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churn rate
(redirected from attrition rate)

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia 0.03 sec.

churn rate

(1) The percentage of customers who cancel their online, cellphone or other subscription service during a certain time period.

(2) The percentage of employees who leave the company during a certain time period. See churning.



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``Unfortunately, we have encountered a higher attrition rate than we wish to have experienced, and we're having a difficult time right now finding qualified candidates compatible with the nature of police work.
Mentorship programs have reduced the attrition rate of teachers who leave the field within their first five years of teaching from 30 percent to 5 percent in several major school districts, according to the authors.
Nurses are constantly resigning, and rates of attrition have accelerated, with last year's 12% attrition rate projected to rise to 31% this year, Ms Duff said.
 
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