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attrition is the reduction in number of employees mainly resulting from the retire of an personnel ;
turn over is the difference between number of employees at the beginning and ending of an year and this is resulted by many reason, resignation, termination, dismissal and discharge.
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What are the types of attrition?
InvoluntaryTurnover or Attrition can be involuntary. Involuntary turnover typically refers to an employment decision to terminate the employee. Reasons for involuntary turnover include poor performance, excessive absenteeism or violation of a workplace policy that is considered a terminable offense. Attrition due to layoff, reduction in force or job elimination is typically involuntary because the employment relationship ends based on the employer's circumstances, not the employee's decision to leave. Pennsylvania State University professor education Erling Boe and colleagues differentiate between turnover and attrition in their article "Teacher Turnover: Examining Exit Attrition, Teaching Area Transfer, and School Migration." They indicate that, when a teacher decides to leave the teaching profession, it is called attrition, which they consider to be a component of turnover.VoluntaryVoluntary termination occurs when an employee resigns to pursue another career opportunity, relocate with a spouse or simply leave the workforce for personal reasons, such as raising a family. In this case, the employer starts the recruitment and selection process to find a suitable candidate to fill the vacant position. Retirement is a form of voluntary turnover; however, if the employer decides against filling the position left vacant, it is considered attrition. Nevertheless, in the case of retirement, the reason the job is vacant is the employee's decision to retire -- classifying it as a voluntary action.
The difference between turnover and revenue?
In U.K. "turnover" is what U.S. calls "revenue"
Difference between sales turnover and labor turnover?
Sales turnover is often expressed in monetary terms but can also be expressed in terms of the total amount of stock or products sold within a specific time period, usually a year. Whereas Labour turnover is the ratio of the number of employees that leave a company through attrition, dismissal, or resignation during a period to the number of employees on payroll during the same period.
What is the difference between sales turnover and labor turnover?
Sales turnover is often expressed in monetary terms but can also be expressed in terms of the total amount of stock or products sold within a specific time period, usually a year. Whereas Labour turnover is the ratio of the number of employees that leave a company through attrition, dismissal, or resignation during a period to the number of employees on payroll during the same period.
What is the difference between annual attrition and annualised attrition?
Annual attrition is the actual attrition rate for a year or a period of years. Annualized attrition would be an extrapolation based on the portion of a year (for example, take the actual attrition for 6 months and double it to arrive at an annualized attrition rate).
What is the difference between an entrepreneur and an employee?
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What is the difference between a turnover strategy and a conversion strategy?
Turnover strategy would be a complete redo and a conversion strategy would just need a few chamges.
What is the difference between turnover and handover?
The differents between handover and turnover, handover mean the person accept duties and responsibilities/ to take charge .while turn over is the person give duties and responsilities .
What is the difference between current and former employee?
A current employee is still employed by that particular employer; a former employee is not.
What is the difference between human relation to public relation?
I think you mean to ask "what is the difference between public relations and employee relations?" In essence, there is not a difference. Employee relations is a specialty, a niche within public relations.
What is the difference between public relations to human relations?
I think you mean to ask "what is the difference between public relations and employee relations?" In essence, there is not a difference. Employee relations is a specialty, a niche within public relations.
What is difference between debit turnover and credit turnover?
1. Credit Turnover is the summation of all the credit transactions in your account during the statement period.2. Debit Turnover means the summation of all the debit transactions in your account during the statement period.3. (Opening balance of account) + (Credit Turnover) - (Debit Turnover) = Closing balance of account.
