In any organisation attrition plays an important role. If it is beyond the normal limit , the normal working of an organisation gets hampered. What are the reasons for attrition and how to keep it within normal limit. What is normal rate of attrition?
Cite.Co is a repository of information created by your industry peers and experienced seniors made possible with help from our prime sponsors like:

TALENTEDGE Who provide a platform for "interactive anywhere learning". Courses from top reputed institutes like IIM, XLRI, MICA. View Courses

FACTOHR - Provides Customised Payroll, GPS Enabled Attendance, Travel, Performance Management, HRMS that can help streamline your organisation. Explore Features

Register Here and help by adding your inputs. Contributions From Other Members Follow Below...
Hello Nikhil,
Attrition analysis is the best way to identify the root cause for attrition and can create steps to reduce the attrition rate. Based on the industry (IT, Manufacturing, ITES and so on) the attrition rate varies. Search for attrition trends by industry or sector to understand the market level.
Reason can be known by looking your own company's attrition data. In IT industry, the termination process tracks the reason for employee's leaving and uses this to devise strategies to attract and retain the talents. The reason could be any of the below
Compensation (not better compensation as per market standard)
Work environment (not a suitable place to work)
No Growth (no career growth)
Personal (health, family or any reasons)
Work life balance (not balanced work load)
Leaders/superior (if leadership is not transparent and ineffective)
Better prospects
The category may extend per the industry. My suggestion is please understand completely the HR processes from recruitment to termination so that you will identify where the issue happens.
Sometimes it also happens because of poor recruitment. So each and every aspects of the HR function has to be analysed deeply to identify and fix this issue.
Add Reply Start A New Discussion

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™