A STUDY ON EMPLOYEE RETENTION TECHNIQUE ADOPTED BY VEE TECHNOLOGIES PVT LTD S.K.DURGA II MBA BHARATHIAR SCHOOL OF MANAGEMENT AND ENTREPRENEURIAL DEVELOPMENT CHAPTER 1 1. INTRODUCTION 1.1EXECUTIVE SUMMARY I endeavoured to bring to light one of the critical ills that inhibit most of the BPOs now. The issue of retention is stressful for most managers. Managing high-performing employees can also be stressful at times. Combine the two and consider the issue of retaining employees and have a recipe
Premium Business process outsourcing Outsourcing
Asses the approaches used to managing employee welfare in your organization The term ‘welfare’ refers to actions done for the comfort and improvement of employees. Welfare is provided over and above the wedges and helps in retain employees for longer time in an organization‚ by maintaining them motivated. (Katou‚ A. 2000) There are two categories of employee welfare scheme: -Statutory: is a “must” for an organization as compliance to the laws governing employee health and safety. Examples of acts which
Premium Occupational safety and health Human resource management Employment
Executive Briefing Developing an Employee Engagement Strategy Sponsored by SurveyMonkey B usiness leaders have long recognized that attracting and company profit‚ employee turnover and occurrence of safety retaining top talent is critical for organizational success. incidents.2 Given that engagement affects organizational Over the past two decades‚ organizations have increasingly outcomes that relate directly to the bottom line‚ companies focused on employee engagement as a
Premium Management Goal Organization
Employee Engagement A review of current thinking Gemma Robertson-Smith and Carl Markwick REPORT 469 Published by: INSTITUTE FOR EMPLOYMENT STUDIES Mantell Building University of Sussex Campus Brighton BN1 9RF UK Tel: +44 (0) 1273 686751 Fax: +44 (0) 1273 690430 www.employment‐studies.co.uk Copyright © 2009 Institute for Employment Studies No part of this publication may be reproduced or used in any form by any means – graphic‚ electronic or mechanical including photocopying‚ recording
Free Employment Organization Definition
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
Premium Retailing Birla family
JUST FOR FEET‚ INC. CASE STUDY QUESTIONS 1) Prepare common-sized balance sheets and income statements for Just for Feet for the period 1996-1998. Also compute key liquidity‚ solvency‚ activity‚ and profitability ratios for 1997-1998. Given these data‚ comment on what you believe were the high-risk financial statement items for the 1998 Just for Feet audit. 2) Just for Feet operated large‚ high-volume retail stores. Identify internal control risks common to such businesses. How should these
Premium Auditing Risk Audit
Applied H.R.M. Research‚ 2003‚ Volume 8‚ Number 2‚ pages 63-72 Organizational Application Managing Employee Retention as a Strategy for Increasing Organizational Competitiveness Sunil Ramlall‚ Ph.D. University of St. Thomas Research indicates that the total cost of employee turnover is about 150% of an employee’s salary. Because of this high cost of turnover‚ the organization that is the focus of this article sought to understand their employee’s turnover intentions and the reasons for the potential
Premium Job satisfaction Employment Management
CASE STUDY Q1: Using your understanding of the work of Herzberg‚ which motivators can you see in action at Siemens? Frederick Herzberg proposed a very popular theory of motivation termed as the two- factor theory‚ or motivation – hygiene theory has been widely accepted by managers concerned with the problem of human behavior at work. There are two distinct aspect of the motivation- hygiene theory. Intrinsic factors such as achievements‚ recognition‚ the work itself‚ responsibility‚ advancement
Premium Motivation
The Strategic Development of Mid-Level Talent (A Project on MakemyTrip.com) Prof. Jenny Benoy and Ms.Apeksha Poojary KEYWORDS: Talent pipeline‚ Talent Management‚ Strategic Development ABSTRACT: Organisations are made up of people creating value through proven business processes‚ innovation‚ customer service‚ sales and many other important activities. As an organization strives to meet its business goals‚ it must make sure that it has a continuous and integrated process for recruiting
Premium Management Human resource management
Management System and Employee Performance with the Mediating Role of Motivation: A Quantitative Study on Global Banks Pınar Güngör Okan University‚ Istanbul‚ 34722 Turkey Abstract The primary goal of this study is to research the relationship between the reward management system applications and employee performance of bank employees on global banks in Istanbul. It also focuses on the role of motivation as an intervening factor. According to the literature review on the previous studies it is proven that
Premium Motivation Reward system Educational psychology