Professional Documents
Culture Documents
PROJECT REPORT
ON
AT
I, hereby declare that this Project Report titled “To study the Reason for
Attrition and suggesting a Retention Framework” is the result of my own study
from 26th July 2009 to 11th August 2009 at Jodhana Heritage Pvt Ltd,
Jodhpur.
I assure that this report has never been presented by anyone, for any purpose
to any university or institution.
GUNJAN SHUKLA
MBA
II
Semester
JIM
Preface
Summer training is a step to bridge up the gap between the theoretical studies
and its’ practical problems. As a part of the curriculum of MBA by JIM, I did my
summer project at Jodhana Heritage Pvt Ltd, Jodhpur.
In this project, I am presenting the report on “To study the Reason for Attrition
and suggesting a Retention Framework”. I have tried my best to present this
report.
I take this opportunity to express my gratitude towards all those, who have
helped me in my project work and preparation of this report.
I am also thankful to Dr Swati Lodha, Director, and Prof. Sonal Chouhan for
their valuable help to encourage me to do well in my summer training.
9 Bibliography
Jodhana Heritage Pvt. Ltd
Jodhana Heritage Resorts is a new joint venture between H.H. Maharaja
Gaj Singh II of Jodhpur, and a leading tourism management company
whose principals have all held senior positions with India’s major hotel
chains. Jodhana’s Royal Jodhpur Retreats and Royal Jodhpur Camps
include an 18th century summer palace set in 300 acres of beautifully
landscaped gardens, a magnificent 1933 hunting lodge palace, a charming
orchard retreat, a traditional English country cottage, a gloriously luxurious
tented resort in a royal pleasure garden, and the nomadic Jodhpur royal
tents that blend the romance of the early 20th century safari camps of the
Jodhpur Maharajas with contemporary comfort.
The Jodhana properties are all personal vacation homes of the Jodhpur
royal family, who insure that the ambience is authentic, the comfort level
grand, and the experience truly royal.
Balsamand lake palace
A stone's throw away from the ancient capital of Marwar, Mandore, and only 8
km from the city-center of Jodhpur, Bal Samand is a world away from the
hustle and bustle of modern life. The lake was engineered in the 12th Century
but the exquisite red sand-stone palace came later; it was built by Maharaja
Jaswant Singh I of Jodhpur in the 17th Century, at the very zenith of Rathore
Rule under the umbrella of the Mughal Empire. Set in a private estate of over
60 Acres, with sprawling orchards of lime and pomegranate and landscaped
gardens criss-crossed by elegant waterways and even a aqueduct, the palace
with its lovely promenade on the lake, was always more than just a residence;
a pleasure palace in the finest Mughal tradition of the picnic. In more recent
times a tradition has developed with the Royal Family celebrating the first rains
in Bal Samand; a custom that has led to the palace being referred to as a
Monsoon Palace. But today, after the successful completion of an ambitious
restoration and modernization program Bal Samand is the palace for all
seasons; a world class Heritage Hotel with modern amenities and an Health
Spa of renown.
The palace houses ten exclusive suits in all, and suites alone. Each is
tastefully and luxuriously appointed in authentic Jodhpur style, with traditional
seating, dining alcoves, chaise lounges by the window and enormous Jacuzzi
baths. The gracious interiors are matched only by the spectacular views of the
pristine lake and the splendid gardens.
There are ten comfortable, Air Conditioned rooms divided between the old
cottage and a new wing built by the present Maharaja of Jodhpur.
Maharani Bagh Orchard, Ranakpur
There are sixteen air-conditioned rooms, and with most of them on a twin
plan in a "cottage", Maharani Bagh is an idyllic family retreat, as indeed it
remains for the Royal Family of Jodhpur. Some of the rooms look on to the
swimming pool and the badminton and tennis courts are a short walk away.
The hills and forests around the royal estate abound with wild-life. Wild-
Boar, Sambhar and the Sloth Bear are commonly sighted and the fortunate
may get a glimpse of the elusive Leopard.
ROYAL TENTS
Only 135 km north of Jodhpur, Nagaur was once situated on the important
trade routes from the Arabian Sea ports to Delhi, and is one of Rajasthan's
most historic cities. A medieval prize Nagaur has borne witness to almost
every northern Indian dynasty of significance, including the mighty Mughals,
and was an integral part of Marwar from the 17th Century.
The Royal Camp at Nagaur is pitched on an old polo ground within the
historic walls of the Ahichattragarh Fort, a spectacular Rajput-Mughal
bastion that dates as far back as the 5th Century. The tents themselves are
stylish and luxurious, with attached baths, and the surroundings; a unique
complex of magnificent palaces, airy pavilions and intricate waterways; truly
magical. The Emperor Akbar visited Ahichattragarh more than once and to
dine at his Akbari Mahal with candlelight and live music is an experience
rare even for Rajasthan.
