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October 2013
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Definition
Attrition Trends Hiring Trends (Available in Full Report) Conclusion (Available in Full Report)
Definition
3 Cities
Voluntary and Involuntary Definitions: Voluntary Attrition: Employee turnover on his or her own accord in order to pursue other opportunities or for personal reasons. Involuntary Attrition: Employee termination for poor job performance, absenteeism or violation of workplace policies. This is also known as forced attrition.
4
Attrition Trends
Bangalore closely followed by SF Bay Area has the highest attrition among the 2 cities
Attrition Rates: Bangalore, SF Bay Area (July 2012 June 2013)
16%
14%
14%
12%
12% Attrition Rate (%) 10%
10%
8% 6% 4% 2% 0%
9%
Bangalore
SF Bay Area
Source: Interview with product company HR leaders, BLS, Talent Neuron profile sample analysis
Attrition Trends
4% 4%
10.0%
8.0%
Bangalore
SF Bay Area
Voluntary Attrition
In-Voluntary Attrition
Source: Interview with product company HR leaders, BLS, Talent Neuron profile sample analysis
Attrition Trends
SF Bay Area
Startups: Developers in the Bay Area work in large teams where their jobs are not challenging and often unsatisfactory on a personal level. Hence many developers chose to move to start-ups to add more value to their jobs. Compensation Disparity: In the Bay Area, companies like Google, Facebook and other high growth start-ups (Dropbox, Box) often hire talent at inflated salaries. Thus employees often find moving to a new company financially more beneficial than internal growth.
Bangalore
Lack of Ownership: In Bangalore, the software developers seldom work on product ownership model. Demand Supply Gap: Large MNC companies are hiring for key positions and are focused on targeted hiring. This creates demand for good technical talent. A good technical talent in Bangalore will have multiple offers Start-ups:
Start-up ecosystem in India is improving. Key leaders across technology and management are now joining start-ups for equity and higher compensation (Also ownership)
Source: Interviews with HR experts, Literature search on retention measures, Talent Neuron expert comments
Attrition Trends
Attrition for Storage systems job family is slightly higher than the industry average
Platform
Software Protocols Bay Area Storage Systems Hardware Skills Software Protocols
2-4 Years
4-7 Years
7-10 Years
10+ Years
Bangalore
Storage Systems
Hardware Skills
Indicates that Attrition is higher than the industry average Indicates that the attrition is the same as the industry average Indicates that attrition is less than the industry average Source: Interviews with HR experts, Literature search on Attrition calculation methodologies prevalent in the industry, Talent Neuron expert comments
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