Preview

Project Proposal Human Resource Management

Powerful Essays
Open Document
Open Document
1921 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Project Proposal Human Resource Management
Table of Contents

Page No.

Title 2

Research Question 2

Research Aim 2

Research Objectives 2

Background 3

Literature Review 5

Methodology 6

Problems in Researching 7

Timetable 9

References 11

Research Title

An exploratory study on the prevalent attrition rate in the Indian IT industry and its escalating issues.

Research Question

Can the existing rate of attrition shape up to be a cause of concern for the growth of Indian IT industry?

Research Aim

To analyse and explain the issues that are underlying factors for the existing attrition rate and what impact it can have on the industry in the near future.

Research Objectives

The study is aimed at finding the attrition rate within the Indian IT industry and the factors that contribute to it. It will also help analyse the effect of such figures of employee turnover on the long term objectives of the firms within the industry and the industry as a whole.

Following are the objectives of the study:-

1. To understand the adverse effects of a high attrition rate on the organizations as well as the Indian industry.

2. To identify whether the figures of retrenchment is higher or the number of people making switchovers.

3. To understand the trends/drifts in the rate of attrition over the last few years in the IT industry.

4. Create a detailed analysis on what have been the major sources that have led to employees’ turnover within the IT industry of India.

5. To understand what can be the critical issues if such numbers of attrition continue in the future and what are the likely impacts on the IT industry.

6. To review the existing HR practices in response to attrition and its feasibility.

With these objectives, the research aims to find answer to the following questions:-

• What are the drifts in the attrition rate of Indian IT industry?

• What factors contribute to



References: “Talent is a critical driver of corporate performance… a company’s ability to attract, develop and retain talent will be a major competitive advantage far into the future,” (Cooper at el, 2003).

You May Also Find These Documents Helpful

  • Powerful Essays

    engl 216 week 7

    • 2731 Words
    • 11 Pages

    We all know that a high turnover rate is always frowned upon. Speaking with other companies that have dealt with this problem has shed a new light on the subject with the reality of the impact. The steps needed to control the problem will vary to each company’s needs.…

    • 2731 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Tanglewood Case 1

    • 652 Words
    • 3 Pages

    1. Describe the internal labor market of the company in terms of job stability (staying in the same job), promotion paths and rates, transfer paths and rates, demotion paths and rates, and turnover (exit) rates.…

    • 652 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    435 Week 3 Outline

    • 494 Words
    • 2 Pages

    Examine possible occupational stressors that are negatively influencing recruitment and retention. What improvements would you suggest to alleviate these stressors?…

    • 494 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Not only that workers turnover rate is high, the extreme nature of this is taking its toll to an alarming extent. This can be evident both locally and regionally.…

    • 4720 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    High employee Turnover: The major issue was that employee turnover was quite high within the office, as a matter of fact every time an employee would be hired , their would be another employee resigning.…

    • 682 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Markov Analysis

    • 461 Words
    • 2 Pages

    1. Describe the internal labor market of the company in terms of job stability (staying in same job), promotion paths and rates, transfer paths and rates, demotion paths and rates, and turnover (exit) rates.…

    • 461 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Team to Achieve Milennium

    • 1969 Words
    • 8 Pages

    Employee/team member turnover may be mostly a negative issue, yet it can become positive if only controlled by the organization correctly and appropriately. Turnover is often utilized as an indicator of the organization performance and it can easily be observed negatively towards the organization’s efficiency and effectiveness. Also, turnover is a natural outcome of an organization which is why it has to be kept to a minimum.…

    • 1969 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Training Assessment Paper

    • 2138 Words
    • 9 Pages

    Turnover rates could expose a company’s lack of maintaining a productive workplace environment. Successful companies need to be conscious of the negative effects of employee turnover cost, training cost, opportunity cost, and morale cost. These problems can become a financial lost for any company. The bottom line is that companies with low turnover rates work hard to make sure that their employees are satisfied and they take the initiative to prevent high turnovers (Reh, Para. 12).…

