Employee attrition in selected industries: ITES, Banking, Insurance and Telecommnication in Delhi & NCR

Abstract

Employee attrition has been seen as across the industries and retaining talented employees has become a challenge for HR managers. This research focsed how selected four industries differe on factors of attrition ..In this research descriptive research design has been used and through non random quota sampling 600 employees from four industries have been interviewd with a structured questionnaire. Thirteen factors came out through factor analysis which is responsible for employee attrition. Telecommunications sector employees feel they are having high job targets and feel unsupportive organization culture.Insurance sector employees feel low perceived value and insecurity for their job, less growth opportunities and have less learning opportunity. IT&ITES sector employees feel they are not provided good compensation and there are high job targets in their job.Banking sector employees there is a role stagnation, stress and office politics in their jobin comparison.