Industrials, energy conglomerates see double-digit churn in human capital

As some of India’s big conglomerates in the industrial and energy space see brisk business, they are also witnessing high employee turnover rates, and in double digits, data for FY24 shows.

Flagship entities of conglomerates such as Adani, Vedanta, Aditya Birla Group, and Larsen & Toubro (L&T) all have reported a double-digit employee turnover rate for their permanent employee strength in FY24. Some of these companies are introducing new measures including better increments, EV car schemes, ESOPs, amongst other to reduce attrition. 

 

Adani Enterprises, the flagship entity for coal to airports of the Adani group, for instance, reported an employee turnover