MUMBAI: The attrition level across sectors is likely to go up to 20 per cent in 2015, as a lot of jobs will be available following improving economic conditions, according to industry experts.
"With market being upbeat and lots of jobs being available, there will an increase in the overall attrition percentage. We expect the attrition to be in the range of 15-20 per cent across sectors," PeopleStrong HR Services Co-Founder and CEO Pankaj Bansal told PTI.
Sectors like ITeS, software and IT would lead the way primarily because of high entry level attrition, he added.
Echoing the view, executive search firm GlobalHunt's Managing Director Sunil Goel said that international economic recovery and market stability will attract large pool of start-ups in the market and the talent pools will move from the existing industry specific organisation.
"The attrition that was almost static at leadership level will see some movement and also increase at mid and lateral level. Attrition will grow to 15-20 per cent and especially in sectors like IT, ITeS it can go up to 20-25 per cent," he added. However, industries like pharmaceuticals, FMCG, aviation, agriculture will have lesser attrition, he said.
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