EMPLOYEE ATTRITION IN IT INDUSTRY – AN EXPERIENTIAL STUDY
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Abstract
Improving the level of happiness among female IT professionals is urgently required since IT firms represent the backbone of our economy, bringing much-needed foreign income into our nation. Therefore, the researcher endeavors to ascertain the organizational elements impacting the turnover of female employees at Technopark. Taken into account are the perspectives of scholars, companies, practical managers, and women themselves with regard to the topic of female employee turnover. The reasons for women leaving the Indian IT sector are investigated in this research. A number of Technopark IT enterprises have their data gathered and examined. Of India's total employed population of 3.1 million, NASSCOM reports that one million are women working in the information technology industry. On the other hand, women are only now making an impact in the IT industry, and they may have a tougher time accumulating tenure owing to family responsibilities. An employee's wage is strongly influenced by the amount of time they've spent with a firm. It's not easy for women to go back into the workforce, and when they do, they often get lower wages than males. Women have less leverage in wage negotiations when they have a longer employment history with fewer breaks. The research itself was based on data collected from 523 workers at Technopark, Thiruvananthapuram. In order to get information from the participants, the researcher used a suitable sampling technique. In order to gather these data, a structured questionnaire was used. The conclusions were reached based on their replies. This research examined the attrition rate of female employees at Technopark using a variety of statistical methods, including percentage analysis, average score analysis, correlation, cluster analysis, factor analysis, Friedman test, discriminant analysis, and Kruskal-Wallis test.