ATTRITION MANAGEMENT

PRESENTED BY Mubin Banu.A Narmadha.R

S YNOPSIS

Introduction Attrition- Meaning Causes & reasons of Attrition Effect on Organization Measure to overcome

Sector having highest Attrition rate

Conclusion

INTRODUCTION
ATTRITION:

Our Asset walk out of the door each evening we have to make sure that they come back next morning

-Mr.Narayana Murthy

Chief Mentor
Infosys

ATTRITION
A reduction in the number of employees through retirement, resignation or death

C AUSES

OF ATTRITION

R EASONS

Lack of Job satisfaction

Stress full work environment Conflict with superiors

Monetary factors
Lack of appreciation Lack of support Work life imbalance

E FFECT ON ORGANIZATION

Loss of productivity Replacing qualified employees Poor retention creates a revolving door culture within the organization lowering morale Recruiting cost Time spent on orientation

M EASURES

TO OVERCOME

Growth opportunities Deadlines with incentives Right men for right job Transparency in communication Skills development

Work life balance

S ECTOR HAVING HIGHEST

ATTRITION RATE

IT SECTOR

B ANKING AND FINANCIAL

SECTOR

CONCLUSION

HR managers need to take some additional roles and responsibilities to understand the employees expectations, they should make deeper focus on

employees aims and aspirations and need to allocate jobs on that basis

THANK YOU