When the economy is booming and talented people are valued attrition do happen. Attrition in the range of 6& - 8% is acceptable rather preferable. Even in Singapore where the economy is doing reasonable well, the attrition rate hovers around 10% - 12%. Attrition brings in new set of people, new talent, new set of ideas and outlook. In this case, the attrition is mainly due to people taking up higher studies proving that the economy is vibrant and positive. Nothing to panic but the company has to have close watch on the rate continuously.