The most feared word among HR folk in the indian IT industry - "attrition". The industry seems to have accepted the fact that attrition cannot be arrested - so-live with it. "keeping the pipeline on" is the trend today. But hey, take a closer look at reasons for attrition, isnt there some reasons which are artificially created??
Compensation, job satisfaction, work culture...blah..blah...blah. But wait, didnt we miss something.....the rising number of third parties making money out of the organisations dismay and any employees unending wants-yes of course media and consultants do enter this forray but somewhere hidden but probably without much limelight are the human resource database companies....take for example one of such companies which has recently forrayed into this business. The punch line says it all "because you are worth more" and this more has no ceiling.
Recent trends also indicate how these forces can add on to the attrition levels, portals dont do anything by themselves, but those behind them do....things dont stop with just portals, joining the bandwagon are jobfairs, where its not compnies shopping for people, but people walking into employer of their liking...good or bad, its anyways time for HR folks and Nasscom to think how to tackle one more additional cause of attrition.
Sunday, April 8, 2007
Job portals adding on to attrition???
Posted by Mahesh Narayanan at 7:36 AM
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