Top Reasons For High Rate of Attrition In India
High rate of attrition in Indian organizations has been an issue that has been viewed and interpreted from different point of views by people depending on which side of the table they are, as well as the industry to which they refer.
Many reasons.
Primary among them are unsatisfactory working conditions.
Poor pay and unlimited and unending work.
Most employers are too busy saving pennies even if it involves much higher amount of activity.
The study of attrition needs to encompass all the categories of employees right from reportees to CEO down to unskilled worker as well as across all industry segments. While there are several contributing factors, the most prominent reason of attrition in India is 'money'- better remuneration- which is main driver to satisfy basic needs. The other needs in Maslow's hierarchy like safety, self esteem and status do play decisive role in job attrition.
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