Attrition or Labour Turnover
Labour Turnover refers to the rate of change in the workforce of an enterprise during a given period. It is time to time changes in the composition of the workforce that results from hiring, release, and replacement of employees.
Attrition is the phenomenon of the employees leaving the company.
Think-
- Methods used to measure labor turnover.
- Causes of labor turnover.
- Effects of labor turnover.
- Steps to reduce labor turnover.
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