Attrition.docx

Need For the study The success of any manufacturing organization depends largely on the workers, the employees are considered as the backbone of any company. The study was mainly undertaken to identify the level of employee’s attitude, the dissatisfaction factors they face in the organization, why they choose to stay and for what reason they prefer to change their job. Once the levels of employee’s attitude are identified, it would be possible for the management to take necessary action to reduce attrition level. Since they are considered as backbone of the company, their progression will lead to the success of the company for the long run. This study can be helpful in knowing, why the employees prefer to change their job and which factors make employee dissatisfy. Since the study is critical issue, it is needed by the originations in order to assess the overall interest and the feelings of the employees towards their nature of job and organization. This study can be helpful to the management to improve its core weaknesses by the suggestions and recommendations prescribed in the project. This study can serve as a basis for measuring the organization’s overall performance in terms of employee satisfaction. The need of this study can be recognized when the result of the related study need suggestions and recommendations to the similar situation.

Statement of problem Managing attrition does not mean reducing attrition only. It could also mean bringing down the negative effects of attrition. To do this the organizations should put up appropriate retention and capacity utilization or talent utilization tactics. There are various retention strategies used by the organizations today. The aim of the report is to study factors like salary, superior – subordinate relationship, growth opportunities, facilities, policies and procedures, recognition, appreciation, suggestions, co- workers by which it helps to know the Attrition level in the organizations and factors relating to retain them. This study also helps to find out where the organizations are lagging in retaining.

Objectives  To retain the existing key and talented employees.  To gain insight about why employees choose to stay at ELITE.  To engage employees in identifying their personal career aspirations effectiveness and value added contribution to ELITE, with the ultimate aim of fitting the Right Person -to-the-Right Job to enhance personal goals.

 To give employees a chance to offer suggestions for areas of improvement.

 To help reveal vital information for employees about what they like and don’t like about their jobs.

 To let employees know and aware that their skills, contributions and dedication are valued and appreciated by ELITE.

QUESTIONNAIRE

1. Name 2. Age a) Below 20 years years

b) 20-25 years

c) 26-35 years

d) 36-50

e) Above 50 years

3. Gender a) Male

b) Female

c) Transgender

4. Marital status a) Married

b) Unmarried

5. Educational qualification a) Degree/Diploma

b) Post graduate

c) Others,

specify_____________ 6. Monthly income a) 10,000-20,000

b) 20,001-30,000

c) 30,001-40,000

d) 40,001-

50,000 e) Above 50,000 7. Does ELITE adequately support your career goals? a)Yes b)No c)To some extent 8. Does ELITE fully utilize your talent? a)Yes b)No c)To some extent 9. Are the training & development provided by the company adequate & met your needs? a)Yes b)No c)Average d)Not received

10. What are your suggestions for improvement in the area of Training & Development? a)Behavior b)Knowledge c)Skill d)Others 11. Do you have enough recognition for your contributions? a)Yes b)No c)To some extent d)No expectation e)Not made impact 12. What kind of recognition do you prefer? a)Any type b)No expectation c)Appreciation d)Trophy e)Certificates f)Monetary g)Spontaneous awards h)If Others,please specify_______ 13. In which aspects you think your supervisor can do better? a)Career

Guidance

b)behavior

c)Communication

d)Competence

e)Recognition f)Delivering commitments 14. Have there been any moments where you were very unhappy working at ELITE? a)Yes b)No 15. If you were given a free hand to make changes what changes would you make in the organisation? a) Canteen b)Technology c) 5 Days Week d) Engagement activity e)Work Tasks f) Simplify Processes g)Young WorkForce

16. Which of the following is the greatest challenge faced by your organization? a) Performance management b) Employee attrition c) Employee absenteeism d) Employee training Ineffectiveness e) Low Employee Morale f) Lack of employee engagement 17. Does your organization make it mandatory for the Employees to serve a notice period? a) Yes b) No 18. What is the duration of notice in your organization? a) No notice period

b) 30 days

c) 45 days

d) 60 days & more

19.What is the objective of your notice period? a) Handing over charge to the incumbent taking over b) training the incumbent taking over c) finishing tasks-at hand d) all the above e) none of the above 20. How do you find the salary in your office? a) High b) Reasonable c) Low d) very low

21.Are you looking forward to switch from current organization to other? a) Yes b) No c) May be 22. If you look for a new Job,(in a new company) what will be your preference? a)Career plan b)Flexible Timings c)Not improvement in position (Increase in other benefits) d) Improvement in position 23. How much are you satisfied with the current job? a)Very high

b)Fairley enough

c)Moderate

d)Very less

e)Not at all 24.To what extent do you feel that quitting the present job will give you a satisfied job. a)Very high

b)Fairley enough

c)Moderate

d)Very less

e) Not at all

25. Do you have Rewards and recognition for your achievements? a)Yes b) No If no, Please specify the reason_____________