Professional Documents
Culture Documents
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PREFACE
The project reports on the topic “A Study fo Promotional Strategies in retail sector with spectial
reference to (Big Bazaar)”
This project report has prepared for the organization Big Bazaar. In which the problem in
Training and Development of employees has found, and some recommendation has given on the
basis of data analysis, program going on some of the executive participants & its effectiveness on
non-participant executives.
The purpose behind this research is to get an exposure of corporate world as well as
working culture by getting associated with research .If this report proves to be fruitful to
anybody/any organization by any means, I will consider my work worthwhile.
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EXECUTIVE SUMMARY
In spite of the theoretical knowledge gained through classroom and organization study in my
project I got that the basic problem faced my organization means Big Bazaar is employees moral
and attrition. I have work and search there one month as a Marketing trainee.
To find the basic problem of Customer Relationship and attrition. To find the attrition rate for
the current year at Big Bazaar and competitions from how much percentage of attrition is
increasing per annum. To ascertain the various reasons responsible for the attrition of staffs.
Increase the productivity of the organization can achieve their organization goal. To bring out the
strategies to retain manpower in the store. To attract more number of new employees and find
ways to sustain them in the company.
For my project I have done so many activities like direct interaction with employee, existing
interview, HR help and some internet guide.
The attrition rate was high in the Big Bazaar in the year of 2015. Because of lots of competition
is here after inflation lots of opportunities are available here and each and every person want
more and more salary than their ability. Every organization tries to negotiate with their employee
so they give less salary/wages to their employees.
Attrition have both good as well as bad effect according to employees when a prospective
employees leave the organization than it has negative effective and when a non prospective
employees leave the organization than it has positive effect so it is good under limitation but
when it become more than it has only bad effect.
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TABLE OF CONTENTS
1.
2.
INTRODUCTION 20-25
3.
4.
5.
7.
BIBLIOGRAPHY 100-106
8.
ANNEXURE 106-110
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CHAPTER – 1
INTRODUCTION
“Marketing is a social and managerial process by which individuals and groups obtain what they need and
want, through creating, offering and exchanging products of value with others”.
- Philip Kotler.
Marketing includes all those activities having to do with effecting changes in the ownership and
possession of goods and services. It is that part of economics which deals with the creation of time, place
and possession utilities and that phase of business activity through which human wants are satisfied, by
Marketing is the process of discovering and translating consumer wants into product and service
specifications and then in turn helping to make it possible for more and more of consumers to enjoy more
Marketing consists of analyzing marketing opportunities, researching and selecting target markets,
designing marketing strategies, planning marketing programs and organizing, implementing and
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Companies have to identify long and short term marketing opportunities and research the selected market
by measuring and forecasting attractiveness of the given market. Having selected the market, the
companies need to develop a differentiating and positioning strategy for the target market. The marketing
strategy must be transformed into marketing programs by deciding on marketing expenditures and the
marketing mix. The final step is organizing the marketing resources and implementing and controlling the
marketing plan.
Marketing Mix
Marketing mix is the set of marketing tools that a firm uses to pursue its marketing objectives in the target
market.
McCarthy has popularized a four factor classification of marketing tools known as the 4P’s of the
Product
Price
Place
Promotion
Product:
Product stands for the firm’s tangible offer to the market, including the product quality, design, features,
branding and packing. It deals with new product development, product life cycle, product mix, product
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lines, branding and associated services to a product. From the customer’s point of view, it helps in
Price:
Price is the monetary value of the product. Price deals with selecting the pricing objectives, setting the
price, discounts, allowances, payment policies and credit terms. It is very important to the customers as it
decides the cost the customer has to pay to gain the product value.
Place:
This marketing tool stands for the various activities the company undertakes to make the product
accessible and available to the customer. It involves market size, channel selection and management,
storage and physical distribution with the ultimate purpose of efficiently supplying the company’s offer to
the target market. To the customer, this marketing tool refers to convenience.
Promotion:
Promotion stands for various activities the company undertakes to communicate and promote its products
to the target market. It involves communication programs i.e. direct marketing, advertising, sales
promotions, public relations and motivation of sales force. To the customer this tool provides knowledge
and information.
