Reasons for alarming Attrition Rate
When vast avenues pervade and you have multiple options to chose from, the chances of dodging from one job to another seems obvious. The want to achieve makes you seek new opportunities and this is the major reason for attrition. Attrition is decline in the number of employees and the modes are resignation, retirement, termination or death.
The run after money makes you quit. When you can procure more money at a different venture doing the same kind of job, then why not opt for a change. Monetary as well as career growth is important for every individual. Unless the existing organization fulfills these needs, you are bound to look for better pathways. In some companies the rate of promotion is slow and hence the employee does not feel rewarded and the career growth seems to be on a standstill. Thus the need for resignation.
Excessive amount of pressure at work cannot be exercised by every employee. Forcefully working under someone when you heavily dislike your job mounts to stress. Heavy targets or depreciation adds to stress levels and to avoid the negativity, resignation is drafted.
Long working hours can be another reason for desertion. It becomes difficult to strike a balance between your work and family life. Exorbitant work load also deteriorates ones health and since your health signifies your existence, the decision to quit seems righteous.
Performing the same work day in and day out adds to your boredom and thus you feel the need for diversification. When you start young, you lag behind in education hence many employees quit because they want to evolve in terms of education.
Spaces continue to be vacant due to alarming attrition. If one place empties, another is filled. A new candidate is chosen to fill the space and the ongoing process continues. More you increase the demands; more will be the rate of attrition. This chain seems unbreakable because to satiate a human mind is a difficult task.
"Human Resource- A Magazine For The Discerning Professional
www.humanresource.net.in
|