In recognizing awards (monetary /non-monetary), the survey clearly defined that career paths and succession plans as well as development programmes for high potential and top performers were identified as main reasons that helped curb attrition. In fact the highest attrition rates were recorded in the ITeS industry with (16.4 percent), Media (15.6 percent), Hi-tech (14.2 percent) and BFSI (14 percent) respectively.

When it comes to logistics the sector had the lowest average attrition level at 10.5 percent followed by auto sector at 10.6 percent. Employees who are identified as top performers are the most likely to get an average raise of 16.2 percent while individuals holding the key position roles in the organization that have a maximum impact on the business—are expected to get an average increment of 14.7 percent respectively.

According to Deloitte, career management, developing potential leaders as well as retaining and rewarding critical talent are the top three HR challenges faced by organizations across sectors.

However, the survey also exclaimed that to address these forthcoming challenges organizations are maximizing their rewards spend by identifying, segmenting and rewarding individuals who have maximum impact on the business and are focusing on hiring talented individuals, among others.
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