What is the target pay for attrition for employees with tenure of 13-24 months?

The target pay for attrition refers to the amount of compensation designed to encourage employees to remain with the organization for a specified time period. In this case, for employees with a tenure of 13-24 months, the target pay is set to $600. This figure is typically based on various factors, including industry standards, the company's compensation framework, employee retention goals, and market conditions.

Offering a well-defined target pay can serve as an effective strategy for retaining talent during critical stages of their employment. Companies often recognize that employees with 13-24 months of tenure may be at a crossroads in their career paths, and providing targeted financial incentives can encourage them to stay with the organization longer, thereby reducing turnover costs and maintaining a stable workforce.

In this context, $600 specifically targets the need to balance between motivating employees to stay while also being financially feasible for the organization. This amount serves as a motivational factor without overextending the company's financial commitments, reflecting a strategic approach to employee engagement and retention.