BizSugar.com › Employee Benefits › Employee Attrition or Turnover Advantages & Disadvantages

Turnover and attrition is used interchangeably nowadays by the organizations, the term has gone through a lot of change over the years. Attrition means the process of gradual worn out- when the employees after years of work would want to move out and relax. This process as coined should take around 40 years. This is what generally the working years of any professional was in the past, the term has changed and in this century the process takes just 3 – 4 years on an average. It has become abrupt, sudden and sometimes highly drastic. The term thus, has become synonymous to employee turnover.