There is more demand and less supply so people are getting what they want. One sure way to prevent this is to provide excellent working condition and make the organization a people centric place.
PDC-Product Development Companies (Most of the IT people in IT services would like to move PDC as the kind of work would be challenging & exciting) some companies & their domain are exciting.
Quality of the work Some companies are offering its employees the high end quality work.
Most employees don’t leave but quit because they did not like their job, they quit because they did not like their boss.
Guys following are the steps to reduce Attrition:
1) Focus on Exit-interviews
Employers should not ask, "why are you leaving?", rather they should ask, "when you start searching for a job?
Getting an insight and inside scoop can really help. It gives information about internal problems, employee's perceptions of the organization, underlying workplace issues and colleagues.
2) Let employees know that their opinions are valuable. Ask them to open up. Listen to employees ideas; never ridicule them.
3) Compliment and Thank you employees for their valuable contribution. Recognize and celebrate their success.
4) Setting up a feedback mechanisms to maintain consistency in performance and high motivation levels. Offer performance feedback and praise good efforts and results. Criticize but Praise publicly.
5) Give them job security.
6) Providing opportunities of learning by constantly upgrading the skills of employees.
7) Paying attention to employees personal needs and participation.
8) Gauging the needs of the employees through open communication and polls.
9) Communicate goals, roles and responsibilities so that people know what is expected from them and feel a part of crowd.
10) Keep employees inform about the happening in the company so that they will be confident about the future or not to look for better opinion.
11) Encourage humor & laughter in workplace to deal with stress which will ensure that the employees are happy which gets reflected in their services especially critical in voice based transaction.
12) Feeling valued by their managers or superior in the workplace is a key to high employee motivation and morale.
13) Not hiring employees who have a history of jumping from one job to other. Recognizing the contributions of achievers would also inspire others to try hard and put in their best.
14) Group cohesiveness also helps in copping with the attrition. Built teams and generate competition between them.
15) The attrition battle could be won by focusing on retention, making work a fun place, ongoing learning and treating applicants and employees in the same way as subordinate.
16) Infusing creativity in the ‘routine’ job and communicate the firm’s larger objectives and goals to each employee to achieve that objective.
17) It has been observed that attrition rate was lower when employees perceived their workplace as a ‘fun environment’ and viewed their jobs as enjoyable.
18) Monotony and stress have contributed to increased attrition rate. So keep changing the duties or position of employees after fixes period.
19) Induction program and Exit interview are very important.
20) Identify the key employees of the firm or categorize the employee according to need of the firm. It will help you to customize your retention program.
21) Your staff members must feel rewarded, recognizes and appreciated. Monetary rewards, bonuses and gifts make the thank you even more appreciated. Understandable raises tied to accomplishments and achievements help to retain staff. Offer an attractive, competitive, benefits package.
22) Select the right people in the first place through behaviour-based testing and competency screening.
23) Demonstrate respect for employees at all times. Treat the employees well & provide a dignity of job.
24) If a key employee resigns, it should be taken up on a priority basis and kept confidential as far as possible and the senior management should meet the employee to discuss his reason for leaving and evaluate if his issues bear merit and whether they can be resolved.
25) People want to enjoy their work. Make work fun. Engage, employ the specials talents of each individual.
So if we want to try to reduce attrition we can take the points mention above for the same and can do best from our end to reduce attrition rate in IT-Sector. Do We...????
Related Links :
01. Attrition Rate : A serious term in IT sector
Articles to Read :
01. INDIANS=>Don't Buy P-E-T-R-O-L
02. Beware of MOUSE (MOUSE ARM !!!)
03. Surface Computer : Microsoft
04. The Road is Never Long Between Friends !!!
05. Principle of Life !!! By Stephen Covey
06. FLY PEN TOP COMPUTER by LEAP FROG
07. The KPO Industry : New Horizen (Part-I)
08. The KPO Industry : KPO & BPO (Part-II)
09. The KPO Industry : Why GLOBAL concentrated to INDIA? (Part-III)
10. What next ? After the Death of One Love Bird.....
11. Amazing Photos From the Russian Website....
12. The Heaven on the Land....
13. Gorgeous photos of the Nature !!!
14. Awesome Pictures !!!
15. Magical Moving Images
16. 3 Words !!!