The Fair The best time to camp in Nagaur is during the famous annual live-
stock fair, second only to the Pushkar Fair; in fact, perhaps in some ways
superior to Pushkar because it is as yet "unspoilt". Thousands of camels
and horses, and the famed Nagori Bull, which of all the Indian strains most
resembles the one on the Mohenjodaro Seal, camp around the city which
becomes a veritable market those few days. It is Rajasthan at its best and
brightest.
Reception Department deals with customer convenience and any services that
customer needs.
Health and recreation department takes care that customer is satisfy with
recreational activity.
F & B Production Department looks after the kitchen and cafeteria and the
hygiene.
House Keeping Department deals with the cleanliness of the rooms and the
hotel. It also looks after the laundry services for the guests and the uniforms of
the department.
Income department
Expenditure department
F & B Controller
Store department
Work Structure
Recruitment
Recruitment is the process of searching for prospective employees and
stimulating them to apply for jobs in the organization in other words
Recruitment is the process to discover the sources of manpower to meet the
requirement of the staffing schedule $ to employ effective measures for
attracting that manpower in adequate number to facilitate effective selection of
an efficient workforce.
In JHPL the prospective employees are selected from colleges via campus
selection consultancies job websites on internet and through the applications
submitted by other competent people.
The employees are 1st sent a letter of interview mentioning the date time and
venue of the interview and also the essential documents to be carried along.
After that an interview is conducted by the management in which the
employee is judged on various parameters whether the candidate is best
suitable for the job or not.
Recruitment process has a very vital role. In order too retain the employees in
any organization it is very important that the Right man is at right place which
is the basic function of HR.
Recruitment of an inefficient person leads to dissatisfaction on the employee’s
part and it eventually leads to attrition.
After the employee has cleared the interview and found to be efficient for the
post than the candidate is given the letter of intent which mentions the date of
joining and the pay scale etc.
Once the employee joins then he is given the appointment letter. The
employee may be appointed on 3 ways
• Offer of training
• On Probation
• FTC (Fixed term contract)
Performance Appraisal
In JHPL the performance appraisal system is yearly. Every year there is a hike
in the salary of the employees. The amount of salary hike is not fixed but it
varies as per the rules.
Leave structure
Earned leaves as the name suggests are those leaves for which the
employee has payed.
The greatest challenge faced today by the organizations the world over is
retaining talented employees in the organization. A debate raging since many
decades has been as to whether to retain them is more important than finding
a successor to the vacant position. Whist the argument continues, let us
examine the causes, consequences and control of employee turnover, we
mean that employees of an organization cease to remain in the services of
that organization and leave for reasons best known to them.
Some of the causes/consequences could be classified as:
• Dissatisfaction parameter
Employees are dissatisfied with the salaries, perks and benefits offered by the
organizations they are currently in. They may also be dissatisfaction with their
bosses or find their jobs meaningless and unimportant as a result of which
their job satisfaction levels are very low. Further they may be dissatisfied with
career opportunities in the organization or even its personnel policies in
general As a consequence of the above employees leave to join other
organization, which satisfy their need. As the wheel of time moves along, they
find a third organization which offers to satisfy them even more. Thus they
change again i.e. they are perennially job-hopping from one organization to
another.
• Alternatives Parameter:
Here the employee leaves the organization in search of “greener pastures”
such as starting his own business joining the family business joining an
organization in a foreign country or even availing of the Voluntary retirement
Scheme of the organization and relaxing at home living off the interest
generated from fixed deposits and investment. An Interesting trend in recent
years has been that many managers leave industry to become consultants or
even faculty in management institutes or go abroad to complete their Ph.D. or
further studies. It is important to note here that the separation here was not
because of the dissatisfaction with respect to the present organization but
because of the other available alternatives and inclinations in that direction by
the employees. The consequence her is that the organizations some of these
employees are consultants on a retainer ship basis from time to time. This is
possible if and only if the separated employees are not always in a competitive
area of work.
