It is no secret that the attrition rates in blue collar jobs is very high. The typical churn is anywhere from 30 to 100 percent (%) depending on the type of the job and location. The fact that there is a big gap between the demand and supply is difficult to digest given that we have a population of 1.2 Billion and there is a good % without jobs. The demand is for skilled labour and this is where there is a shortage. It is not surprising that sometimes people are willing to change jobs for a few rupees more. Every time you need to replace an employee, there is a cost in terms of lost productivity, and hiring costs. The higher the churn, the higher the operation costs, hence reduction in margins and profits.
So how could you reduce attrition ? How could you make your blue collar employees or contract workers to stick on for longer duration ?
Below is a list of 10 things you could do to reduce the churn. Of-course, this list is not exhaustive and please do share in the comments section if there are other initiatives that has yielded you results.