IMPACT OF ATTRITION ON DEVELOPMENT AND PRODUCTIVITY OF MANUFACTURING COMPANIES

HUMAN RESOURCE

The attrition of workers is one of the emerging challenges faced by all organisations. With both organisations, employee turnover is an expensive dilemma. In today's taxing market world, it is crucial for success to handle the professional and qualified human resources of an organisation. Typically, the industry turns to increase executive salaries to attract them. For any team leader who oversees more than one employee in a company, it's a tough job. Often administrators are not taught how to deter persons from leaving the company. In general, employers deem turnover a depletion of productive staff and talent. There's more to attrition, though than a declining population. They take with them the much-needed skills and credentials that they acquired through their time as workers leaving a company. In such a setting, the present study analyses the different determinants of attrition in the manufacturing sector. Besides, the analysis also sought to examine the effects of market growth and productivity attrition.

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