DEPARTMENT-SPECIFIC ATTRITION RATE OF EMPLOYEES

Abstract

Reduction in the number of employees in an organization is referred to as employee attrition. Employee attrition has become a recognized problem for the IT sector over the past 20 years. Workers depart from the company for a variety of reasons. Among the causes include the need for high pay, changes in technology or roles, obstacles in the workplace, etc. High attrition increases the cost of several firm characteristics and functions. The primary cause of this attrition may be a mismatch between employee expectations of the company and those of one another. This study sought to identify both the expectations of employees from the company as well as the reasons for attrition. Non-probability sampling and the quota technique of sampling were used to collect information from the manager of human resources as well as the various divisions inside the organization. Managers and employees shared similar opinions and perspectives on the "professional goals", despite the fact that the data was limited to a small number of IT company employees from Hyderabad. The study arrived at certain conclusions that professional development and organizational problems are the main causes of attrition in IT firms besides economic aspects.