Refine your search
Collections
Co-Authors
Journals
Year
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Rane, D. B.
- Alarming Attrition Trend in India: A Cause of Concern
Abstract Views :355 |
PDF Views:161
Authors
Affiliations
1 Dr. D. Y. Patil Institute of Management & Research, Pune-411 018, IN
1 Dr. D. Y. Patil Institute of Management & Research, Pune-411 018, IN
Source
Indira Management Review, Vol 9, No 2 (2015), Pagination: 42-51Abstract
Attrition refers to the reduction in number of employees of the organization due to various modes of separation; more particularly due to employees leaving the organization at their own due to various reasons in spite of the fact that management needs their services.It is reported that India could be No.1 in the world on attrition chart, one in four to switch jobs. This is a very serious matter because attrition reduces productivity and staff through a constant hammering of poor treatment or unfavourable working conditions.It can also involve reduction of employees through retirement or the elimination of a position. Attrition's most distinguishing characteristics is that when an employee leaves, no effort is made to replace him. Hence attrition is a major problem that needs to be examined and addressed before it harms the organization's bottom line and productivity. It is imperative for HR managers to know the aspects that prompt employees to quit an organization. Attempts are being made by them to adopt many retention strategies to arrest attrition. This paper describes the insights relating to attrition such as reasons for attrition, impact of attrition, suitable measures for lowering and controlling of attrition to keep business growing further more particularly in India.Keywords
Attrition, Retention, Talent Management, Employee Welfare, Work Culture.References
- Alex Saez :High Attrition Rate Reasons. http://yourbusiness.azcentral.com/high- attrition-rate-reasons-5022.html
- Attrition Rates in Different Sectors in India (2007): http://www.naukrihub.com/retention/attrition
- rates-in-different-sectors.html
- Carolyn Gray: The Impact of Attrition on a Business. http://smallbusiness.chron.com/impact-attrition-business-21348.html
- Darcy Jacobsen (2013): 12-Surefire Tips to Reduce Employee Turnover. http://www.globoforce.com/gfblog/2013/12- surefire-tips-to-reduce-employee-turnover/
- Employee Retention-How to Retain Employees. guides.wsj.com/small-business/hiring-and- managing-employees/how-to-retain- employees/
- India No. 1 in World on Attrition Chart, one in four to switch jobs: http: / /www.business- standard.com/article/economy-policy/india- topsglobal-attrition-chart-one-in-four-to-switch-jobs-113060700466_1.html
- Josh Tolan: How to Reduce Attrition by Making Smarter Hires Up Front.www.customerexperiencereport.com/tactics-and-operations/reduce-attrition-making-smarter-hires-front/
- Narkhedeet. al (2010): Attrition Trends in India: Issues & Implications. http://www.researchgate.net/publication/22809 6228_Attrition_Trends_in_India_IssuesImplications
- RajanDutta(2007): The Difference between Good and Bad Attrition. http://archivepharma.financialexpress.com/2007 1130/pharmalife01.shtml
- ShreyaBiswas (2013): Attrition in India to Top World Charts in 2013; one in four employees to change jobs.
- http://articles.economictimes.indiatimes.com/2013-06-07/news/39815456_1_three-employees-indian-employees-attrition
- Stephanie Mojica. How to Lower Attrition http://smallbusiness.chron.com/lower-attrition- 50169.html
- SylvioaVorhauser (2012): How to Stop Employee Turnover in India http://www.forbes.com/sites/sylviavorhausersmith/2012/07/02/how-to-stop-employee-turnover-in-india/
- Susan M. Heathford Top 10 Reasons Why Employees Quit Their Jobs.http://humanresources.about.com/od/resigning-from-your-job/a/top-10-reasons-employees-quit-their-job.htm
- Tips on Employee Retention. http://www.eeoc.gov/federal/retention.cfm