Hi, I am new in HR. Can anyone help me with meaning and difference between Attrition, Separation & turnover.......I am too confused. Please guide me. Regards,
From India, Mumbai
1From India, Mumbai
Attrition
Attrition refers to reduction in staff that are vacated through resignation, reassignment, transfer, retirement, or means other than layoffs.
Separation
Any termination of employment. It is generally classifiable as a layoff, voluntary quit, or discharge.
Employee Turnover
The ratio of the number of workers that had left in a given time period to the average number of workers.
From India, Delhi
Attrition refers to reduction in staff that are vacated through resignation, reassignment, transfer, retirement, or means other than layoffs.
Separation
Any termination of employment. It is generally classifiable as a layoff, voluntary quit, or discharge.
Employee Turnover
The ratio of the number of workers that had left in a given time period to the average number of workers.
From India, Delhi
Thanks a ton...
Attrition refers to reduction in staff that are vacated through resignation, reassignment, transfer, retirement, or means other than layoffs.
Separation
Any termination of employment. It is generally classifiable as a layoff, voluntary quit, or discharge.
Employee Turnover
The ratio of the number of workers that had left in a given time period to the average number of workers.[/quote]
From India, Mumbai
Attrition refers to reduction in staff that are vacated through resignation, reassignment, transfer, retirement, or means other than layoffs.
Separation
Any termination of employment. It is generally classifiable as a layoff, voluntary quit, or discharge.
Employee Turnover
The ratio of the number of workers that had left in a given time period to the average number of workers.[/quote]
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
HR TERMS.doc
Glossary of HR terms.pdf