![]() Financial Daily from THE HINDU group of publications Monday, Mar 28, 2005 |
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Outsourcing Info-Tech - Human Resources What employees expect N. S. Vageesh
A RECENT study by Hill and Associates, security and risk management consultants, on the attrition rate in the BPO sector, threw up some interesting insight.The study was conducted on targeted respondents that included the young population employed in the outsourcing business and with undergraduate, graduate and post-graduate education and who had changed their job at least once in the past three years.
Key findings
Not for `quick money', a `luxurious lifestyle' at a young age and a `career' that requires no particular educational background.
Not night shifts, monotony of work and lack of salary hikes. Where the HR department took steps to deter exits such as giving salary hikes, promotions, shift changes and other incentives, it did not succeed completely.
Yet, a sizeable section among them turned to their families for support if they felt the need to quit their jobs. This cushion provided by the social support system often drove the respondents to quit their jobs at the first hint of any inconvenience on the job.
It concludes that there is need for a higher degree of due diligence at the hiring stage. At the hiring stage itself, companies need to make the prospective employee aware of what the job exactly entails and make an assessment of the potential response of the candidate in such job settings.
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