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Advertising:
It is any paid form of non-personal presentation and promotion of ideas, goods or services by an
identified sponsor.
Direct Marketing:
It refers to the use of mail, telephone and other non-personal contact tools to communicate with or
Personal Selling:
Face to face interaction with one or more prospective purchasers for the purpose of making a sale
It refers to the variety of programs designed to promote and or protect a company’s image or its
individual products.
Sales Promotions:
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The short-term incentive to encourage trial or purchase of a product or service refers to sales
promotion. Whereas advertising offers a reason to buy; sales promotion offers an incentive to buy. Since
sales promotion directly push up the sales, increasing number of companies are undertaking sales
promotion activities.
Sales Promotion
Sales promotion refers to the short-term incentives to encourage sales of a product or service. It consists
of a diverse collection of incentive tools, mostly short-term, designed to stimulate quicker and greater
Sales promotion tools vary in their specific objectives. They may be used to attract new customers,
to reward loyal customers and to increase the repurchase rates of occasional users. Sales promotion
usually targets brand switchers because non-users and users of other brands do not always notice a
promotion. Sales promotions are thus also seen as a tool for breaking down loyalty to other products.
Sales promotions also let manufacturers adjust to short term changes in supply and demand and
differences in customer segments. They also let manufacturers to experiment by varying prices. Sales
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To use sales promotion, a company must set objectives, select the right tools, develop the best program
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Objectives of Sales Promotion
To know the effect of promotional strategies a consumer with special reference to Big Bazaar
Many tools can be used to accomplish sales promotion objectives. Descriptions of the main
Samples:
They are offers of a trial amount of a product. It consists of inviting prospective purchasers to try
the product without cost or at a lower cost in the hope that they will buy the product. Samples
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Coupons:
Coupons are certificates that give buyers a saving when they purchase a specified product.
Rebates:
Rebate is also known as cash refund offers. Rebates are offers to refund part of the purchase
price of a product to its customers who send a proof of purchase to the manufacturer. These
are like coupons except that the price reduction occurs after the purchase and not at the
point of sale.
Price Packs:
Cents-off deals or price packs offer consumers savings by way of reducing prices that are
Premiums:
These are the goods offered either free or at a low cost as an incentive to buy a product.
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Prizes:
They are offers of chance to win something such as cash, trips or goods – by luck or through extra
efforts. Contests of talent and sweepstakes or draws the most popular prize offering promotions.
Tie-in Promotions:
Tie-in promotions involve two or more brands or companies that team up on coupons, refunds or
Cross Promotions:
Advertising Specialties:
These are useful articles imprinted with an advertiser’s name, given as gifts to consumers.
Patronage Rewards:
They are cash or other awards for the regular use of company’s products or services. They are values
(in cash otherwise) that are proportional to one’s patronage of a certain vendor or a group of vendors.
PoP Promotions:
Point of purchase (PoP) includes displays and demonstrations that take place at the point of purchase
or sale.
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Trade Promotion Tools
More money is spent by companies on trade promotion (58%) than on consumer promotions (42%).
Discounts:
It is also known as price-off or off-invoice or off-list. Discounts price cut off the list price on a
Allowances:
They are the amount offered in return for an agreement by the retailer to feature the manufacturer’s
Free Goods:
Free goods are the extra merchandise offered to middlemen who buy a specific amount of a product.
Companies also offer push money and specialty advertising items to the middlemen.
Sales Contests.
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Clearly, sales promotions play an important role in the total promotion mix. To use it well, the marketer
must define the sales promotion objectives, select the best tools, design the sales promotion program,
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INTRODUCTION OF TOPIC
INTRODUCTION
In Human Resources context, Attrition means a reduction in the number of employees through
retirement, resignation or death is called Attrition. Attrition is also called total turnover or
wastage rate.
