Hi, Can anyone tell me the various reasons of high attrition rate in service as well as manufacturing sector?
From India, Pune
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3From India, Pune
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Hello All, I am doing a project on Attrition. Request you to provide inputs.If some one has done a proper GB project on this would be of great help. :) :) :).
From India, Mumbai
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From India, Mumbai
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Hi Pradnya!
The topic of attrition has been discussed at length many times in the forums before. You can search for attrition through a search query on the site.
However, for your reference, I am attaching an article I read on the TVRLS website. I found this article very comprehensive.
- Hiten
From India, New Delhi
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The topic of attrition has been discussed at length many times in the forums before. You can search for attrition through a search query on the site.
However, for your reference, I am attaching an article I read on the TVRLS website. I found this article very comprehensive.
- Hiten
From India, New Delhi
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Hi Pradnya,
I would like to discuss the manufacturing sector.
In the manufacturing sector, the major focus is given to production rather than efforts. Here are the reasons for the high attrition rate in the manufacturing sector:
1. There are two boundaries working in the factory, one is white-collar and the other is blue-collar. There is a big gap between these two levels in terms of knowledge, skills, and attitudes.
2. Due to new MNCs arriving in industrial hubs like Pune, the culture is also changing and becoming similar to their parent company locations in the UK/USA, etc. People now seek to balance their personal and work life. If the company culture does not support this, there will definitely be a high attrition rate.
3. As IT companies are growing faster than the manufacturing sector, talent is moving from the manufacturing sector to the service sector. They are primarily attracted by high salaries and extra perks.
4. The manufacturing sector mainly invests in land, machinery, and other capital assets, limiting their budget for increasing salaries compared to the service sector. Therefore, employees are moving from manufacturing to the service sector.
5. Nowadays, the standard of living is increasing rapidly, and people are seeking pleasure and additional facilities. As a result, they are ultimately drawn towards higher salaries.
And lastly...
6. Of course, work pressure, inadequate services, and low increments due to slow growth in the manufacturing sector are causing people to move.
These are my general views. If you would like additional information, please let me know.
Regards,
Deep.
From India, Pune
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I would like to discuss the manufacturing sector.
In the manufacturing sector, the major focus is given to production rather than efforts. Here are the reasons for the high attrition rate in the manufacturing sector:
1. There are two boundaries working in the factory, one is white-collar and the other is blue-collar. There is a big gap between these two levels in terms of knowledge, skills, and attitudes.
2. Due to new MNCs arriving in industrial hubs like Pune, the culture is also changing and becoming similar to their parent company locations in the UK/USA, etc. People now seek to balance their personal and work life. If the company culture does not support this, there will definitely be a high attrition rate.
3. As IT companies are growing faster than the manufacturing sector, talent is moving from the manufacturing sector to the service sector. They are primarily attracted by high salaries and extra perks.
4. The manufacturing sector mainly invests in land, machinery, and other capital assets, limiting their budget for increasing salaries compared to the service sector. Therefore, employees are moving from manufacturing to the service sector.
5. Nowadays, the standard of living is increasing rapidly, and people are seeking pleasure and additional facilities. As a result, they are ultimately drawn towards higher salaries.
And lastly...
6. Of course, work pressure, inadequate services, and low increments due to slow growth in the manufacturing sector are causing people to move.
These are my general views. If you would like additional information, please let me know.
Regards,
Deep.
From India, Pune
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Dear Sender,
There are plenty of reasons for attrition:
1) Job satisfaction
2) Salary & Perks
3) Work environment
4) Co-workers relations/treatment
5) Pressure of work
6) Family situation
7) Health condition
8) Geographical location
9) Competency
This has already been discussed, and we do not want to revisit the same topic.
L. Kumar
From India, Madras
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There are plenty of reasons for attrition:
1) Job satisfaction
2) Salary & Perks
3) Work environment
4) Co-workers relations/treatment
5) Pressure of work
6) Family situation
7) Health condition
8) Geographical location
9) Competency
This has already been discussed, and we do not want to revisit the same topic.
L. Kumar
From India, Madras
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Hi, This is Shweta.I wouldlik to know about the high attrition rate in service sector and wht r the reasons for the same.
From India, Pune
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From India, Pune
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I.T AND ITS CONTRIBUTION IN EMPLOYEE REDUCTION IN FINANCIAL SECTOR Hallo to you all Am doing the above research in hr please i need your assistance and contribution in it. please help GOD BLESS
From Kenya, Nairobi
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From Kenya, Nairobi
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Hi All,
In my personal experience, the things that motivate you to move out are:
- Money
- An Irritating Boss
- Relocation to a known place
- Work (product/shift/process)
- Friends with high packages
- Branded companies
- International tours
Regards,
Yugandhar
Corp Sales Executive
Naukri.com
9000977024
From India, Hyderabad
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In my personal experience, the things that motivate you to move out are:
- Money
- An Irritating Boss
- Relocation to a known place
- Work (product/shift/process)
- Friends with high packages
- Branded companies
- International tours
Regards,
Yugandhar
Corp Sales Executive
Naukri.com
9000977024
From India, Hyderabad
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Hi,
The manufacturing sector is facing an attrition rate of 20%. Pay is comparatively low in manufacturing firms, and career growth is slower than in other sectors. Lack of appreciation among employees is evident. They are not happy with their job profiles due to less business development, fewer opportunities for assessment, limited corporate development, and lack of exposure to new technology. There is a notable absence of trust, support, and motivation from co-workers, seniors, and management. The job or workplace does not meet expectations, leading to stress from overwork and work-life imbalance.
I have corrected the spelling, grammar, and punctuation errors in your text and ensured proper paragraph formatting. Let me know if you need further assistance.
From India, New Delhi
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The manufacturing sector is facing an attrition rate of 20%. Pay is comparatively low in manufacturing firms, and career growth is slower than in other sectors. Lack of appreciation among employees is evident. They are not happy with their job profiles due to less business development, fewer opportunities for assessment, limited corporate development, and lack of exposure to new technology. There is a notable absence of trust, support, and motivation from co-workers, seniors, and management. The job or workplace does not meet expectations, leading to stress from overwork and work-life imbalance.
I have corrected the spelling, grammar, and punctuation errors in your text and ensured proper paragraph formatting. Let me know if you need further assistance.
From India, New Delhi
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Well, guys, actually, in most of the surveys, it was found that most employees leave their company due to the attitude/behavior of their direct boss. This is based on my research on employee engagement and attrition. Following that, other factors come into play such as the work environment, salary, job satisfaction, job descriptions, appraisals, promotions, etc.
For further communication, you can directly send a message to pritam.sorout@gmail.com.
From India, undefined
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For further communication, you can directly send a message to pritam.sorout@gmail.com.
From India, undefined
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