Employee attrition is the voluntary departure rate of employees from a company or organization.This can happen for various reasons, including finding a better job opportunity, personal reasons, retirement, or dissatisfaction with the work environment. High levels of employee turnover can have a negative impact on the organization, resulting in increased recruitment and training costs, reduced productivity, and decreased morale among remaining employees. Organizations may reduce employee attrition by improving employee engagement and job satisfaction, offering competitive salaries and benefits, and providing professional development and growth opportunities.
Here are the common reasons for employee attrition:
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