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The topic of attrition has been discussed at length many a times in the forums before. You can search for attrition through search query in the site.
However, for your reference, I am attaching one article I read on TVRLS website. I found this article very comprehensive.
16th December 2007 From India, New Delhi
I would like to discuss about manufacturing sector.
See, in mfg sector major focus is given on production rather than the efforts. Following are the reasons for high attrition rate in mfg sector -
1. There are two bounderies working in factory, one is white color & other is blue color. There is big gap between these two levels as far as knowledge, skill & attitude.
2. Due to new MNC's arriving in industrial hub like Pune, the culture also changing & becoming like their parent company locations like, UK/USA etc. Now here people would like to balance their personal & work life. If company culture is not supporting to this then there will be definetely high attrition rate.
3. As IT companies are growing faster than mfg sector, talent is moving from mfg sector to service sector. They are basically attracting with the high salaries & extra perks.
4. Mfg sector are mostly investing into the land, machine & other capital assets, so there budget is not allowed them to increase salary base as compare to service sector. So employee are moving from mfg to service sector.
5. Now a days standard of living has been growing very fast, to compare with the same people are seeking for pleasure & extra facilities and ultimately they are attracting towards the higher salaries.
6. Ofcourse work pressure, inadequete services, low increments due to low growth in mfg sector people are moving.
These are my general views. If you want few additional information, pls let me know.
20th December 2007 From India, Pune
There are plenty of reasons for attrition
1) Job satisfaction
2) Salary & Perks
3) Work environment
4) Co-workers relation/treatment
5) Pressure of work
8) Geographical location
and still go on--and this has already been discussed, we do not want to again discuss on the same topic
20th December 2007 From India, Madras
To my personla experience the things which motivate you to move out are :
Relocation to known place,
Friends high packages,
Corp sales Exe
12th November 2010 From India, Hyderabad
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
Employees are not happy with job profiles due to less business development, less opportunity assessment, less corporate development and no new technology.
Lack of trust,support and motivation from co-workers,seniors and management.
Job or work place is not what is expected
Stress from overwork and work life imbalance
12th November 2010 From India, New Delhi
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4th August 2015 From India, undefined