storage_domain_attrition trends_3 cities comparison.pdf

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Storage Domain - Attrition Trend Comparison Report

(Executive Summary)

October 2013

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1 Definition

2 Attrition Trends

3

Hiring Trends

(Available in Full Report)

4Conclusion

(Available in Full Report)

Topics Covered in the report

3


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4

Talent Neuron has studied attrition trends across 2 global cities

Percentile:

Number (value) that represents a percentage position in a list (range) of data. For example, if the performance of

an entity is at 43rd percentile, then it performs better than 43 % of all entities within its group.

P10: 10th Percentile P75:75th Percentile

P25: 25th Percentile P50: Median/50th Percentile P90: 90th Percentile

Voluntary and Involuntary Definitions:

Voluntary Attrition: Employee turnover on his or her own accord in order to pursue other opportunities or for

personal reasons.

Involuntary Attrition: Employee termination for poor job performance, absenteeism or violation of workplace

policies. This is also known as forced attrition.

Definition

3

Cities

1. Bangalore2. San Francisco Bay

Area

Software ProductDevelopment Focus

Jan July 2013


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5

Bangalore closely followed by SF Bay Area has the highest attrition among the 2 cities

Source: Interview with product company HR leaders, BLS, Talent Neuron profile sample analysis

Attrition Rates: Bangalore, SF Bay Area (July 2012 June 2013)

Attrition Trends

AttritionRa

te(%)

10%

9%

0%

2%

4%

6%

8%

10%

12%

14%

16%

Bangalore SF Bay Area

14%

12%


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6

Bangalore has voluntary attrition of about ~ 10%

Attrition Trends

10.0%

8.0%

4%

4%

Bangalore SF Bay Area

Voluntary Attrition In-Voluntary Attrition

Source: Interview with product company HR leaders, BLS, Talent Neuron profile sample analysis


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Key Reasons of Attrition by Location

Attrition Trends

Startups:

Developers in the Bay Area work in large

teams where their jobs are not

challenging and often unsatisfactory on a

personal level. Hence many developers

chose to move to start-ups to add more

value to their jobs.

Compensation Disparity:

In the Bay Area, companies like Google,

Facebook and other high growth start-ups

(Dropbox, Box) often hire talent at inflated

salaries. Thus employees often find

moving to a new company financiallymore beneficial than internal growth.

Lack of Ownership:

In Bangalore, the software developers

seldom work on product ownership

model.

Demand Supply Gap:

Large MNC companies are hiring for keypositions and are focused on targeted

hiring. This creates demand for good

technical talent. A good technical

talent in Bangalore will have multiple

offers

Start-ups:

Start-up ecosystem in India is

improving. Key leaders across

technology and management are now

joining start-ups for equity and higher

compensation (Also ownership)

SF Bay Area Bangalore

Source: Interviews with HR experts, Literature search on retention measures, Talent Neuron expert comments


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Attrition for Storage systems job family is slightly higher than the industry average

Source: Interviews with HR experts, Literature search on Attrition calculation methodologies prevalent in the industry, Talent

Neuron expert comments

Attrition Trends

Indicates that Attrition is higher than the industry average

Indicates that the attrition is the same as the industry average

Indicates that attrition is less than the industry average

Platform 2-4 Years 4-7 Years 7-10 Years 10+ Years

Bay Area

Software Protocols

Storage Systems

Hardware Skills

Bangalore

Software Protocols

Storage Systems

Hardware Skills


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