Attrition Definition

In business, attrition is the gradual reduction of a workforce due to retirements, resignations, and deaths. Attrition can also refer to the wearing away of a material or substance through friction.

When discussing attrition in the business world, it’s usually referring to the former definition. Attrition rates are used to measure how many employees leave an organization over a period of time, and can be used as a predictor of future turnover. High attrition rates can be costly for businesses, as they need to continuously train new employees to replace those who have left.

There are several reasons why employees may choose to leave an organization, including poor working conditions, low pay, and lack of job satisfaction. While some turnover is inevitable, high attrition rates can be indicative of deeper problems within an organization. If you’re concerned about high levels of attrition at your company, it’s important to identify the root causes so that you can take steps to address them.