Today one of my colleauge bid goodbye to Wipro Technologies. That brings the question, Why?
Why a person working for a reputed company files his/her resignation and switch to other company?
Well, there could be numerous reasons for doing so cause it takes a lot of planning and time to arrive at such a situation. Generally, people resign and switch to get a good salary hike. It's been observed that switching from one company to other gets you a hike of almost 30% (in general). Thats what we call standard market hike.
It's also been seen that when a person files his/her resignation, the HR of the company calls and ask for the reason. If it's known that the person is good at skills, he/she will be offered hike in salary and perks as the other company he/she is going to join have agreed to.
Moreover, it's also a known fact that most of the companies doesn't have any structure when it comes to salary of employees. A person coming from other company will be offered more salary than the one already working in the company having same level of experience. That bags the question of why not having a salary structure model in terms of experience? A person had spent few years of his/her life at your company and instead of giving him/her dues, companies hire someone from outside at much higher package. And then complain about the attrition rate.
To HR,
I request you guys out there to look into this matter with serious attitude. When a person leaves an organization, he/she takes the knowledge and experience of work culture with him/her. It's not the loss of the person leaving the organization, but the loss of organization if someone competent leave.
Sincerely Yours'
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