A new dimension of knowledge on the factors of attrition in it unlisted consulting firms in Chennai

The asset of an organisation is the employees. Whatever and how many ever machines and technology uproots in the world, employee/manpower play a vital role in the growth of the organisation. There is no replacement for human resource. As all resource have pros and cons manpower also has pros and cons. The benefits are many but the problem is only on called Attrition. Attrition means the employees terminates their employer due to any variable reasons. The study of their rate is called as Attrition rate. The reasons for attrition can bemany. This study is based on IT consulting firms like manpower outsourcing, consultants, body shop etc. The research is to find and analyse the top reasons for attrition in growing firms of manpower consulting in Chennai only. The findings will be analysed thoroughly and few user friendly solutions will be provided. The Chennai city is selected for study because, once known as the Detroit of India because of its automobile industry, Chennai is getting much of its current economic growth from the information technology sector. Chennai has a highly literate population and the availability of skilled technical talent at a reasonable price-point, over time, has attracted many multinational companies to set up their operations in the city. The more interesting story, however, is the rise of entrepreneurship in Chennai, a relatively new phenomenon (Newstex Entrepreneurship Blogs Chatham: Newstex. (Jan 8, 2013). This study is to understand the reasons for attrition in dimension of Management and the infrastructure.