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Presented by:
PAREEK ANKUR MADHUSUDAN DEPARTMENT OF MANAGEMENT STUDIES MALVIYA NATIONAL INSTITUTE OF TECHNOLOGY,JAIPUR
DEFINITION:The formal conversation that takes place between an employee and an HR or other manager to determine the reason(s) the employee is leaving.
MY RESEARCH :ATTRITION, ATTRITION, REASONS FOR DEMISE, 1,LEAVING SP.RESIGN, 1% 6, 10% ATTRITION, RETIREMENT, 7, 11% ATTRITION, RESIGNED TERMINATE , 1, 2% INTERNAL RECRUITMENT(TRANSF ER) RETIREMENT
TERMINATE
STAFF MGMT
FINDINGS!!!
Age wise Resign
25 AND BELOW Resigned, 35 TO 40, 3, 8% Resigned, 30 TO 35, 7, 18% Resigned, 25 TO 30, 15, 38% 25 TO 30 30 TO 35 35 TO 40 40+
00 < 01
01 < 02
02 < 05
05 < 10
15 < 20
DIP
For joining Indian Rayon. brand salary 4.46875 1.095766129 32 2.59375 2.119959677 32
The above data shows that there is very positive impact of the brand(i.e. Aditya Birla Group) on the candidates who come here at Indian Rayon to join instead of the salary.
Reason to leave Indian t-Test: Paired Two Sample for Means Rayon.
The data says that the main reason for leaving the organisation is salary.
Experience in the new org pay/benefit 3.375 1.8548 32 training 3.6875 1.5766 32
The data says that the ex-employees are more satisfied with the training and salary they are getting in the new organisation.
RECOMMENDATIONS
1. More focus should be given on the revision of compensation plan from time to time 2. There should be a stay survey conducted on a regular basis so that the problem of people leaving can be identified very early and appropriate steps could be taken 3. There should be a regular check on the implementations done or not done.