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WHAT IS ATTRITION?
Defining attrition: "A reduction in the number of employees through retirement, resignation or death Defining Attrition rate: "The rate of shrinkage in size or number"
REVIEW OF LITERATURE
IT enabled services (BPO) industry is being looked upon as the next big employment generator. In India, the average attrition rate in the BPO sector is approximately 30-35 percent. The reason for the high attrition rate Work Pressure Females in the workforce Turning down challenges Mostly fresh graduates, take it as a pass-time job
ATTRITION RATES
A ttritio ra s n te
Gbl lo a A ra e 2 % ve g , 5 UA 3% S, 2
I d ,1 % n ia 0
E ro e 1 % u p, 4
A stra , 1 % u lia 9
RESEARCH METHODLOGY
Primary source includes
Interviews Questionnaire
AND ANALYSIS
Self Actualisation Needs
. . Esteem needs Esteem needs
Types of Attrition
ATTRITION
VOLUNTARY
INVOLUNTARY
Others, 10%
Satisfaction, 35%
The exit interviews were conducted as and when required by the company.