• Over 40 per cent of India's workforce will quit their current jobs within the next

six months - TimesJobs.Com

• Attrition rate is the biggest threat to corporate security in India because of
competing interests Businessline.com

•On average, attrition costs companies 18 months’ salary for each manager or
professional who leave eg. Infosys –
•7,833 leaving in Q1 of 2010 (Ipsos-Reid))
•avg. Pay package of 5.7lk per annum (DQ-IDC Salary Survey)
Therefore lost 446cr. in 3 months just because of attrition!

• The cost of hiring a fresh employee is 7 times more than retaining an existing
employee.
Attrition Rate (%) = (E / T) * 100 E = No. Of employees left in a month
T = Total number of employees in a month
"...For me, the time I spend with my family is paramount, money and
recognition are on the backburner after a decade in the industry.."
- Rakhi Mathur, CISCO, Work ex - 11yrs.

The work I do should match my skill set and there should be scope to
move to the next level..For ex. if I am an expert in SAP financial model, I
should get an opportunity to learn the manufacturing model as well..."
- Amit Prakash , Wipro , Work ex - 9yrs
 Bonds – Mainly 2 Years
 Open Door Policy
 Regular Training
 Employee Welfare Measures
 Performance Based Incentives
 Empowerment through decentralization
 Continuous Feedbacks
 Team Building Exercise
 Flexible Timings
• Employee First Customer Second.

• Quarterly Feedbacks Exit Interview Feedbacks

• Designing the work culture in such a way that the diverse backgrounds are
Dealt with.
• Proper balance between Professional and Personal relationship with the
employee
• Subsidize Education and Certification

•Motivation, Recognition, Exposure

 Sourabh Modi PGP01040
Swati Choudhari PGP01043

Project Mentored By:

Proff. Pushpendra Priyadrshi

Special Thanks TO:

Our Friends from Industry
All PGP students who have experience

THANK YOU ALL