A Study on Employee -Attrition in it Industry

A Study on Employee -Attrition in it Industry

Author Name : Mothukupally Ashwini

ABSTRACT

Employee attrition is referred as reduction in number of employees in an organization. For IT industry, employee attrition has become a known challenge since last 2 decades. Employees leave the organization for various reasons. A few reasons are demand of high salary, change in technology or role, professional challenge etc. High attrition leads to expense over multiple attributes and functions in the company. Recruitment, Training and Development costs increases overall cost on the employees. This study aimed to analyse the attrition reasons as well as understand the expectation of employees from the organization. The research used the data that was collected from experienced IT professionals in different categories based on their experience level and position in the organization hierarchy. Research questions covered the inputs on employee expectations and major attrition reasons. Although the data was limited to a few IT company employees from Hyderabad, Managers and candidates share similar views and perspectives on ‘professional aspirations’ aspect to be a major reason of attrition. Keywords: IT Industry, Attrition, Recruitment, Retention