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Title: :  A study on The Great Resignation at TCS
PaperId: :  16175
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 8 Issue 2 2022
DUI:    16.0415/IJARIIE-16175
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
RICHA CHETAN CHARWADMIT WORLD PEACE UNIVERSITY
SMITA CHAITANYA PANGARKARMIT WORLD PEACE UNIVERSITY

Abstract

Human Resource Management
Attrition, Downsizing, Retention, Employees, Resignation, Information Technology, TCS, HR
The Great Resignation is a new term that came up last year to capture the rising trend of employees leaving jobs which led to a spike in attrition rate in IT companies. Attrition refers to the downsizing of employees within an organization due to employees’ retirement, resignation, or death. High attrition is one of the critical challenges faced by companies and managing it is becoming increasingly important for HR, as it leads to increased staffing costs, which are one of the largest expenses regularly charged to the company. There might be various reasons for rise in attrition like poor compensation, no challenging job, inadequate training, lack of role clarity, lengthy bench period, offers from competitors, lack of motivation, lack of recognition, lack of growth and career opportunities, unfair treatment, excessive stress due to work pressure, gender discrimination, poor employee relations, improper time schedule, poor working conditions, location, family and personal problems, etc. This study is focused on the rising attrition trend in Tata Consultancy Services (TCS). The study aims to identify the major reasons which resulted in increasing attrition rate and proposes recommendations to control the attrition. It studies the employee retention strategies adopted by TCS due to which it has the lowest attrition rate among its competitors. The study uses qualitative method under descriptive research design and secondary data is collected from secondary sources including research papers, websites, employee reviews, journals, articles and newspapers, etc. Findings of the study suggests that strategies like good salary, positive working environment, employee engagement, work-life balance and many more should be used to control the attrition rate.

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IJARIIE RICHA CHETAN CHARWAD, and SMITA CHAITANYA PANGARKAR. "A study on The Great Resignation at TCS" International Journal Of Advance Research And Innovative Ideas In Education Volume 8 Issue 2 2022 Page 428-437
MLA RICHA CHETAN CHARWAD, and SMITA CHAITANYA PANGARKAR. "A study on The Great Resignation at TCS." International Journal Of Advance Research And Innovative Ideas In Education 8.2(2022) : 428-437.
APA RICHA CHETAN CHARWAD, & SMITA CHAITANYA PANGARKAR. (2022). A study on The Great Resignation at TCS. International Journal Of Advance Research And Innovative Ideas In Education, 8(2), 428-437.
Chicago RICHA CHETAN CHARWAD, and SMITA CHAITANYA PANGARKAR. "A study on The Great Resignation at TCS." International Journal Of Advance Research And Innovative Ideas In Education 8, no. 2 (2022) : 428-437.
Oxford RICHA CHETAN CHARWAD, and SMITA CHAITANYA PANGARKAR. 'A study on The Great Resignation at TCS', International Journal Of Advance Research And Innovative Ideas In Education, vol. 8, no. 2, 2022, p. 428-437. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/A_study_on_The_Great_Resignation_at_TCS_ijariie16175.pdf (Accessed : 10 July 2024).
Harvard RICHA CHETAN CHARWAD, and SMITA CHAITANYA PANGARKAR. (2022) 'A study on The Great Resignation at TCS', International Journal Of Advance Research And Innovative Ideas In Education, 8(2), pp. 428-437IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/A_study_on_The_Great_Resignation_at_TCS_ijariie16175.pdf (Accessed : 10 July 2024)
IEEE RICHA CHETAN CHARWAD, and SMITA CHAITANYA PANGARKAR, "A study on The Great Resignation at TCS," International Journal Of Advance Research And Innovative Ideas In Education, vol. 8, no. 2, pp. 428-437, Mar-App 2022. [Online]. Available: https://ijariie.com/AdminUploadPdf/A_study_on_The_Great_Resignation_at_TCS_ijariie16175.pdf [Accessed : 10 July 2024].
Turabian RICHA CHETAN CHARWAD, and SMITA CHAITANYA PANGARKAR. "A study on The Great Resignation at TCS." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 8 number 2 (10 July 2024).
Vancouver RICHA CHETAN CHARWAD, and SMITA CHAITANYA PANGARKAR. A study on The Great Resignation at TCS. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2022 [Cited : 10 July 2024]; 8(2) : 428-437. Available from: https://ijariie.com/AdminUploadPdf/A_study_on_The_Great_Resignation_at_TCS_ijariie16175.pdf
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