Authors : Ashima Joseph and Anand Muley
Page Nos : 1-8
Description :
Infant attrition means employee departing within a short period of time, is a recent development in the IT industry. Currently, the IT sector is experiencing unanticipated attrition caused either voluntarily or by company policies with various justifications. The researcher took into account few fundamental components which accelerate infant or early attrition such as lack of proper compensation, inadequate opportunities for growth, absence of conducive work environment, lack of rewards and recognition, rigid working hours, stress, job dissatisfaction, problems with supervisors and other personal reasons. The author exploredthat infant attrition impacted not only the operation but also have a detrimental influence on its productivity, scalability, competitiveness, profitability,associated costs and reputation.This study provides insight to the causes and attrition rate of top IT companies like Infosys,Wipro, TCS & HCL. It was discovered that attrition is higher among management positions at the entry level or junior level by employees under the age of 30with lower incomes. Remuneration was the main cause of attrition.The quantity of work required and the availability of flexible work schedules were the key variables that influence attrition. It was found that the focus of career growth was intense as IT professionals frequently change employment for better options, usually to advance their careers.This paper presents the findings by a number of authors to determine the causes which have maximum impact on infant attrition in IT.
