ATTRITION RATE

Presented by
Neeraj Phadte
What is attrition

A reduction in the number of employees through

retirement, resignation or death
Causes of Attrition
Higher Pay
Job or work place is not what they expected
Job & person mismatch
 Less growth opportunities
 Lack of appreciation
Lack of trust and support in coworkers, seniors and
management
Stress from overwork and work life imbalance
Compensation
New job offer
Plans for further studies
 EFFECT ON ORGANIZATION
Loss of productivity
Replacing qualified employees is hard
Cost of overtime or temporary job
Recruiting costs
Interviewing costs
Time spent in orientation
 Reducing attrition
Training and Development
 Employees should be given adequate training regarding new
technology domain behavior skills and succession plans.
 This will improve their efficiency in their respective fields as well as
provide an opportunity for the advancement within an organization.

Feedback
 Learning what employees want in their workplace this will allows
employers to cater to these needs, creating a more productive work
environment.
 Exit interviews should be taken which will allow managers to
understand why employees are leaving.
 Reducing attrition
Motivation
 Motivation including compliments and rewards
for exemplary work,
 encourage employees to reach their potential.

Pay and Benefits

 Providing employees with adequate salary.
incentives this will encourage them to continue
with their current job.
Thank you