Attrition by disabled in Indian retail half than normal staff

There are 70 million PwDs in the country but less than 1% is employed in the retail sector, says a study

Kishore Biyani
Raghavendra Kamath Mumbai
Last Updated : Jan 22 2014 | 6:34 PM IST
Monthly attrition among persons with disabilities (PwD) in Indian retail is half compared to the industry figure of 6.8%, said a study by US-based Accenture and Pankh, an organisation set up by TRRAIN-Youth4jobs Foundation.

There are 70 million PwDs in the country but less than 1% is employed in the retail sector. Their monthly attrition among them is 3.3%, the study said.

"Lower attrition further compounded by EPF/ESI benefit rewarded by the governments to organisations for employment of PwD can lead to benefit as high as 8% annual salary of the employee," said the study.

Future Group CEO Kishore Biyani, who released white paper on the subject today said Future has employed about 70-100 disabled people and wants to have 5% of total employee base coming from PwDs.

"We need to create sensitivity among colleagues about disabled people. We should create pride among such people," he said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 22 2014 | 6:32 PM IST

Next Story