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Shrinkage refers to the reduction in the workforce or available hours due to various factors like absenteeism, breaks, or training, which affects overall productivity. Attrition, on the other hand, specifically refers to the gradual loss of employees through resignations, retirements, or other forms of voluntary exit without immediate replacements. While shrinkage can be temporary and related to day-to-day operations, attrition reflects a more permanent change in workforce size.

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2w ago

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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 does shrinkage means in retail?

Shrinkage is the difference between the stock on the inventory book and the actual physical stock. Shrinkage is also deifned as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock. Shrinkage % is calculated as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock by the retail sales of this volume


What is the difference between attrition and employee turnover?

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.


Shrinkage is what principle?

Shrinkage is the difference between the recorded or expected value and the actual value. In accounting, it commonly refers to the loss of inventory due to theft, damage, or errors in recording. Implementing measures to reduce shrinkage is important for businesses to maintain profitability.


What is the difference between attrition and erosion?

Attrition is a type of erosion. Attrition is the wearing down of something by friction, however erosion is just the wearing down of something. Therefore attrition is simply a way of eroding something.


Difference between type k cement and cement fondue?

Type K cement is slightly expansive and helps reduce the shrinkage issues associated with normal cement in concrete mixes. Cement fondu is an accelerated cement that provide concrete higher earlier strength. It does not specifically compensate for shrinkage


Difference between attrition and erosion?

Attrition is a type of erosion. Attrition is the wearing down of something by friction, however erosion is just the wearing down of something. Therefore attrition is simply a way of eroding something.


What is the difference between abrasion and attrition?

Abrasion is the mechanical wear caused by improper toothbrushing or other habits, mainly on the facial surface. Attrition is mechanical wear from the forces of mastication on the incisal or occusal surfaces


What is a shrinkage Allowances?

When heat treating a metal... it will shrink. You must make a part larger than needed so when treated it shrinks to size. The difference between these two sizes is the shrinkage allowance. Example... a 1/4-20 threaded hole should be .003 bigger before heat treat so when done it will fit.


What is another word for trench warfare?

Trench warfare. Warfare fought between men in trenches. No, I think trench warfare is about as good as it gets. Would the word "attrition" work for you? - attrition: constant wearing down to weaken or destroy (often in the phrase war of attrition)


What sentence can you make with the word attrition?

It was a war of attrition.


Can brain shrinkage due to depression be reversed?

Brain shrinkage due to depression can be reversed. This can be done by hippocampus shrinkage.