ATTRITION:

A GLOBAL
CHALLENGE

KRUPALI SHAH
 ATTRITION
OUR ASSEST WALK OUT OF THE DOOR EACH
EVENING.WE HAVE TO MAKE SURE THAT
THEY COME BACK THE NEXT MORNING

- NARAYAN A MURTHY
CHIEF MENTOR OF INFOSYS
 Attrition ??

"Areduction in the number of

employees through retirement,
resignation or death"
Reasons why an employee leaves an
organization

 Monetary factors

 Lack of good working condition-

 No Flexible work schedules.

 Cont…

Lack of respect-

 Very Few Supportive colleagues:

Organization is more concern

toward business

Increase in favoritisms
 Cont…
Employee needs pride in where they
work & what they do

Lack of appreciation

Lack of challenges in job

The job or workplace was

not as expected
 Cont..

The Mismatch Between Job and

Person

Too Little Coaching and Feedback

Lack of support
 Cont…

Stress From Overwork and

Work-Life Imbalance

 Loss of Trust and

Confidence in Senior Leaders

Less frequency in giving

rewards.
 EFFECT ON ORGANIZATION
IF ITS EMPLOYEE LEAVE
 Loss of productivity
 Replacing qualified employees
 Poor retention creates a “revolving door”
culture within the organization lowering
morale and confidence.
 Cost of overtime or temporary help
 Recruiting costs
 Interviewing costs
 Time spent in orientation
RETENTION
What is Employee Retention?

 Employee retention is a process in which

the employees are encouraged to remain
with the organization for the maximum
period of time or until the completion of
the project. Employee retention is
beneficial for the organization as well as
the employee.
Importance of Employee retention.

 The cost of turnover

 Loss of company Knowledge
 Interruption of customer Service
 Turnover leads to more turnover
 Goodwill of the company
 Regaining efficiency
Key Areas in Employee Retention

Compensation Environment Growth

Relationship
Support