![]() Retirement employee attrition: When a few employees or a significant chunk of your staff retires simultaneously.Īttrition can be caused by reasons that are both within and beyond a company’s influence.Here, voluntary refers to the fact that it is voluntary from the employee’s perspective. Voluntary attrition: When an employee leaves the company because they got a new job elsewhere, changed careers, relocated with their family and loved ones, chronic health issues, chronic burnout, or toxic workplace culture.It gets its name from the fact that it is involuntary from the employee’s perspective. Examples include position elimination, layoffs, or termination. ![]() Involuntary attrition: When a company releases an employee to reduce staffing costs and financial stress.There are three forms of employee attrition: Attrition typically leads to a reduction in a company’s overall number of employees. The result is typically that a position is left open, merged into other positions, replaced with a brand-new position, or otherwise eliminated. Difference between attrition and turnover AttritionĪttrition is a metric that measures the number of employees who leave your organization and whom you choose not to replace. To do so, it’s first important that you understand the differences between attrition and turnover. While these terms are often conflated, there are key differences between the two metrics that can offer important insights into your business. If you’ve noticed these trends at your business, it can be helpful to evaluate them through the lens of two related but different HR metrics: attrition and turnover. The Muse’s 2023 user survey found 75% of employees plan to find a new job within the next 12 months, up from 65% in 2022. Regardless of the industry your business operates in, it’s normal for employees to leave from time to time.
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