A Case Study - Employee Retention and Turnover in Accenture

Employee retention and turnover in the IT industry is one major issue that needs to be tackled in a manner that satisfies employees with their current employment and allows them to develop a loyalty towards the organisations they work for. There are numerous factors that affect employee retention and turnover in such a dynamic industry. One such case is that of Accenture, which has failed to keep, its turnover rates low. High turnover comes as an unfruitful cost to the employers and it is important to deal with such a cost in order to remain competitive. Numerous factors have been identified for Accenture, which will define its turnover rates and the reasons behind those. Compensation levels, relationship with immediate supervisors, opportunities to training and development and career advancement are few of the factors that were studied in relation to Accenture to determine the reasons behind its high turnover rates. Recommendations based on the research findings have been put forward to Accenture thus allowing for the development of a better corporate environment, which would hamper employee turnover, and help to foster organisational loyalty