Employee Attrition: Meaning, Impact & Attrition Rate Calculation
AIHR
AUGUST 3, 2023
This directly impacts team performance and the quality of their deliverables.” Common reasons for leaving include low compensation, poor work-life balance, lack of recognition or career development, poor management, and a hostile work environment. The company is laying off 5% of its workforce by 2025 to boost profitability.
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