How Does Attrition Rate Impact Your Business?
BerniePortal
SEPTEMBER 17, 2021
Attrition rate is the loss of employees or customers who are ultimately not replaced. This differs from the turnover rate , which simply tracks lost employees or customers. A high attrition rate means that more employees are leaving than are being brought in, while a low attrition rate means that vacant roles are being promptly filled. High employee turnover can ultimately lead to. higher attrition rates as the more vacant roles there are, the more difficult it is to fill them all.
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