Why banking sector expansion may increase attrition

Once the new banking licences are cleared, the financial services industry is likely to witness a significant surge in recruitment activity so much so that attrition rates are expected to hover around 18 per cent in 2014, according to staffing services firm Kelly Services. According to Kelly, one can expect to see significant rise in poaching within the industry in 2014 once the new banking licenses are cleared. The BFSI (ban...