• EMPLOYEE ATTRITION BEHAVIOR-CAUSES AND CONSEQUENSES

Abstract

Attrition is one of the major problems faced by HR professionals across the world. It is the most burning issue for HR department, high attrition rates lead to many issues in the boundary of HR people like losing the talents and knowledge, cost related to training & administration, recruitment etc. This is because today businesses are more dependent upon their human assets to survive and thrive. All this has a significant impact on the strength of a company in managing their business in a competitive environment. The employee turnover springs up as a vital issue in IT businesses and causes huge financial loss to the industry. The objective is to find the behavior of IT professionals towards their jab in Hyderabad city and what causes to the employee attrition behavior. The Level of job satisfaction, career growth, salary, working conditions, job related stress and personal problems and its reasons for employee attrition. The paper consists of four sections i.e. introduction, review of literature; research methodology; results & discussion and conclusion.