What is employee attrition?
Employee attrition is the departure of employees from the organization for any reason (voluntary or involuntary), including resignation, termination, death, or retirement.
What factors can influence employee attrition?
Factors affecting attrition include:
- Salary (monetary)
- Lack of future career prospects
- High stress levels leading to work–life imbalance
- Organizational climate
- Unjust employment policies
- Bad managers
- Stressful nature of work