Attrition

(redirected from natural wastage)
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 ?
The police posts will go through retirements, transfers to other forces and natural wastage.
Coun Jones said: "It is hoped that the reductions can be achieved through natural wastage and voluntary redundancies, indeed some decisions have already been taken.
It will shed 3,000 of 17,000 staff through natural wastage, voluntary severance and cuts in parttime staff to save pounds 250million.
They hoped to make the redundancies through natural wastage.
The Executive claimed the plan will be achieved through redeployment and natural wastage and will result in only one compulsory redundancy
7 million from its budget next year but pledged to find the savings through natural wastage.
Many of the cuts in "bureaucracy" could be found through natural wastage, he said, but the National Union of Teachers said compulsion would be wrong.
A spokesman said 27 of the 40 job cuts from the 300 telephone betting staff will be redundancies and the rest will be achieved through natural wastage or redeployment.
A lot of that will come from what they call natural wastage, not filling some vacancies for example, and this move will make it easier for any redundancies.
We can see no reason for that to continue because we could work over a period of 12 months to reduce the head count, maybe on non-replacement of natural wastage.
Most of the job losses will be voluntary redundancies or will go to natural wastage, a BBC spokeswoman said.
However, the company expects to see most of the posts lost across the organisation to come about through natural wastage rather than compulsory redundancies.