Talent Management Activities
EXECUTIVE SUMMARY
"The art of putting the right man in right place is perhaps the first in the science of management, but the art of finding a satisfactory position for the discontented is the most difficult" -Talleyrand Recently words like attrition, retention and job switch is back with a bang as the Indian economy is booming. Indian job market is expected to grow in line with economic growth and double at Rs 2000 crore within 5 years (with 20 percent growth per annum). Retaining the star performers of the company is need of the day now. Aditya Birla Group’s foray into the Retail sector began in 2006 with the acquisition of Trinethra, the South Indian based chain of stores. May 2007 saw Aditya Birla Retail launching its own brand of stores ‘MORE’. The stores are in 2 formats: Supermarkets and Hypermarkets. As on Dec 2011, 891 Supermarkets and 11 Hypermarkets are operational across the country.
The report is on “ORGANISATIONAL STUDY AND ATTRITION ANALYSIS AT ADITYA BIRLA RETAIL LIMITED, BANGALORE”. This report is based on exhaustive analysis of ABRL’s recruitment system, training structure and working environment followed by interviewing the ex-employees. The analysis explains that employees are satisfied about the work environment and teams they are working in. The main element behind the current attrition rate at ABRL is the low compensation they are offered and personal setback they face due to long working hours and no arrangement of commutation by company. Also there is lack of employee engagement which makes employee lose interest in their job. It has been suggested to have more employee engagement programs that would help employees to know the company policies and career development options. ABRL should take feedback from the employees about the facilities in ABRL and improve them to satisfy employees to possible level.
"The art of putting the right man in right place is perhaps the first in the science of management, but the art of finding a satisfactory position for the discontented is the most difficult" -Talleyrand Recently words like attrition, retention and job switch is back with a bang as the Indian economy is booming. Indian job market is expected to grow in line with economic growth and double at Rs 2000 crore within 5 years (with 20 percent growth per annum). Retaining the star performers of the company is need of the day now. Aditya Birla Group’s foray into the Retail sector began in 2006 with the acquisition of Trinethra, the South Indian based chain of stores. May 2007 saw Aditya Birla Retail launching its own brand of stores ‘MORE’. The stores are in 2 formats: Supermarkets and Hypermarkets. As on Dec 2011, 891 Supermarkets and 11 Hypermarkets are operational across the country.
The report is on “ORGANISATIONAL STUDY AND ATTRITION ANALYSIS AT ADITYA BIRLA RETAIL LIMITED, BANGALORE”. This report is based on exhaustive analysis of ABRL’s recruitment system, training structure and working environment followed by interviewing the ex-employees. The analysis explains that employees are satisfied about the work environment and teams they are working in. The main element behind the current attrition rate at ABRL is the low compensation they are offered and personal setback they face due to long working hours and no arrangement of commutation by company. Also there is lack of employee engagement which makes employee lose interest in their job. It has been suggested to have more employee engagement programs that would help employees to know the company policies and career development options. ABRL should take feedback from the employees about the facilities in ABRL and improve them to satisfy employees to possible level.