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Seb Anthony

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Attrition and turnover?

Attrition refers to the natural reduction of workforce through resignations and retirements, while turnover measures the total rate of employee departures. Attrition rate is calculated as separations divided by average headcount, while turnover rate uses total separations divided by average number of employees during a period.
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Would like to know the definition of attrition and turnover respectively. Moreover, I’d very much appreciate if you could also share the formulae for computation.

Many thanks,
Alice Ma

Would like to know the definition of attrition and turnover respectively. Moreover, I'd very much appreciate if you could also share the formulae for computation.

Many thanks,
Alice Ma

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