A STUDY ON ATTRITION LEVEL IN PONDICHERRY POLYMERS PRIVATE LTD.

, PUDUCHERRY
SUMMER PROJECT REPORT

Submitted by R. Hemamaalini REGISTER NO: 2007391250

Under the Guidance of Mr. Ravichandran, MBA.,

in partial fulfillment for the award of the degree of

MASTER OF BUSINESS ADMINISTRATION

DIRECTORATE OF DISTANCE EDUCATION PONDICHERRY UNIVERSITY PONDICHERRY-605014 JUNE 2009

BONAFIDE CERTIFICATE

This to certify that the project work entitled A STUDY ON ATTRITION LEVEL IN PONDICHERRY POLYMERS PRIVATE LTD, PUDUCHERRY is a bonafide work done by R. HEMAMAALINI [2007391250] in partial fulfillment of the requirement for the award of Master of Business Administration by Pondicherry University during the academic year 2008 2009.

GUIDE

Date: Place: Puducherry

TABLE OF CONTENTS

CHAPTER

TITLES LIST OF TABLES LIST OF CHARTS

PAGE NO

INTRODUCTION 1.1 PROFILE OF THE COMPANY 1.2 PRODUCTION PROCESS 1.3 TARGETS AND ACHIEVEMENTS 1.4 ORGANIZATION CHART 1.5 DRESS CODES NEED FOR THE STUDY 1 5 8 9 10 11 12 25 26 33 66 68 69 70 71

II III IV V VI VII VIII

REVIEW OF LITERATURE OBJECTIVES OF THE STUDY RESEARCH METHODOLOGY DATA ANALYSIS AND INTERPRETATION 6.1 FINDINGS OF THE STUDY 6.2 SUGGESTION AND RECOMMENDATIONS CONCLUSION 8.1 LIMITATIONS OF THE STUDY 8.2 SCOPE FOR THE FUTHER STUDY

APPENDICES ANNEXURE-1 ANNEXURE-2 72 75

ACKNOWLEDGEMENT
The successful completion of any task would be incomplete without mentioning the names of persons who helped to make it possible. I take this opportunity to express my gratitude in few words and respect to all those who helped me in the completion of this summer project.

I am extremely grateful to Our lectures, to provide necessary and essential facilities to do this project work.

I express our sincere thanks and deep sense of gratitude to our guide Mr. Ravichandran, Pondicherry Slum Clearence Board , for providing me with an opportunity to study and for his encouragement, support and guidance to complete this project work successfully.

I convey my heartiest thanks to Mr. S.PRABAGAR, FACTORY MANAGER, Pondicherry Polymers Private Ltd, Thiruvandar koil, Puducherry, who kindly granted permission to do this project work in his esteemed organization.

Finally, I express our sincere thanks and deep sense of gratitude to my parents and friends for giving timely advice in all the ways and in all aspects for the success of this project work.

ABSTRACT
Attrition is a critical issue and pretty high in the industry these days. Its the major problem which highlights in all the organizations. Though the term ATTRITION is common, many would be at a loss to define what actually Attrition is, Attrition is said to be the gradual reduction in the number of employees through retirement, resignation or death. It can also be said as Employee Turnover or Employee Defection Whenever a well-trained and well-adapted employee leaves the organization, it creates a vacuum. So, the organization loses key skills, knowledge and business relationships. Modern managers and personnel administrators are greatly interested in reducing Attrition in the organization, in such a way that it will contribute to the maximum effectiveness, growth, and progress of the organization. This study is an out come of the topic called A study on Attrition Level in Pondicherry Polymers Private Limited. The study is undertaken at Thiruvandar koil industrial sector area. The survey is carried out in the company called PONDICHERRY POLYMERS PRIVATE Ltd for a period of one month. The main objectives of this study is to know the reasons, why attrition occurs, to identify the factors which make employees dissatisfy, to know the satisfactory level of employees towards their job and working conditions and to find the areas where Pondicherry Polymer Private Ltd is lagging behind. Nearly 50 samples are taken to the study the Attrition level in the organization. Primary data such as Questionnaire and Interview method has been used to collect the data from the employees. From the study it is identified that the lack in growth opportunities and the family issues are the major problems for the occurrence of attrition in the company.

LIST OF TABLES
S.no 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 TABLE NAME Age Level of the Respondents Marital Status of the Respondents Educational Qualification of the Respondents Years of Experience of the Respondents Role Respondents of the Respondents Experience in the existing company of the Respondents Understanding about the Job of the Respondents Motivation of the Respondents Appraisal of the Respondents Basic Needs of the Respondents Nature of Job of the Respondents Dissatisfaction Factor of the Respondents Decrease in Dissatisfaction Level Improvement to be done Internally Improvement to be done Externally Reason to change the Job of the Respondents Opportunity to Learn for the Respondents Freedom to convey problems Considerations for Employee Creativity Effect of Whistle Blowing Promotion of the Respondents Transportation Facilities of the Respondents Recreational Facilities of the Respondents Working Space of the Respondents Accommodation Facilities of the Respondents PAGE.NO 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57

26

Analysis to know whether there is difference between the opinion of respondents regarding Freedom to Convey problems to Top-Level and Considerations for Employees Creativity, Observed count- CHI-SQUARE Expected count for chi-square Computation of chi-square Analysis to know whether there Correlation between the opinion of respondents regarding Understanding About Job and Decrease In The Dissatisfaction Level Correlation Analysis Ranks for correlation data Analysis to find the ranks of various factors using Weighted Average Calculation Point Average Years of experience in the company and decrease in dissatisfaction level- ANOVA ANOVA Table

58

27 28

58 59

29

60

30 31 32 33 34

60 62 62 64 65

LIST OF CHARTS
S.no 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Age Level Marital Status Educational Qualification Years of Experience Role Experience in the existing company Understanding about the Job Motivation Appraisal Basic Needs Nature of Job Dissatisfaction Factor Decrease in Dissatisfaction Level Improvement to be done Internally Improvement to be done Externally Reason to change the Job Opportunity to Learn Freedom to convey problems Considerations for Employee Creativity Effect of Whistle Blowing Promotion Transportation Facilities Recreational Facilities Working Space Accommodation Facilities CHART NAME PAGE.NO 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57