Attrition

(redirected from attritions)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Attrition

The slow, gradual reduction of members in a company or organization due to retirement, resignation or death. That is, members lost through attrition are not replaced in the same numbers. Attrition may be deliberate; that is, if a company is downsizing, it may prefer to lose employees through attrition rather than to conduct layoffs. Other times, however, attrition may be a sign of a weak company or organization unable to attract talent. Attrition is also called natural wastage.
Mentioned in ?
References in periodicals archive ?
According to the study conducted by Nasscom (2004), the business process outsourcing (BPO) industry in the country which is expected to employ around one million people by 2008 is facing the challenge of finding quality human resources given the current attrition rate of around 50 per cent.
The study is descriptive in nature whereby an attempt is made to highlight the factors leading to attrition in BPO industry in Chandigarh.
The first stage of the process was to determine whether the four dimensions could be viewed as appropriate indicators of attrition in BPO industry.
Next, the study evaluated reasons for DOR attrition.
The study utilized chi-square analysis to determine if a significant difference existed between the overall attrition rates for the two programs.