Attrition Rate signifies the percentage of employees departing from a company, often driven by factors like unfavorable work environments, excessive workloads, job insecurity, limited growth prospects, lack of career advancement, dissatisfaction, and inadequate income. As of 2022-23, the IT sector in India reports the highest attrition rate at 23%, according to Business Today. This figure underscores the industry's ongoing challenge in retaining talent compared to other sectors.
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