Which term refers to reducing the workforce through the departure of employees who resign or retire?
A) a hiring freeze
B) a worker loan-out program
C) attrition
D) termination

Question

Quizplus · Accepted Answer

Attrition refers to the natural reduction of the workforce through voluntary resignations or retirement, without the need for involuntary termination. A hiring freeze refers to a temporary halt in the recruitment of new employees, while a worker loan-out program refers to the practice of loaning employees to other companies for short periods. Termination refers to the involuntary dismissal of employees.

Which Term Refers to Reducing the Workforce Through the Departure