A Study on Employee Attrition in IT sector, Hyderabad
Author(s):
Dr.G.Hemalatha, Rashimalalu Swati Vinod
Keywords:
Attrition, Retention, Managers, Employees and Organization, IT Company.
Abstract
Employee attrition is one of the key concerns in today’s Organizational structure inspite of many changes which are existing in the external environment. Attrition is an inevitable part of any business. Employee attrition is said to be a natural process where there is a moderate depletion in the number of employees through retirement, resignation for personal reasons and death. Thus they are not immediately replaced. Few forms of attrition are not avoidable, like is an employee is retiring or is moving to some other city. But after a certain threshold, attrition can make a big dent in an organization. When an employee is well trained and well adapted leaves the organization for some reason, it creates an empty space in an organization (there is a vacuum in the organization). This space is a great difficulty for Human resources personnel to fill in the gap that has occurred.
There are various steps which are taken to reduce the employee attrition rate and this has now become a pivotal challenge for today’s Manager. It is been observed that there are many undisclosed reasons for employees to leave a job like lack of career advancement, change in new opportunities, anticipating higher pay or any other personal reasons. This study helps in knowing the attrition rate among IT employees working in Hyderabad.
Article Details
Unique Paper ID: 153809
Publication Volume & Issue: Volume 8, Issue 8
Page(s): 69 - 75
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