Private banks in India are facing a high rate of attrition, particularly amongst younger entry-level employees due to high demand for loans. Last year, HDFC Bank s turnover rate rose to 34%, Axis Bank was at 35% and Kotak Mahindra Bank recorded a surge in at approximately 50% whilst Yes Bank s attrition hit 43%. The attrition rate is caused by increasing pressure on frontline staff to fulfil the demand for loans.
Finance and Accounting Staff Turnover Rates at near 10% - How Outsourcing Offshore Helps Reduce Employee Turnover einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
It takes a lot of courage to run your own business and a lot of commitment to scan the horizon for new opportunities. The 2023 NCPA Annual Convention offers several related courses that will elevate your business through collaboration and innovation two words to live by and work towards.