EMPLOYEE ATTRITION IN INDIA

Abstract

The robust economic consolidation of India (touching about 8.5 percent rate of growth) has taken India to a position where there are numerous opportunities of expansion. This economic growth is also accompanied with growing employee aspirations, high turnover rates, shortage of skilled workers, scarcity of experts etc. Retention of key employees and treating attrition troubles has become a prime concern for companies as it is critical to the long-term health and success of any organization. Failing to retain a key employee is a costly proposition for any organization.