Attrition can happen because employees resign on their own, or because the company lets them go. A high attrition rate often points to problems with pay, management, or work culture. Attrition also adds cost to the company through hiring and training new people. HR teams track attrition rate regularly to catch problems early.
Definitions are general guidance. Your organisation's policies and applicable local requirements determine how a term is used in practice.
NEXT TERMBackground Verification (BGV)