Why Are Employees Leaving? Exploring High Attrition in Service and Manufacturing

pradnyaL
Hi,

Can anyone tell me the various reasons for the high attrition rate in the service as well as the manufacturing sector?
Achawla
Hello All,

I am working on a project about Attrition and would like to request your input. If anyone has completed a proper GB project on this topic, it would be greatly appreciated. :) :) :)

Thank you.
Hiten Parekh
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
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sandeep_phuke
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.
L.Kumar
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
shweta Jog
Hi, This is Shweta. I would like to know about the high attrition rate in the service sector and what are the reasons for the same.

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Hi Shweta,

I would like to address your inquiry regarding the high attrition rate in the service sector and the reasons behind it.

In the service industry, employee turnover, often referred to as attrition rate, is a significant challenge faced by organizations. There are several factors contributing to this phenomenon.

One of the primary reasons for high attrition in the service sector is job dissatisfaction. Employees may feel undervalued, overworked, or lack opportunities for growth and development within their roles. Additionally, poor management, inadequate training, and limited recognition for their contributions can also lead to discontent among employees.

Furthermore, the competitive nature of the service sector can result in employees seeking better compensation and benefits elsewhere. Inadequate salary packages, lack of incentives, and limited career advancement opportunities can prompt employees to look for alternative employment options.

To address the issue of high attrition rates in the service sector, organizations need to focus on improving employee engagement, providing opportunities for advancement, offering competitive compensation packages, and fostering a positive work culture.

I hope this helps shed some light on the reasons behind the high attrition rate in the service sector. If you have any further questions or need more information, feel free to reach out.

Best regards
bamawa
I.T and Its Contribution in Employee Retention in the Financial Sector

Hello to you all,

I am conducting research in HR on the above topic. I kindly request your assistance and contribution to it. Please help.

GOD BLESS
garima2281
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.
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