• Over 40 per cent of India's workforce will quit their current jobs within the next six months - TimesJobs.Com

• Attrition rate is the biggest threat to corporate security in India because of competing interests Businessline.com

• The cost of hiring a fresh employee is 7 times more than retaining an existing employee.

•On average, attrition costs companies 18 months’ salary for each manager or professional who leave eg. Infosys –

•7,833 leaving in Q1 of 2010 (Ipsos-Reid)) •avg. Pay package of 5.7lk per annum (DQ-IDC Salary Survey) Therefore lost 446cr. in 3 months just because of attrition!

Attrition Rate (%) = (E / T) * 100 E = No. Of employees left in a monthT = Total number of employees in a month

"...For me, the time I spend with my family is paramount, money and recognition are on the backburner after a decade in the industry.."

- Rakhi Mathur, CISCO, Work ex - 11yrs.

The work I do should match my skill set and there should be scope to move to the next level..For ex. if I am an expert in SAP financial model, I should get an opportunity to learn the manufacturing model as well..."

- Amit Prakash , Wipro , Work ex - 9yrs

Bonds – Mainly 2 Years

Empowerment through decentralization

Flexible Timings

Employee Welfare Measures

Performance Based Incentives

Continuous Feedbacks

Open Door Policy Regular Training

Team Building Exercise

• Employee First Customer Second.

• Designing the work culture in such a way that the diverse backgrounds are Dealt with.

•Motivation, Recognition, Exposure

• Quarterly Feedbacks Exit Interview Feedbacks

• Proper balance between Professional and Personal relationship with the employee

• Subsidize Education and Certification

CREDITS

Project Submitted By : Abhimanyu Sahai PGP01003Arun Marik PGP01014

K Sandeep Goud PGP01019Kapil Agrawal PGP01020Ritesh Kumar PGP01032Sourabh Modi PGP01040Swati Choudhari PGP01043

Project Mentored By:Proff. Pushpendra Priyadrshi

Special Thanks TO:Our Friends from Industry

All PGP students who have experience

THANK YOU ALL