Professional Documents
Culture Documents
Job Attrition
Job Attrition
Job Attrition
MANAGEMENT
TOPIC : JOB ATTRITION
AAKASH BHARDWAJ
ALLURI MANOJVARMA (GROUP LEADER)
AMAN SHARMA
ANIL SAHU
ARUN
BEANT KAUR
ABSTRACT
• WHAT IS ATTRITION ?
• REVIEW ON ATTRITION.
• ATTRITION RATES.
• REASONS FOR ATTRITION.
• TYPES OF ATTRITION.
• ATTRITION HANDLING.
• SUGGESTIONS AND RECOMMENDATIONS.
WHAT IS ATTRITION?
• Defining attrition:
"A reduction in the number of employees
through retirement, resignation or
death“
Global
Average, 25%
USA, 32%
India, 10%
I. IBM I. Microsoft
II. Accenture II. EDS
III. Wipro III. HP
IV. Intel IV. TCS
V. CTS V. Google and Yahoo
Reasons For Attrition
Most among the reasons for large-scale
attrition now-a-days are:
Incompetent Bosses .
In congenial work atmosphere.
Inadequate perks .
Suppression of the Talent .
Employment Market is wide-open to find alternate jobs
easily .
Head-hunting and body-shopping by other good
organizations.
Reasons for Attrition
Others, 10%
Satisfaction, Higher
35% Packages, 55%
Types of Attrition
ATTRITION
VOLUNTARY INVOLUNTARY
VOLUNTARY AND
INVOLUNTARY ATTRITION
Companies usually make a distinction between voluntary
churn and involuntary churn. Voluntary churn occurs due
to a decision by the customer to switch to another company
or service provider, involuntary churn occurs due to
circumstances such as a customer's relocation to a long-term
care facility, death, or the relocation to a distant location. In
most applications, involuntary reasons for churn are
excluded from the analytical models. Analysts tend to
concentrate on voluntary churn, because it typically occurs
due to factors of the company-customer relationship which
companies control, such as how billing interactions are
handled or how after-sales help is provided
ATTRITION HANDLING
• Making work a fun place, having education and ongoing learning for
the workforce and treating applicants and an employee in the same
way as one treats customers.