Can we combat attrition

When we wander in the humongous land of Google, we come across numerous definitions and meanings of the word attrition. Amusingly it is extensively used in the fields of warfare, medicine, geology, language etc. The one apt to our context is that the attrition is the measure of number of employees moving out of an organization during a specific period of time. A classic example would be the case of Wipro, one of the top IT companies in India. In 2014 Wipro witnessed an attrition level of 17% and employees with 5-6 years of work experience...

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CROSSWORD ON ATTRITION

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Don’t worry, we’ll be fine...

Employers must put contingency plans in place to minimize disruptions if top-level managers leave. Knowing why a senior executive has resigned can help employers prevent or prepare for similar exits in future.  This article looks at five more: ·         Poor communication Clear and consistent communication between the senior management team ensures senior executives are fully involved within a business. Without this, they are likely to feel excluded, undervalued and lack the...

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Best workplaces are 'female-friendly'

Just what makes a workplace great? The answer is more elusive than you might think, given that more people are versed in the dysfunctional work environment than in the truly exceptional workplace. Fortunately, the research consultancy that produces Fortune Magazine's 100 Best Companies to Work For rankings - the Great Place to Work Institute - knows a thing or two about what builds trust and engagement among workers. What stands out on this year's list, published last week - software provider SAS took top place - is that many of the firms...

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