Understanding Attrition
Attrition occurs for various reasons, including low pay, a lack of development, and unpleasant working conditions. Attrition is occasionally used to describe losing clients or customers as they get older and outgrow the target market for a product or service without being substituted by the younger generation.

The term "attrition" is widely used to characterize a company's planned employee reduction. When employees quit or retire, the company gets downsized. A hiring freeze is a term for this type of personnel reduction. It's one method for a corporation to save money on labor without having to lay off employees.

There are many reasons why this type of attrition, often known as employee attrition, happens. They are as follows:

•	Superior / Manager
•	Team
•	Work Culture
•	Poor pay
•	Lack of development
•	Subpar workplace conditions
•	Terrible work-life balance
•	Illness
•	Death
•	Relocation
•	Retirement


#bluewisdom #learninganddevelopment #lnd #training #business #softskills #reels #shorts #podcast #communication #leadership #teamwork #teambuilding #sme #msme #corporate #hr #hrm #hrmilestone #neerajbhardwaj #neeraj_blue #neerajblue #neerajnis
#retention #employees #attrition #talent #management #performance #reward #recognition 

Please find the links of other podcasts by Neeraj Bhardwaj
Topic	Podcast
Understanding Motivational Needs	https://anchor.fm/neeraj-bhardwaj5/episodes/Understanding-Motivational-Needs-e1c1jef

Motivating Others	https://anchor.fm/neeraj-bhardwaj5/episodes/Motivating-Others-e1c5pr9

Motivation at workplace	https://anchor.fm/neeraj-bhardwaj5/episodes/Motivation-at-workplace-e1cct76

Concept of Motivation	https://anchor.fm/neeraj-bhardwaj5/episodes/Concept-of-Motivation-e1cctr2

Importance of Motivation	https://anchor.fm/neeraj-bhardwaj5/episodes/Importance-of-Motivation-e1cdr7d

9 Tools for Motivation	https://anchor.fm/neeraj-bhardwaj5/episodes/9-Tools-for-Motivation-e1ce2r8

OKR v/s KPI	https://anchor.fm/neeraj-bhardwaj5/episodes/OKR-vs-KPI-e1i3r6v

प्रतिस्पर्धा	https://youtu.be/ls0ZtCbVzdo

Probing Skills for Effective Communication	https://youtu.be/5D8UOgSWEO0

Probing Skill, Examples	https://youtu.be/5ueBn6b-T3o

Neeraj Bhardwaj 2