Concluding Thoughts
Finally, attrition is also economically damaging to the organizations as the replacement employees have to be hired at a cost and trained again at a cost. Further, losing employees who are well versed with the organizational culture can mean a loss of valuable resources that lead to a situation where the organization stands to miss the potential value adding activities of the employees. It is for this reason that HR managers and organizations take attrition seriously and consider ways and means to curb the same.