Attrition costs companies 18 months' salary for each manager or professional who leaves, and 6 months' pay for each hourly employee who leaves.

Attrition has surged by more than 25% over the past five years, and unemployment and joblessness rates remain quite low.

Employee attrition could eat upto 40% of an organization's profits.

According to experts, the cost of attrition is 1.5 times the annual salary.

A research study conducted by AssessPeople(formerly Careersindia ) across various regions in India pointed that Lack of Induction, Training, Supportive Work environment and professional management are the primary causes for attrition.

While most people tell HR they are leaving for more money or a better opportunity, 88% change jobs because of negative factors in their current workplace, ranging from sub par people management to toxic culture.