The document discusses attrition in IT companies, defining it as the loss of employees due to various factors and emphasizing its negative impact on productivity and costs. It highlights effective recruitment strategies, employee engagement methods, and retention techniques adopted by companies like Infosys, Wipro, and Satyam, including compensation, organizational culture, and work-life balance initiatives. Additionally, it addresses the importance of nurturing a diverse workforce and leadership development to combat attrition.

1. COMBATING ATTRITION IN IT COMPANIESMADE BY:- SHRAY JALI

2. WHAT IS ATTRITION?Attrition is the reduction in the no. of employees through Retirement, Resignation or Death.BENEFITS Space for entry of new talents

3. Removes bottleneck in the progress of the company

4. Evolution of high performance teamsIMPACT ON COMPANIESLoss of productivity

5. High cost of recruitment

6. High cost of training

7. Wastage of precious time on training & selection process

8. Affects the budget of a company

9. Loss in revenueATTRITION RATES IN IT INDUSTRY

10. FACTORS CONTRIBUTING TO ATTRITION

12. METHODS OF COMBATING ATTRITION

13. RECRUITMENT STRATEGIESINFOSYS TECHNOLOGIES LIMITED (LEARNABILITY)

14. ABILITY TO LEARN

15. ACADEMIC ACHIEVEMENT

16. CONCEPTUAL KNOWLEDGE

17. TEMPERAMENT TO FIT IN THE WORK CULTURE

18. HEWITT ASSOCIATION (BRANDING)