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1. Himalayan Institute of Management
Project Presentation On
The Gradual Reduction in Work-Force in IT Industry
Presented by:
MBA Final
Year
1

2.  “Gradual Reduction in Work-Force”
means the continuous reduction in the no.
of employees through
Resignation, Retirement or Death.
 It can also be named as ‘Attrition’ or ‘Labor
Turn-Over’
2

3.  Space for entry of new talents
 Evolution of high performance teams
 New Employees try to give their best to
the JOB assigned to them.
Wow
Benefits ....
Then
WHY TO WORRY ABOUT
REDUCTION OF EMPLOYEES..?????
LET NEW PEOPLE COME..!!!
3

4.  Loss of productivity
 High cost of recruitment
 High cost of training
 Wastage of precious time on
training & selection process
 Affects the budget of a company
 Loss in revenue
4

5.  ‘Indian Companies specially IT Industries
( UBG, Infosys, Wipro, other BPO companies )
attrition rate is at 14%, higher than global average
(i.e. 11.20%)‘
 75% organizations face challenges in retaining high
performing talent.
 IT and ITES sectors saw the highest attrition rate of
23% in the first quarter of 2012-13.
Dear Boss …
I QUIT
5

6. The biggest Reason that I found in my project..
1. STRESS
2. DISSATISFACTION/GRIVIANCES due to
JOB, SALARY, REWARDS, HIGH
TARGETS, GROWTH OPPORTUNITY, SECURITY
OF JOB.
3. STRESS DUE TO BAD RELATIONSHIPS
4. STRESS DUE TO WORK ENVIRONMENT
5. Fatigue
? Aaailaaa… STRESS
???
? Stress is everywhere.. then Why
People Leave the Organization ???
6

7. Meaning:A combination of thoughts and worries that have
negative affect on your Responses.
Sources of Stress that results in Employee
Reduction in Organization:1. Organizational Stressor
2. Individual Stressor
Q. What do you think when you are stressed?
Q. What do you feel when you are stressed?
7

8.  Task Demands
( more work in unhealthy condition)
 Role Demands
( role ambiguity, role conflicts etc.)
 Inter-Personal Relationships at work
 Organizational Structure and Climate
 Leadership in Organization
( rude Supervisor )
 Group Pressure
8

10. ATTRITION
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11. RETENTION
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12. 1. STRESS MANAGEMENT PROGRAM must be
run. such as :- Job redesign, Stress reduction
program, Supportive Climate (Grievance
handling), Counseling, Relaxation, Time
management art, Meditation, Role
Management, etc.
2. Regular meetings & program
3. Adequate Salary, Facility, Incentives should be
provided.
4. Exit Interview, Employees should be given due
respect
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13. Presentation Review
1. Meaning of Employee Reduction i.e.
Attrition
2. Benefits & Disadvantages faced by an
Organization due to Attrition
3.Reasons of Attrition…..
( most commonly SALARY & STRESS )
4. STRESS & its Sources
5. Attrition & Retention
6. My Suggestion to solve Attrition Problem
13