Attrition analysis
Summary :
Table of Contents
- Executive summary
- Introduction
- Aims and objectives
- Methodology and plan
- Analysis
- Overview of the organization
- History of the organization
- Special features
- ASM performance management
- Project overview
- Recommendations
- Conclusion
- Bibliography
- Appendix 1 and 2
Abstract
The study will analyze different aspects of attrition and managing attrition in different situations. Knowledge and people form the key factors for any company in the IT industry. The success of any IT company depends on how effectively it manages knowledge and its people. Retaining knowledge and people becomes very important. Being a people intensive industry, employee retention and thereby the retention of knowledge directly influence the performance of the company. Information Technology Industry is a support industry and performance of the IT industry will thereby be a reflection of the current economic environment. when the industry is doing well, the growth of any IT company will be seen in the growing numbers. Also continued business from customers can be ensured only with the retention of key personnel. when the industry is facing challenges, it becomes all the more important to retain policy and retention management approach can be different situations. The study will look into the attrition policy of the organization and evaluate this using the data, collected and come up with suggestions to fine-tune the policy in different economic environments. Research: This would be constituted by Primary and secondary data. In IT industry where companies are competing freely for talent, hiring in hurry can be a big mistake. some most talented are often also the most prone to climbing by shifting from one company to another. Research and detailed study would be done amongst the HR team to know the recruitment polices followed by the firm. Polices "to hire stayers rather than stars"
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