High attrition likely this year on upbeat job market, economy: Wisdom jobs Survey

Posted on 31st Mar 2015 | 1003 views

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India Inc is likely to witness attrition rates of up to 25 per cent in 2015, thanks to an upbeat job market and improved economy.

High attrition likely this year on upbeat job market, economy

Fresher-level attrition is expected to be around 12-14 per cent while at senior-level it will be in the range of 8-10 per cent, according to a survey by job portal Wisdom Jobs. "The survey reinforces the gut-feel in the recruitment industry that 2015 will see huge employee turnover in most sectors. This churn can primarily be attributed to primarily be attributed to job seeker optimism arising from a stable economy leading to a spurt in opportunities," said Wisdomjobs.com Founder and CEO Ajay Kolla.

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