In another hand I can say that” how long employees tend to stay on the job in a company
that is called employees stability but when he leave that job or company for any reason that is
called Attrition”. Employee’s turnover is measured on for individual companies and for their
industry as a whole. If an employer is said to have a high turnover relative to its competitors, it
means that employees of that company have a shorter average tenure than those of other
companies in the same industry. Low attrition is profitable for any company but high turnover
can be harmful to a company’s productivity if skills workers are often leaving and the worker
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Employee’s satisfaction: -
The term satisfaction describes a positive feeling about a job, resulting from an evaluation of its
characteristics. A person with a high level of job satisfaction holds positive feelings about his or
her job, while a dissatisfied person holds negative feelings. When people speak of employee
Employee satisfaction is a measure of how happy workers are with their job and working
environment. Keeping morale high among workers can be of tremendous benefit to any
company, as happy workers will be more likely to produce more, take fewer days off, and stay
loyal to the company. There are many factors in improving or maintaining high employee
To measure employee satisfaction, many companies will have mandatory surveys or face-to-face
meetings with employees to gain information. Both of these tactics have pros and cons, and
should be chosen carefully. Surveys are often anonymous, allowing workers more freedom to be
honest without fear of repercussion. Interviews with company management can feel intimidating,
but if done correctly can let the worker know that their voice has been heard and their concerns
addressed by those in charge. Surveys and meetings can truly get to the center of the data
surrounding employee satisfaction, and can be great tools to identify specific problems leading to
lowered morale.
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Many experts believe that one of the best ways to maintain employee satisfaction is to make
workers feel like part of a family or team. Holding office events, such as parties or group
outings, can help build close bonds among workers. Many companies also participate in team-
building retreats that are designed to strengthen the working relationship of the employees in a
non-work related setting. Camping trips, paintball wars and guided backpacking trips are
versions of this type of team-building strategy, with which many employers have found success.
Of course, few workers will not experience a boost in morale after receiving more money. Raises
and bonuses can seriously affect employee satisfaction, and should be given when possible. Yet
money cannot solve all morale issues, and if a company with widespread problems for workers
cannot improve their overall environment, a bonus may be quickly forgotten as the daily stress of
If possible, provide amenities to your workers to improve morale. Make certain they have a
comfortable, clean break room with basic necessities such as running water. Keep facilities such
as bathrooms clean and stocked with supplies. While an air of professionalism is necessary for
most businesses, allowing workers to keep family photos or small trinkets on their desk can
make them feel more comfortable and nested at their workstation. Basic considerations like these
can improve employee satisfaction, as workers will feel well cared for by their employers.
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FACTORS AFFECTING ATTRITION
Role stress
Lack of independence
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1.1.2 JUSTIFICATION FOR CHOOSING THIS TOPIC?
Attrition is very important for every organization. But high Attrition is big problem for industries
basically in Retail and Information Technology industries. The attrition rate has been on the rise
for the past 5 years in Retail industries basically in Big Bazaar. According to my information in
year 2015.I have studies in Big Bazaar on Attrition and Satisfaction and I got the ration on
employees attrition in sharaganj Big Bazaar is 13% per months this is basic problem for
company. And I recognize that is this basic problem and challenge for management. Attrition
rate is very high in comparison with previous years. In most cases the employees who left were
absconders- who did not attend the exit interview and follow proper exit policy. Following which
the management had taken action by implementing employee’s engagement activities. Now, our
research would help in comparing it with the current year’s attrition rate and thereby reduce it by
analyzing the reasons contributing to it. After review of literature expert’s opinion (Store
managers of Big Bazaar Lucknow, Sharaganj and their HR managers), we have formulated the
The basic reason for Attrition is Employees dissatisfaction and there have various causes for
dissatisfaction. Employees leave / quit the job basically for salary, employee satisfaction; low
morale, work time is not so good or long works hours, high completion or it can be very low
completion which is de-motivate the employees, nature of work it can be quiet dangerous or not
good for health, best opportunity availed outside of organization, management of organization it
also a part of Customer Relationship because some time employees are not avail to cope or
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manage their self with management they are dissatisfy with that or leave the organization,
employees self steam and respect is very important for management if the salary of employees
are low and they get more respect than also they want to continue their job. These are the basic
These are the basic reason for choosing this topic so easily I can understand the Human Resource
Management because while this projects individually I meet most of employees and understand
the Customer relation and employees value how to maintain this entire thing.
