The points that I mention here are from what I have seen in the real world corporate dynamics, heard about experiences from friends and few from the learnings and readings from various articles, journals and blogposts. The reasons that I mention below are mostly centered around those who have spent their time and energy in the industry (mostly IT/Tech/Tech Services/Engineering) from a range of one year to say four years after their graduation from an engineering school or a technical institute. Even few of the points apply to those who don a much higher number of years experience hat.
Attrition is a growing concern for almost all the firms across various sectors in different corners of the world but today the pain is felt more in India. This bruise gets highlighted more in an Indian context because as the economy is growing, the engines who are partners in this ride also need to deliver, but because of employee attrition few initiatives are put on the back burner. The HR managers are having a tough time finding a suitable replacement with required experience and ability, to fill up the vacancies created on account of exit of key employees.
Here in my post, I share few of my views as to why employees, especially new joinees leave the firm, a little after the embryonic stage of their job career cycle.
1. Company and personal goals clash
2. Incorrect picture painted in campus placement talks
3. Opportunities available
4. Change in mindset, among individuals and society:
5. Not much liking towards big names as before
6. Higher studies plan
7. Relationship between manager and employee
8. Team one works for
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