What is the opposite of employee retention?

Employee turnover
They’re almost opposite terms. Employee turnover is the proportion of your workforce who leave during a period of time (usually per year). Retention is the proportion of employees who stay.

What is the opposite of retention?

Antonyms & Near Antonyms for retention. dispossession, relinquishment, surrendering, transferal.

Is attrition the opposite of retention?

By definition, attrition and retention measure the exact opposite outcomes. In simple terms, attrition measures who your business has lost. And retention is who your organization has kept.

What is the opposite of job turnover?

Employee retention refers to both the rate at which people stay with a given company over a period of time and the strategies employed to keep them there.

What’s the opposite of attrition?

Antonyms. maximize maximise maximization expansion appreciation addition.

What is another word for employee turnover?

Definition: Staff attrition refers to the loss of employees through a natural process, such as retirement, resignation, elimination of a position, personal health, or other similar reasons. With attrition, an employer will not fill the vacancy left by the former employee.

What is the opposite of customer retention?

Customer churn
Customer churn refers to a business losing customers or clients. It’s the opposite of customer retention.

What is another word for retention?

In this page you can discover 21 synonyms, antonyms, idiomatic expressions, and related words for retention, like: reservation, remembrance, retentiveness, withholding, keeping, retentivity, maintenance, preservation, recall, holding and memory.

What is the best synonym for retention?

synonyms for retention
  • confinement.
  • detainment.
  • detention.
  • holding.
  • reservation.
  • withholding.

What does it mean to retain something?

to keep in possession
1a : to keep in possession or use. b : to keep in one’s pay or service specifically : to employ by paying a retainer. c : to keep in mind or memory : remember.

What is the word for retaining staff?

Employee retention is the ability of an organization to retain its employees and make sure the sustainability of employees.

What is the meaning of employee retention?

Employee retention is defined as an organization’s ability to prevent employee turnover, or the number of people who leave their job in a certain period, either voluntarily or involuntarily. Increasing employee retention has a direct impact on business performance and success.

What does retention mean in business?

If a company or product has high customer retention, it means that customers return to purchase or continue using a product or service. If a company or product has low customer retention, it means that customers stop buying or using a product or service.

What is attrition in the workplace?

Attrition is the departure of employees from the organization for any reason (voluntary or involuntary), including resignation, termination, death or retirement.

What are the types of attrition?

There are five types of employee attrition that you need to know of:
  • Attrition due to retirement. …
  • Voluntary attrition. …
  • Involuntary attrition. …
  • Internal attrition. …
  • Demographic-specific attrition.

What does poor retention mean?

In cases of poor retention policies, employees are just not bothered about the reputation of their office and avoid taking initiative to do something new. The employees who are there for a long time in the organization are trustworthy and the management can rely on them anytime.

What are the three types of attrition?

There are three main types of employee attrition:
  • Involuntary attrition. Involuntary attrition happens when the company decides to part ways with the employee. …
  • Voluntary attrition. Voluntary attrition happens when an employee decides to leave the company. …
  • Retirement attrition.

What do you call an employee who left the company?

Tip. Attrition refers to employees who leave their jobs due to normal life circumstances; turnover refers to people who quit their jobs because they don’t like them.