    • 2138 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Attrition is something that a company may experience at any time with or without notice. The company must be prepared when such a situation arises within their organization. During the interview process, key questions can be asked in order to understand the thought process of the interviewee. These questions can be related to future plans, past employment and details about specific duties the job requires. Questions relating to future plans will give the company a general idea on how long the potential employee plans on staying with the company. If they have other goals that do not meet the company expectations, this could be a sign of them using the position as a stepping stone to a better opportunity.…

    • 972 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    d) The problems in career planning arise when the 30% of employees complained about not being informed when there is a new opening in the firm that they might be capable of filling. This discourages the workers…

    • 403 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    1. To determine several alternatives that would help alleviate the possibility of involuntary turnover in the future…

    • 5091 Words
    • 21 Pages
    Powerful Essays
  • Good Essays

    Their low turnover rate of 1.2 to 1.3 percent is due to such factors as the nature of its work environment, its location within a smaller community, and its corporate philosophy of treating employees well (Zinni, et al., 2011, p. 86). A long term employee of Baytech accords the success of the organization with practices that include competitive wages and benefits, good communications, healthy union-management relations, feedback from the company on performance, a good work environment and safe workplace, job satisfaction, and training opportunities. While Baytech’s retention strategy aids them in maintaining a low turnover rate, their corporate philosophy is missing a few key elements compared to the drivers discussed in Chapter Two (figure1 pg4). Retention drivers such as career planning/advancement, job security, and fair, non–discriminatory treatment are all important elements in maintaining a low turnover rate. Baytech can reduce attrition by showing their employees they are serious about promoting from within, committed to keeping and growing their talent, and that disciplinary actions are fair, and the means to decide work assignments and opportunities (Zinni, et al., 2011, p.…

    • 550 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Many of the decisions that health care professionals make in the course of their practice are affected by legal principles, moral reasoning, code of professional practice and it is important for the health care professional (nurses) to be able to differentiate between ethical principles, the law and codes of professional conduct. It is also helpful to the nurses to develop a clear understanding of the law, ethical issues and code of professional practice pertaining to their profession as a way of improving high standards and to hold each health professional accountable for his or her responsibilities or actions within legal and ethical matters. This is essential to ensuring that decisions are consistent with applicable legal and ethical principles because often nurses act as advocates for their patients. Usually the nurses are required to possess a certain amount of knowledge, skill and competency in ethical decision making for the best interest of the patient.…

    • 1054 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Turnover and Retention

    • 2411 Words
    • 10 Pages

    Following the process of globalization which is increasingly developing, consequent fierce competition brings about frequent phenomenon of turnover in organizations (Liu et al., 2011). According to the statistic data that showed by Meier and Hicklin (2007), the turnover rate of U.S. federal government was 16.1% from 2003 to 2004, Dutch temporary employment agencies was 14.2% in 2005 and trucking even reached 41% in 2005. Currently, employee turnover is still lacking of attention in many aspects, such that most previous researches were focused on the reasons of turnover, but paid less attention to the effect of turnover (Ton & Huckman, 2008). The emphasis in this essay is that high employee turnover damages organization performance for increasing cost and causing critical employee leaving, while moderate level of turnover benefits organization performance for improving innovation and motivation, employers should focus on enhancing employee’s job satisfaction and embeddedness for retaining their employees. This essay has four parts. In the first and second part of the essay, both effect of excessive turnover and moderate turnover would be discussed with focus on organizational performance. And then the relationship between turnover and performance will be showed. The final part of this work would discuss the two aspects of retention strategy and many specific methods would be given to employers.…

    • 2411 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Hr Issues in Wipro

    • 459 Words
    • 2 Pages

    Losing talented employees is one of the biggest problem for Indian IT service companies like Wipro. Wipro have experience tremendous growth in last ten year. Growth is result of Wipro’s business model where they hire low cost resources and kept growing from overseas work. However IT companies such as Wipro is facing some major challenges with their current model. As Indian economy is growing, living conditions are improving and with that cheap talented labor is disappearing. Since the whole IT industry is booming in India, barging power of the talented employees is too high due to skills and knowledge they have to offer. Another problem with Wipro is that its talented workers are staring their own business. As the investment environment in India is changing more and more entrepreneurs are able to receive investment to start their own venture.…

    • 459 Words
    • 2 Pages
    Good Essays