A STUDY ON EMPLOYEE RETENTION AND ATTRITION STRATEGIES IN ERFLOGS CONSULTANTS PVT LTD
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2017-08-11T08:49:40Z
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Abstract
The intention of this endeavour is to make study on employee attrition and retention
strategies. This project is done on human resource management topic in the area of “A study on
employee retention and attrition strategies in erflogs consultants pvt ltd”. The most challenging
job for any present manager is to retain their employees. Employee retention involves taking
measures to encourage employees to remain in the organization for the maximum period of time.
Retention is a top business priority for more than one third of the organizations. More than one
third of HR professionals in IT Sector views retention as one of their pressing issues. It is not
very often that the management would be aware of the true reason as to why an employee would
be leaving their organization. To be successful in knowing the reason, an effective exit interview
procedure is very essential. This would help the organization to an extent to get a clear picture of
what is going wrong.
Questionnaires were distributed to collect the responses from the employees of Erflogs,
who was effectively available in company while descriptive statistics have been used to examine
the facts and draw the conclusions. The project aims studying the employee retention and
employee attrition programs in Consultancy and to evaluate the employee retention and
employee attrition programs in Consultancy and also to offer useful suggestions, to reduce
employee turnover in Consulting companies. Thus, this study is conducted to find out directly
from the employees the factor that does not motivate them to continue employment with their
organization. With help of a self developed questionnaire few factors are taken into consideration
for the study. With the help of the study, An attempt is made to find out the effectiveness of the
practices and how practical is it to retain the employees.
The study was limited to a particular location employees and the possibility of sampling
errors in the study.
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RAMYA R, 1NZ15MBA36