Attrition

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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.
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"The reason why we are announcing this now is so we can manage it through natural wastage so that when it comes to happen there will be far fewer than 1,203 staff losing their jobs."
He also questioned how the fire service could put the 102 full-time positions down to natural wastage.
"It means we have less chance for natural wastage and with the economy as it is, there's less chance of people finding other jobs."
However, the North East has only seen its workforce trimmed slightly through natural wastage and we are not expecting any major cuts going forward, considering the amount of work we are bidding for in the region.
However, 23% of survey participants believe that they may have to reduce headcount beyond natural wastages over the next 12 months." There was an almost equal split when asked about pay increases, with 46% saying they would increase salaries this year.
It foresees cutting most of the 4,000 jobs through voluntary departures and natural wastage.
The Health Department said 500 staff had gone already in the past year through natural wastage and unfilled vacancies.
Overall the changes would result in a reduction of around seven posts achieved through natural wastage.
They hoped to make the redundancies through natural wastage.
Chief executive Tim Bowdler, inset, said the 400 jobs had gone mainly by natural wastage. The loss of 23 jobs was announced at Scots-.
Coloplast also said that it would try to phase out as many as possible of the jobs through natural wastage.
Natural wastage runs at 4 per cent to 5 per cent each year and the report said savings could be made if half the posts which become vacant every year were not filled.