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Factors effecting attrition rate

in IT Industry
DILEEP BAJAJ ANKUSH SINGAL
AREEB AHMED ASHUTOSH BIHANI
NEHA AGARWAL GROUP 6 HIMAJA V
ARIF EHSAAN
What is Job Satisfaction?

Job satisfaction describes how content an


individual is with his or her job
Edwin A. Locke’s Range of Affect Theory:
Job satisfaction = What one wants – What one gets
Frederick Herzberg’s Two factor theory:
Satisfaction and dissatisfaction driven by different
factors
Hackman & Oldham’s Job Characteristics Model:
5 core job characteristics - skill variety, task
identity, task significance, autonomy and feedback
Office Humour
Why is it important?

Job satisfaction has a direct correlation with:


Motivation
Stress levels
Employee performance
Organisational Citizenship
Absenteeism &

ATTRITION
The Survey

• Surveyed across several companies


• Broad factors considered –
 Work compensation
 Organisational commitment
 Work quality
 Work environment
• Participationby 108 employees
• Across varied designations
Results

Factors in order of importance:


 Team Work
 Work Compensation
 Work Quality
Organisational commitment is not a driving factor
Learnings

Employee Perspective
The IT Industry employees are above the Growth
platform in the ERG model
They are now looking for Relatedness – Team Work,
Work Quality
Company Perspective
Need to develop a model to generate a sense of
commitment and loyalty among the employees
Satisfied ???

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