What is Attrition Rate and What Does it Mean for Your Company?
What is Attrition Rate and What Does it Mean for Your Company?
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FYI this isn’t accidental - it’s an HR/biz strategy known as “natural attrition”. 🔁 Unlike turnover, which tracks people who quit but are replaced — attrition refers to a thinning of the workforce, with no replacements. 🤷🏼‍♀️ It’s sometimes necessary to keep the company afloat (although sometimes it just comes down to greed tbh). Either way - this is not a You Problem lol it’s a Company Problem. My advice? Start warming up that resume, it usually doesn’t get better for a while. You got this!
1:04
FYI this isn’t accidental - it’s an HR/biz strategy known as “natural attrition”. 🔁 Unlike turnover, which tracks people who quit but are replaced — attrition refers to a thinning of the workforce, with no replacements. 🤷🏼‍♀️ It’s sometimes necessary to keep the company afloat (although sometimes it just comes down to greed tbh). Either way - this is not a You Problem lol it’s a Company Problem. My advice? Start warming up that resume, it usually doesn’t get better for a while. You got this!
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