Turnover vs Attrition Explained
Peoplebox
MAY 28, 2024
Over the course of the year: 5 employees resign to take jobs at other companies 2 employees are terminated for poor performance 3 employees are laid off due to budget cuts 4 new employees are hired to fill open positions At the end of the year, Acme has 50 employees again (50 – 5 – 2 – 3 + 4 = 50).
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