Best Ways To Control Employee Attrition The Problem & The Solution

Employee attrition is one of the key business problems every leader worries about.

High attrition means wasted time, money, and missed opportunities.

Left unchecked the early warning signs of increasingly higher attrition rates, can push the impact past the point of being fixable for an organisation.

Attrition is a lag indicator of a systemic problem.

This means that if we only monitor attrition rates, we are dramatically reducing our ability to respond to and fix the problem.

As leaders, we need to start monitoring lead indicators that give us the room to respond early, effectively and efficiently.

Money is no longer the prime motivator for most employees.

It's apt to state that our work life has drastically changed ever since the pandemic hit us.

Not only the method and delivery of work has changed but our perception of success, work-life, and career as a whole is now, very different from ever before.

Isn't it?

Initially, we use to move jobs for better pay checks, designations, or to be a part of large organisations.

Most of us were living in complete unawareness of a few ‘hygiene factors’ like personal wellbeing, work-life balance or employee welfare.

Thanks to the pandemic though, we've had the time to reflect, introspect and realise that the primary reason we strive for our careers is so we can live a truly ""Fulfilled Life"".

And the impact of this much needed wakeup call was so huge that the after effects of it are being seen in the form of a great reset.

We are reeling through this era of ‘The Great Resignation’.

And this is a wake up call for each and every leader to evaluate their organisational culture.
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#DeeptiPathak #shorts #Leadership #LeadershipDevelopment #India #Coaching #ExecutivesandManagement #leadershiplessons #businessleaders #businessleader #corporatetrainer #publicspeaker #mentoring #mindsetmentor #mentorshipmatters #professionaldevelopment #greatresignation
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[dr.p.kpathak]

Great video. High attrition rates in a company indicates some unexplored issues with leadership.

[prasadpandey]

I am shocked how can you get such lower audience reach. You are fantastic in your job and you must be getting wider audience and gain more popularity!
I hope, in reality you are getting lots of jobs irrespective of your youtube viewership!

Good Luck!

[abhinavkad]

This is applicable for attrition of some senior posts in organisation.

Generally attrition in companies like HCl and Infosys occur at fresher level posts due to great opportunities available outside and wavering mind of freshers so that's only fixable by change in organisation policy of retaining employees

So on how a leader engage with employee don't count much in attrition rate

[Rahulsenapati]

Cute smile and beautiful video ma'am