Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023)

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A Study on Nurturing Sustainable Strategies for Managing Attrition among Gen Z Employees

Authors
T. Monika1, *, Densingh Joshua Israel2
1Research Scholar, School of Management, Hindustan Institute of Technology and Science, Chennai, India
2Associate Professor, School of Management, Hindustan Institute of Technology and Science, Chennai, India
*Corresponding author. Email: monikamona33365@gmail.com
Corresponding Author
T. Monika
Available Online 20 February 2024.
DOI
10.2991/978-94-6463-374-0_54How to use a DOI?
Keywords
Gen Z; Attrition; Sustainable management; Organizational strategies; Turnover ratio
Abstract

Attrition is simply the reduction of the number of employees in an organization calculated for every particular time. According to various studies, among today’s employees, this is higher compared to the previous generations. It differs from one organization to the other according to the system that is followed in each as well as varies from one demography to another. On that note studying the new generation who are called Gen Z or Zommers or iGen, becomes very important. Attrition impacts the companies’ corporate system as it leaves them with losses and sometimes debts. This is one of the major reasons organizations lose trust in their new generation and recruit them for a low salary package. On the other hand, Gen Z feels that companies are exploiting them with lower wages so they don’t stay in any particular company for more than 6 months to 1 year which again affects the company. So attrition turns out to be a cyclic process and to reduce it organizations have to work according to the new generation of employees that is Gen Z. This paper will focus on different characteristics of Gen Z on attitude and behavioral aspects and the challenges faced by them in an organization. The study will further highlight sustainable strategies that can be used by an organization to curb attrition among Gen Z.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
20 February 2024
ISBN
978-94-6463-374-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-374-0_54How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - T. Monika
AU  - Densingh Joshua Israel
PY  - 2024
DA  - 2024/02/20
TI  - A Study on Nurturing Sustainable Strategies for Managing Attrition among Gen Z Employees
BT  - Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023)
PB  - Atlantis Press
SP  - 634
EP  - 640
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-374-0_54
DO  - 10.2991/978-94-6463-374-0_54
ID  - Monika2024
ER  -