ON
EMPLOYEE ATTRITION
INTRODUCTION
The purpose of this research is to explore the attrition rates and evaluate changes that will positively affect the attrition issue. Qusetionnaire method is ued for the research. Employees are inteviewed over telephone from different regions and they have many opinions, problems and suggestions, which will be discussed later.
The main objective of the study are:- * To understand the factors central to attrition. * To calculate the attrition rate. * To suggest the activities that might be undertaken in order to decrease the attrition rate and retain employees.
Assumptions of the study:- * The sample taken will represent the fair idea about the study. * It is believed that the employees will provide real and authentic information. * The information by the person contacted is not having any kind of bias.
FINDINGS TILL NOW
MAIN REASONS
* GOT BETTER OPPORTUNITY. * LOW SALARY. * DISTANCE PROBLEM. * NO GROWTH IN THE JOB. * LACK OF SUPPORT FROM THE AUTHORITY. * NO MOTIVATION FROM THE SUPERIORS. * WORKING CULTURE IS NOT PROFESSIONAL ENOUGH. * BAD RELATIONS FROM THE MANAGERS. * GEOGRAPHICAL REASONS (TRANSFER ISSUES). * LACK OF RECOGNITION AND RESPECT FROM THE COMPANY. * TOO MUCH WORK PRESSURE. * COMPANY’S POLICIES WAS NOT IN FAVOUR (PROMOTION ISSUES).
SUGGESTIONS
* NEWLY RECRUITED EMPLOYEES SHOULD BE TREATED WELL. * WORKPLACE SHOULD BE MORE OF A FRIENDLY ENVIRONMENT. * THE COMPANY SHOULD HAVE PROPER COMMUNICATION FROM ALL LEVELS. * THE HR SYSTEM SHOULD BE MORE STRONGER. * KNOWLEDGE OF RETAINING THE CURRENT EMPLOYEES. * THE POSITIONS OF THE COMPANY SHOULD BE RE-SHUFFLED. * NEWLY RECRUITED EMPLOYEES SHOULD BE ALLOWED TO PARTICIPATE EFFECTIVELY. * FREEDOM IN WORK SHOULD BE GIVEN. * KEEPING NOTICE ABOUT THE GROUND LEVEL WORKERS. * THE HR PERSONS SHOULD KEEP NOTICE ABOUT ALL THE EMPLOYEES. * SOME