Definitions (2) 1.The unpredictable and uncontrollable, but normal, reduction of work force due to resignations, retirement, sickness, or death. 2.Loss of a material or resource due to obsolescence or spoilage. If your company has high attrition, you will be forced to continuously advertise, interview and hire new employees to take the place of those employees who have left. 21 people found this helpful.
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Use attrition in a sentence. If your company has high attrition, you will be forced to continuously advertise, interview and hire new employees to take the place of those employees who have left. Due to the large number of changes the new management was making in the company, the attrition rate among employees skyrocketed. This was a battle of attrition, he tried and tried and still he held out against all of his desire not to.
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Employee turnover and employee attrition both occur when an employee leaves the company. Turnover, however, may result from a number of employment actions, such as discharge, termination, resignation or job abandonment. Attrition occurs when an employee retires or when the company eliminates his job. The major difference between the two is that when turnover occurs, the company seeks someone to replace the employee. In cases of attrition, the employer leaves the vacancy unfilled or eliminates that job role.
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Definitions for attritionəˈtrɪʃ ən. abrasion, attrition, corrasion, detrition(noun) erosion by friction. grinding, abrasion, attrition, detrition(noun) the wearing down of rock particles by friction due to water or wind or ice. attrition, contrition, contriteness(noun)
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2. constant wearing down to weaken or destroy (often in the phrase war of attrition) 3. (Industrial Relations & HR Terms) Also called: natural wastage a decrease in the size of the workforce of an organization achieved by not replacing employees who retire or resign. 4. (Physical Geography) geography the grinding down of rock particles by friction during transportation by water, wind, or ice.
http://www.thefreedictionary.com/attrition
1. a reduction or decrease in numbers, size, or strength. 2. a wearing down or weakening of resistance, esp. as a result of continuous pressure or harassment: a war of attrition. 3. a gradual reduction in work force as when workers retire and are not replaced. 4. the act of rubbing against something; friction. 5. a wearing down or away by friction; abrasion.
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Natural attrition refers to the natural reduction of a business's workforce due to employees leaving on their own accord. Examples of natural attrition include retirement, relocation or leaving the company to pursue other opportunities at another company or in another industry. Continue Reading.
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Natural attrition, sometimes called voluntary turnover, is inevitable and uncontrollable across all industries and for all companies. On average, companies in the U.S. lose 23 percent of their workforce during a year due to natural attrition.
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Wiktionary(0.00 / 0 votes)Rate this definition: attrition(Noun) wearing or grinding down by friction. attrition(Noun) the gradual reduction in a tangible or intangible resource due to causes that are passive and do not involve productive use of the resource.
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Webster Dictionary(0.00 / 0 votes)Rate this definition: Attrition(noun) the act of rubbing together; friction; the act of wearing by friction, or by rubbing substances together; abrasion. Attrition(noun) the state of being worn. Attrition(noun) grief for sin arising only from fear of punishment or feelings of shame.
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natural attrition definition
The definition of the natural attrition is the natural reduction of a business's workforce due to employees leaving on their own accord. The definition of natural attrition is the natural reduction of a business's workforce due to employees leaving on their own accord.