Employee Attrition in IT- Industry: A Study

The world today is experiencing the era of “Big Quit” or the Great Resignation. This trend has clutched India as well, the top IT companies are witnessing mass employee exodus over past few years. The aim of the study is to find the evolution of IT and causes of employee attrition and also minimising the rate of attrition in one of the top most multinational company Infosys at Hyderabad region in India. Employee attrition will have a significant impact on organisations strengths and weaknesses. Organisations also face a difficulty in retaining skilled talented employees and create a vacant position. It has been noticed that there are many reasons for attrition like increasing number of opportunities with high pay, career advancement and other personal reasons. This study examines types of attrition, causes for maximising the attrition rate and suggestions for minimising the attrition rate. Secondary data is used for this study.