Definition of Attrition rate:
The rate at which something is reduced or lost by attrition.
Percentage rate at which something is lost, or is reduced by, over a period.
How to use Attrition rate in a sentence?
- The attrition rate at the company was increasing so we decided to launch an investigation into the quality of the employees lives.
- You need to know the attrition rate for all of your major machinery and be prepared to replace them when need be.
- I payed attention to the attrition rate and realized that it was not good and the product would soon be out of the market.
Meaning of Attrition rate & Attrition rate Definition