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Employee attrition remains a big challenge in durabel consumer market

According to a report by staffing company TeamLease Services, employee attrition remains a significant challenge for employers in the consumer durables and electronics sector, with the cost of attrition to an organization with 1000 employees being approximately Rs 3.64 crore.

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Business News | Employee Attrition Remains a Big Challenge in Durabel Consumer Market

Get latest articles and stories on Business at LatestLY. According to a report by staffing company TeamLease Services, employee attrition remains a significant challenge for employers in the consumer durables and electronics sector, with the cost of attrition to an organization with 1000 employees being approximately Rs 3.64 crore. Business News | Employee Attrition Remains a Big Challenge in Durabel Consumer Market.

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High attrition rate of 57% a key concern for consumer durables and electronics sector, says report

High attrition rate of 57% a key concern for consumer durables and electronics sector, says report
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Last-mile Delivery: Extreme summer heat & loss of productivity lead to an all-time high demand for delivery personnel, ET Retail

Extreme summer heat, rising absenteeism, and productivity loss have led to a high demand for last-mile delivery and warehouse personnel in India. About 2,000 delivery personnel are dropping off daily in quick commerce and 5,000 in food delivery, with an estimated 2.1-2.2 lakh people needed for replacement hiring daily. The monthly attrition of riders, warehouse staff, pickers, packers, and loaders is at a high of 30-40%.

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Broader indices underperform but 31 stocks give double-digit return

As it will be the last trading week before the key event, which coincides with the F&O expiry, heightened volatility is expected, says Rajesh Bhosale, Technical Analyst, Angel One.

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