There are very few people who begin and end their careers in one company. Most people move on after a time, or the company forces them to move on with an involuntary termination. People leaving organizations seems like a quite straightforward matter, but there is a lot to unpack with employee attrition.
Even though the term is often used interchangeably with employee turnover, it’s not the same. Let’s take a look at what employee attrition is, its causes, how to calculate your attrition rates, and how to manage attrition at your organization.
Contents
What is employee attrition?
Employee attrition vs. employee turnover
What causes employee attrition?
How to calculate the attrition rate
How to prevent voluntary attrition
Over to you
To keep reading the whole article, click here: Employee Attrition: All You Need to Know
Useful primer – I may steal this for my management class. Thanks!
Definitely bookmarking this! Great explanation of employee attrition and how to calculate it. The tips on how to prevent voluntary attrition are very helpful.
I read your blog, thanks for sharing this information.
We had team with consistent 100-133% annual turnover for 3 years. I guess that wasn’t considered too high though because they never looked into why.