Attrition
Attrition is the process of reducing an HR surplus by allowing the size of the workforce to decline naturally because of the normal pattern of losses associated with retirement, deaths, voluntary turnover, etc.
Webster Dictionary Meaning
1. Attrition
- The act of rubbing together; friction; the act of
wearing by friction, or by rubbing substances together; abrasion.- The state of being worn.
- Grief for sin arising only from fear of punishment or feelings of shame. See Contrition.
Category: HRM & Labor Studies
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