How you control attrition and shrinkage

Question

Accepted Answer

Attrition and shrinkage can be controlled through effective communication, employee engagement, and regular training.

Regularly communicate with employees to understand their concerns and address them promptly
Create a positive work environment that fosters employee engagement and loyalty
Provide regular training and development opportunities to help employees grow and feel valued
Implement effective performance management systems to identify and address issues before they become major problems
Offer competitive compensation and benefits packages to attract and retain top talent
Use data analytics to identify trends and patterns in attrition and shrinkage, and take proactive measures to address them

Accepted Answer

Control shrinkage - proper team connectivity helps in controlling planned and unplanned leaves, preplanned leaves and proper rostering, maximum utilisation of rostered people to meet delivery. Attrition - prompting growth opportunities in a timely manner, motivating team members towards work and grooming them for next level with additional responsibilities.

How you control attrition and shrinkage

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