17. INDIA : The DARK Side !!!
18. Lightning burst captured in photo !!!
19. ...they take 9 months to download
20. Safe in Daddy's Arms !!!
21. Burning Rainbow !!!
22. Volcano oozes lava into the ocean !!!
23. The TULIP's World !!!
24. The Women World !!!
25. Play like a TOY !!!
26. Singapore Threatened by Poision Spider
27. Innocent Kids : Feel Your Childhood !!!
28. I meet SWAMI at our Factory !!!
29. Two Moons on 27th August !!!
30. Awesome Paper Art
31. Mother Power !!
32. Late Hour Working
33. If you plant honesty, it will determine what you will reap later!!
34. Plushy Airports of UK
35. Friendship : From My Mental Vision
36. Selective Listeneing
37. Online Big Bazar of Promotional Products
38. A Live Interview between YOU & INDIAN GOVERNMENT
39. My dear Sweethearts, What is Love?
40. Sir Sachin Tendulkar : Any thing missed here?
41. A Market of Holesale Shirts
42. A Love Story : Not to Forget
43. HP : The New Era of Inkjet Cartridges and Printers
44. Nature : A Natural Friend
45. Choose Your Frame at ZenniOptical.com
46. Mother Of Nation : Mother Teresa
47. Save your car with carinsurancerates.com
48. Arab Belly Dance : The Modern Era of New Dance
49. Keep Close Your Emotions in MailBoxes
50. The World's Most Expensive Vodka : Diva Vodka
51. Europe's Online Ticket Exchange Hub
52. Improve Your Life with Yoga and Meditation
53. Belief in yourself and your abilities
54. Countdown begins : Grab your Tickets Now
55. Health Mistakes We Did Regularly
56. The World of (E)mpire - A Online Shopping Mall
57. Abortion : The Dark Moment of Womanhood
58. Heena : The Mehendi World
59. Create Meaningful Pictures with Water Drops Art
60. Communication Skill : An Accomplishment of Life
61. Budget 2008-2009 : Highlights
62. Music Is Life : Create an email account for preserving songs
63. Smile : The key that fits the lock of everybody's heart
64. Innocence : An innocence review ... my way!
65. A review : 7 Secrets of Success
66. Crown : The mirror of your personality
67. Always allows the Boss to Speak First!
68. Body Art : An art to invoke emotions!
69. How you think about your Dining Room?
70. India : The creation of beautiful classical paintings
71. Mother : The Ocean of Love
72. School In A Cave : I just missed it
73. Birthday and Cake : A Delicious Treat and Emotions of Everyone
74. Photography : An art from the core of the heart
75. Classic Definitions & Cool Meanings
76. A Small Touching Story : Mainly for Professionals
77. Is it your dream bike? - You just dream about Dream Girl
78. 21 tips on take and give philosophy : worth for our lives
79. The Problem, could be very much within us
80. Memorable Gudhi Padwa : Received a greeting through the mail
81. Gather all resources before working on any project
82. India : Truth alone Triumphs - 1
83. India : Truth alone Triumphs - 2
84. India : Truth alone Triumphs - 3 (India Trade)
85. India : Truth alone Triumphs - 4 (Self Reliance)
86. Tata Nano wants the supplier for its 1 Lac Rs. Car. Anybody interested?
87. Honey, where would I have been without you?
88. India : Truth alone Triumphs - 5 (Pharmaceuticals)
89. India : Truth Alone Triumph - 6 (Foreign Multi-National Companies)
90. India Truth Alone Triumph - 7 (BPO)
91. Learn the rules so you know how to break them properly
92. When you leave office today, Put the Glass Down
93. Poison that kill your dreams
94. Life is all about choices : You have Two Choices!
95. A Presence of mind!
96. Your Health is My Concern (Juice) - 1
97. Funny things just enjoy!
98. Let us choose the way to live : Warren Buffet
100. There are 4 things that you cannot recover
101. The Most Important Book – The Book of your life
102. Things that can be done with your cellphone
103. Cholesterol - A silent killer : The truth about your heart - 1
104. Cholesterol - A silent killer : The truth about your heart : Cholesterol and Heart Disease - 2
105. Cholesterol - A silent killer : The truth about your heart : Symptoms, Healthy Levels and Triglycerides of high blood cholesterol - 3
106. Cholesterol - A silent killer : The truth about your heart : Types of dietary fats in the food - 4
107. Cholesterol : A Silent Killer : A good cooking oil, Right Foods and Regular excersie - 5
108. Cholesterol : A Silent Killer : Stop overweight and smoking habits - 6
109. Request to all Sons and daughters on the eve of Father's Day
110. Top 22 things an Indian does after returning to India from "US"
111. Check your computers for DNS vulnerability
112. It is Google's Second Life
113. Voguish contact lens to monitor diseases
114. Water on the Moon
115. Guys, Just try Smiling
116. A Bridge of Love : Just get an essence of the story
117. A Difficult Judgement
118. Warning : I am almost at the end of my rope... and yours
119. Telephone Etiquettes : Make smile on your face
120. Prayer to Parmeshwara (God) : Please bless my computer
121. Mom and Dad, Please don't kill me! I am your unborn kid
122. Keep the Spark Alive : By Chetan Bhagat - 1
123. Only One Eye : It's mother's love to all you guys!
124. Attrition Rate : A serious term in IT sector
