Abstract: The main aim of study is to develop a plan or a model for the Information Technology Sector to lower down the rate of attrition in the industry by working on certain independent variables. The broad objectives of study are to identify the Issues, Trends and Factors of Employee Attrition in Information Technology Sector, to analyze various dimension of Attrition in the Information Technology Sector, to present the complex relationship among these factors in the form of an Interpretive Structural Model. The study is explorative in nature. A systemized and organized study was done to reach the desired objectives of the study. The responses obtained from the respondents working in Information Technology Sector in Delhi and NCR are analyzed using various statistical techniques. Interpretative Structural Modeling is a process in which a set of interlinked elements are given a form of a comprehensive and a systematic model. This technique helps in formulating the inter-relationship among the identified variables. The model formulated with the help of ISM depicts the structure or a system of a complex issue in graphical and a flowchart form. As far as the significance of the study is concerned, the significance of the study lies in the fact that in the last few years the information technology sector has been deteriorated and is known as the symbol of attrition of employees. As far as the growth is concerned, this industry is the most growing industry in India in few years but also alarmed us about the employee turnover.