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MNC R&D Centres Continue to Witness Attrition.

India, May 26 -- Zinnov Management Consulting has released a study on attrition targeted at the multinational corporation (MNC) research and development (R&D) centres in India, titled 'Quarterly Attrition Tracker'. According to the study, MNC R&D centres in India are likely to continue to witness attrition during the first and quarter quarter of 2010.

This is, however, expected to smoothen during the second half of the year with minimal attrition. As per the study, the average attrition rate for the period from January to March 2010 stood at 4.7 per cent, a rise of 1 per cent as compared to the previous quarter and up 0.5 per cent for the same quarter last year. This translates to an attrition rate of 18.8 per cent on a yearly basis.

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Publication:The Industry 2.0
Geographic Code:9INDI
Date:May 26, 2011
Words:164
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