• Personal parameter:
In this case, the employee choose to separate himself from the organization
because of the personal reasons such as ill-health, desire to return to the
native place for family reasons, the spouse is transferred and the current
organization has no branch in the new location and so on. In the Indian
context, women may have to give up their jobs post marriage to resettle
elsewhere in the country or even post- pregnancy. As some of the above
problems are more common with the women employees. many organizations
have an unwritten policy which is widely practiced i.e. to minimize employment
of women. This is a very unfair and biased policy and unfortunately many
competent and well-qualified women have had to suffer. But companies argue
that many women executives, even in today’s Indian context have to quit jobs
after marriage or pregnancy. It is best therefore not to generalize and treat
such cases on their respective merits
• Organization initiated parameter:
Let us realize that today recruitment has become both a highly specialized are
and a costly exercise too. Once an individual joins and organization, costs
incurred on him include Acquisition cost i.e. cost of recruitment, selection and
placement & Training costs i.e. induction, specialized training and on the job
training. Besides when he separates from the organization, the company
faces the cost of his position lying vacant besides having to pay his separation
pay and such dues.
Phase I
Phase II
Usually the second phase of the exit interviews should be conducted after the
employee who has separated has been paid all his dues and his accounts with
the company have been paid all hid dues and his accounts with the company
have been settled. This ensures that the separated employee provides candid
and unbi8ased feedback about the organizations procedures, poli8ci8es and
problem areas. All such feedback should be recorded on paper and circulated
to the top management. In order to ensure that a good discussion is possible.
The exit interview should be held in privacy and conducted by a senior
employee of the organization who is not there boss or departmental head 0f
the separated employee. If the feedback duly obtained by this method is
looked into seriously, this serves as a good raw data base through which
various irritants and lacunae in the organization could be eliminated.
In fact, the exit interview also has one more spin-off. If the employee parts
with a good feeling, he has a tendency to keep in touch with the separated
organization. Perhaps pavers a period of time, he would even like to come
back to his old organization. Some management is conservative and brands
the separated employee as a traitor but many other organizations welcome
him back.
Whilst critics argue that a continuous inflow and outflow of people into any
organizations keeps it healthy, care should be taken to ensure that the outflow
does not exceed the inflow. Further good employees should be retained a
developed to assume higher levels of responsibility in the organization. One
needs to remember that employee turnover is not a malady which exists in the
organizations. Hence necessary steps should be taken by an organization to
identify the causes and keep this turnover at an acceptable level, Retaining
talent and creativity is conducive work culture to facilitate performance to
ensure the organizations health & success.
Impact of Attrition
• Direct impact:-
• Indirect impact:-
Consequently organizations have tried their best to ensure that attrition is kept
below the industry average. “Today an employee is clear on his needs and
what he wants out of the job. This makes the function of employee life cycle
management more critical and one that requires more attention and focus. By
carefully tuning and aligning employee aspirations with the company’s overall
objectives, to a large extent, attrition can be substantially reduced,” Stated
Nair
Curbing the problem from the root stage; the top management should
continuously focus on the issue and implement effective recruitment and
retention measures
Research Methodology
Descriptive
SAMPLING
We studied the exit forms and captured the data from them to analyze the
major reasons of attrition in the organization. Thought we were not allowed to
conduct any climate survey in the organization, we interviewed the HR
professionals of various divisions. A specimen of the exit forms is attached in
the Annexure.
We studied 34 exit interview forms.
DATA ANALYSIS
This is quite below the industry average. However, the management at JHPL
is still worried as it is much higher when compared to the rate of attrition of
past few years. The increase in sudden movement of valuable employees out
of the organization has led the management to look into this issue
.
• Major Factors Responsible for Attrition
Amongst the reasons mentioned in the exit forms, following are the reasons
that occurred with maximum frequency:
1. Family/personal Reasons
2. Better Job Opportunities
3. Position
4. Career Change
5. Relocation
6. Salary/Bonus/Benefits
7. Work Culture
8. Health
9. Organizational Issues
10. Types of work/job skills
The propensity to change the line of job is found in the line of job is found in
the employees leaving he organization. This may be because the job is very
demanding and hazardous. It is also considered to be difficult due to the
remote locations.
A major issue that came up after studying the exit form was the non-clarity of
the job description and profile. A Finance manager, for example, was
assigned a job in Human Resource department with a promise of transfer to
the suitable profile later. The promise however wasn’t fulfilled. This is one of
the major causes of dissatisfaction among the employees. Also the profile
keeps on changing and there is no proper communication to the employee, all
this leads the employee to change the job for a similar but better opportunity.
Moreover JHPL is a small unit and is not a chain of hotels or a very big group
so the employees in order to get a good career growth also leave JHPL in
case they get a better opportunity. For Eg Oberoi groups, Tata group etc.
Organizational Issues
For any organization to flourish and to run smoothly it is important that good
relation is maintained between the superiors and the subordinates. In every
organizations some or the other organizational issues occur which results into
discontentment as a result of which the employee feel difficult to work with the
same boss and therefore leave the job.
