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What is employee attrition?

Employee attrition occurs when someone leaves a company, for any reason and through any means, and is not replaced by another ...
The study is titled “Turnover experiences in public accounting and alumni’s decisions to ‘give back’” and is forthcoming in ...
The cost of employee attrition is higher than you think. The recent tech downturn has catalyzed a dramatic cooling of the once-hot tech labor market, causing more than 100,000 layoffs as of March 2023 ...
Some level of employee turnover is natural for all businesses. While employees used to stay with one company for the majority of their careers, job-hopping has become much more common for today’s ...
Attrition means employees leave and aren't replaced; linked to downsizing strategy. High employee or customer attrition flags potential company problems. Investors should assess attrition's cause ...
The process of recruiting, hiring and onboarding talent for your business is a time-consuming and expensive process. According to the Society of Human Resource Management (SHRM), the average cost to ...
High employee turnover is a persistent challenge for many industries, including retail, hospitality and healthcare. It creates a cycle of recruitment, training and lost productivity that can ...