While high rates of attrition and employee turnover signify potential "red flags", attrition is more of a concern because employee turnover could be considered an inevitable part of an industry's business model. e.g. investment banks are well-known for their high employee turnover, especially at the analyst level, where a one-to-two-year stint is considered the norm.. 32.9%. Retail workers undergo long shifts in stressful public-facing work environments, often with minimal training. A lack of opportunities for career development, unbalanced paychecks and poor management are all reasons for such a high rate of turnover. Banking/Finance. 19.8%.

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Record-high attrition rates are adding to the woes of the Indian IT industry as companies face cost overloads and margin pressures. Tata Consultancy Services (TCS), Infosys, and Wipro - the top.. A high attrition rate refers to a situation where a significant percentage of employees are leaving the company within a given period. The exact threshold for what is considered "high" can vary depending on the industry and region, but generally, a rate above 10-15% is seen as cause for concern.