“Shocking Human Resource Strategy: High Attrition Rate”

Vol-2 | Issue-3 | March-2015 | Published Online: 05 March 2015    PDF ( 342 KB )
Author(s)
Mr. Vimal P. Jagad 1; Dr. Pankaj K. Trivedi 2

1Ph.D. Scholar, Saurashtra University, Rajkot, Gujarat (India)

2Assistant Professor K. K. Parekh Commerce College, Amreli, Gujarat (India)

Abstract

Every organization may have own strategies to sustain for longer run in the market such as marketing strategy,
finance strategy, HR Strategy etc. Some organizations are on the top because they value their employees and know how to keep
them glad to the organization. But, high attrition rate is the hottest topic in the today’s context. It can’t be stopped without
personal involvement of employer to satisfy employee’s personal and professional needs. This paper studies sector and industry
wise trends of attrition rate in India and Asia and it will be helpful to design present retention strategy and to minimize present
employee turnover for the HR manager and employers by maintaining the skilled and talented manpower in the organization.

Keywords
Concept of Attrition, Present attrition rate in global scenario, different levels and sectors of employees, accession and separation rate in India.
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