A COMPREHENSIVE MODEL OF EMPLOYEE TURNOVER TO THE INFORMATION TECHNOLOGY INDUSTRIES IN INDIA

Authors

A. Vijayalakshmi, Research Scholar, Bharathidasan University, Assistant Professor, Valliammal College Women, Chennai.

Dr. M. Selvachandra (Associate Professor), A.D.M. College for Women (A), Nagapattinam.

Abstract

Attrition (turnover) is a reduction in the number of employees in a company made by not replacing those who leave, rather than forcing people to leave their jobs. High attrition or employee turnover has a massive impact on the functioning of an organization, mainly in information technology (IT)industry manpower is considered to be a major asset and these assets could away very quickly as the challengers are yearning to grab these IT talents.Several mechanisms have been followed to control the high turnover, but the trend continues to go up. Most of the studies focus on examining specific areas of attrition as the existing conceptual frameworks are supporting to understand only partial issues, and a comprehensive framework is still missing from the literature. This paper aims to critically examine the various models of turnover and develop a comprehensive model that would help to capture the overall issues related to attrition of IT employees. Thecomprehensive, integrated model of turnover constitute the process and various factors involved in the decision making of withdrawal.