Attrition

Definition

Attrition is The decrease in the number of employees in an organization as a result of retirement, other termination, or transfer to other organizations resulting in a significant reduction in the organization's knowledge base Source: [[]]

Summary

One paragraph summary which summarises the main ideas of the article.

Description

In the nuclear industry attrition due to retirement is a particularly important issue because plants typically have stable workforces, all or most of whom joined during the commissioning phase, and thus they often have similar retirement dates.

Source: Risk Management of Knowledge Loss in Nuclear Industry Organizations