Hi Dipkumar,
Retaining employees is becoming a challenge in today's times.
Before we comment - we request you to realistically assess your induction process and analyse the exits. Hire an expert to talk to these ex- employees to get a feedback as why they quit in a short span of time. Am sure some may give a frank answers and also you need to observe the department, HOD etc to understand the root cause.
Regards,
Rajat Joshi

From India, Pune
Attrition rate of employees is quite high in India particularly. As per Leading Newspaper (Economics Times), one in four employees in the organised sector in India is set to switch jobs, the highest attrition rate globally, according to a Hay Group study. The series of fresh investments planned across sectors could raise demand for talent even as economic conditions remain tepid, raising concerns on employee engagement and retention.
http://articles.economictimes.indiatimes.com/2013-06-07/news/39815456_1_three-employees-indian-employees-attrition
So under the circumstances, it is upto the Companies to decide whether they want to continue with this type of system or they want some improvements so that the production is is not hampered at any cost.
Optimus Consultants
09672616784

From India
We can help you professionally. We specialize in HR and OD consulting. Please write to us in detail about the industry and employee strength.
From India, Mumbai
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