Job Satisfaction
Location of the place of work is another important factor responsible for the
employees for leaving their job. People prefer that their place of work should
be located near to their residence. Moreover people prefer to work in an
organization which provides the accommodation facility.
Transfer
People leave the job if they are transferred to a place which is not suitable to
them. Transfer also leads to a complete change in the working atmosphere.
Change in any thing at once is resisted by all. This resistance to change
sometimes leads to attrition.
Salary
Money is the most essential thing for everybody in today’s scenario. People
leave for greener pastures. If the people are offered higher packages than
they leave the current job. However, it is not a major reason and the
organization’s pay philosophy is very much clear to the management and the
employees. JHPL does revise its pay structures regularly though.
These are the major reasons for the employees leaving their job at JHPL
• Career Growth.
• Liberal company policies
• Good relation with the superiors.
• Healthy working environment
• Direct communication
• Desirable location of the working place.
• Motivation by the bosses.
• Special care of employee welfare
• Regular and fair appraisal.
RECOMMENDATION
Here are those few requirements for building lasting loyalty and a strong
employee-employer relationship:
and hide, the best ones start looking. We can't tell you how many excellent
employees who are highly valued have left their employers because of
business uncertainty. No one expects assurances or guarantees; what they
hope for is an understanding of trends. Are things better, the same, or worse?
Are customers leaving? How is sales volume?
We recommend starting clubs and social groups within the company that work
and play together, some companies form college clubs for new college grads
that help them become oriented to the firm and meet other new hires. This
tends to raise the level of commitment they have to the organization and
reduces turnover,
There us nothing that we have written here that is new, Employee retention is
about applying the Golden Rule: do for employees what you want done for
yourself, it is 90% common sense.
Conclusion
As the study conducted I found that my topic attrition which I measure is not
high but ratio of leaving the people is increasing. People are leaving due to
better job opportunities, better allowances and culture. More formal retention
strategy or methods are needed to be developed to stop the exit of valuable
employees from JHPL Company should focus more on retaining the
employees.
Together, these four elements can provide you with a retention strategy
capable of producing amazing results. You may even have some of them
already in place, such as performance metrics and a communications process.
The key is to make sure you’ve integrated all four elements into a strategy for
retaining employees that’s grounded in a genuine commitment to serving your
customers and employees well over the long haul
What are the primary reasons for leaving
12% 17%
15%
27%
10% 12%
7%
Is your job and duty clearly specified?
43%
57%
opportunities that appear to be most attractive
and satisfying working at JHPL
9% 14%
17%
22%
28% 10%
The factors that appear to be least attractive
about your job
16% 15%
27%
30%
12%
Did you receive adequate training whil your stay
at JHPL
36%
64%
Were there any company policies or procedures
that made your work more difficult?
41%
59%
How do you see your opportunities to advance
within the company?
6%
26%
32%
36%
How did you feel about your workload? Was your
workload fair?
35%
65%
Did you feel discipline was fair in your
department?
14%
86%
Would you consider returning to this company in
the future?
47%
53%
What should be company's endeavour to retain
employees
13% 12%
10%
15%
16%
34%
Jodhana Heritage Pvt Limited
Exit Interview
HR Department
As you leave us we would like to ask you to share your respective on your
world work experiences at JPHL. We hope this information will not only help
JPHL to build on strengths, but also become more conscious of its needs for
improvements in specific areas. We commit to holding all of your responses in
strict confidence and will only use details gathered in summary report to study
trends.
Q1. What are your primary reasons for leaving?
a. Yes b. No
Q3. If “No” then specify any change or improvement required in your job
description, if any?
Ans __________________________________________________________
Q5. Mention the factors that appear to be least attractive about your job?
Q6. Did you receive adequate training while your stay with the company?
a . Yes b. No
Q7. Were there any company policies or procedures that made your work
more difficult?
a. Yes b. No
Q8. How do you see your opportunities to advance within the company?
a. Excellent ( )
b. Very Good ( )
c. Good ( )
d. Bad ( )
Q9. How did you feel about your workload? Was your workload fair?
a. Yes b. No
a. Yes b No
Q 11. Were there any company policies or procedures that made your work
more difficult?
________________________________________________________
a. Yes b. No
Q13. What should be the company’s endeavour to retain the employees?
Q14 Would you recommend this company to a friend as a good place to work?
a. Yes b. No
BIBLIOGRAPHY
Books:
Website:
www.jodhpurheritage.com/balsamand@dataone.in
www.CiteHR.com
www.towersperrin.com
Findng
Def atrr
Object
Topic