Are You Losing the Good People? ; the Often Unseen Cost of Attrition, Voluntary and Involuntary, Can Be Staggering for Organisations. Here's Your Primer On Good and Bad Leavers.

Summary

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An attrition study now?

With companies desperate to cut headcount costs in any case? Right. Attrition cuts both ways, even in a downturn. While downturns can spawn lean and mean organisations, no company would like its best talent to walk away at any time, least of all when they are needed the most. Period.

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Are You Losing the Good People? ; the Often Unseen Cost of Attrition, Voluntary and Involuntary, Can Be Staggering for Organisations. Here's Your Primer On Good and Bad Leavers.

So, while forced attrition was out of the purview of our survey sample, it has been added as part of the research when the jobs environment changed. Here's a primer that tells you why employees leave. Because, there's no greater time to stand up and ask: 'Are we losing the wrong people?'

The India Attrition Study 2008, done between October 2008 and March 2009, is a partnership between BT and PeopleStrong to figure out why employees quit. In the good times before September-October 2008, attrition in India Inc. was as high as 20 per cent (and up to 40 per cent in the booming services sector). Now, with the economy in a recession, BTPeopleStrong Research says, India Inc. is not only losing fair bit of top performers but ple...

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