Future Group believes in developing strong insights on Indian consumers and building
businesses based on Indian ideas, as well as “Wall mart” concept. Kishore Biyani is chairman of
future group. He always stays in consult with Wall Mart Chairman and accepts his business
strategy. Main vision and Mission of Future Group has been written bellow,
Company Vision:
The Vision Statement is a sentence or a short paragraph providing a broad, inspirational image of
the future. Big Bazaar wants to be no. 1 retail store in world. Now Big Bazaar is only in India but
It’s delivering everything, everywhere, every time for every Indian consumer in the most
Company mission:
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Mission Statements are sentences or short paragraphs written by companies, corporations or
businesses which reflect their core purpose, identity, values and principle business aims. Big
We share the vision and belief that our customers and stakeholders shall be served only by
creating and executing future scenarios in the consumption space leading to economic
development.
We will be trendsetters in evolving delivery formats, creating retail realty, making consumption
affordable for all customer segments for classes and for masses.
The worldwide country chain, Big Bazaar, is formed by CEO of Future Group, Mr. Kishore
Biyani. The group do not promises more than what it delivers. Their basic attraction associated
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Though, the products Big Bazaar stores stocks might not be advanced, but the customers are
assured to avail the worth of the money spent by them. In 2001, the group opened its first store
on the VIP Road, Calcutta, which was the primary departmental store offering regulated services
of parking, steel vessels, apparel, electronics etc under the one roof at the competitive prices. Big
Bazaar has become a massive hit with lower middle-class and middle class people as a major
client base.
At present, the Future Group comprises various formats and brands like Pantaloons, F123,
Copper Chimney, Etam, Staples, One Mobile, Urbana, Brand Factory, Loot Mart, Hometown
and Central. The Big Bazaar has several stores located all over the India, among that Uttar
Pradesh, Chennai, Hyderabad, Ahmedabad, Bangalore, Kolkata, Pune, MuBBAi and Delhi is
those metro cities where the stores of Big Bazaars are located.
needs and requirements. This retail store is a subsidiary of Future group, Pantaloons Retail India
Ltd. and is an answer to the United States’ Wal-Mart. Big Bazaar has released the doors for the
fashion world, general merchandise like sports goods, cutlery, crockery, utensils, and home
Big Bazaar group offers more than 100 stores all over the country with an amalgamation of
Indian bazaars’ feel and touch with a convenience and choice of the modern retail facilities. The
retail format of the Big Bazaar group includes Andhra, Rural & Home-Town retail chain, E-zone
home-improvement chain, sportswear retailer, depot and music chain is few among others.
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Online shopping: Big Bazaar has an official website, FutureBazaar.com, which is one of the
most favorite sites among people of India for online shopping. Future Bazaar is an online
business venture of Future Group, which sells an assortment of products such as fashion, which
includes merchandise for men and women, mobile accessories, mobile handsets and electronics
like home theatres, video cameras, digital camera, LCD TVs, kitchen appliances and many more.
Discounts: “Hfte ka sabse sasta din was introduced by the Big Bazaar, wherein extra and
special discounts were offered on Wednesday every week, to attract the potential buyers
Security check: At each exit of Big Bazaar, they use alarm systems or Electronic Article
Surveillance system, which detects the products that has attached tags or not
Big Bazaar:-
Industry Retailing
Founded India
Headquarters MuBBAi
Discount Stores
Products
Supercenters
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Parent Future Group
Website Pantaloon.com
Big Bazaar, the flagship retail chain of the Future Group, is on the verge of achieving a unique
milestone in the History of World Retail – by being the first hypermarket format in the globe to
Mr. Kishore Biyani said, “We initially decided to name the format as “Bazaar” because
we had designed the store keeping the Indian mandi style in mind. Since the size of the
hypermarket was big than an average mandis, the thought came to name it as “Big
Bazaar”. However, we had freezed on the punch line “Isse Se Sasta Aur Achha Kahi
Nahi” much before we met the creative agency to design the final logo of Big Bazaar.”
Though, Big Bazaar was started purely as a fashion format including apparel, cosmetics,
accessory and general merchandise, the first Food Bazaar format was added as Shop-In-
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Shop within Big Bazaar in the year 2002. Today, Big Bazaar, with its wide range of
Says Rajan Malhotra, President, Strategy & Convergence, Big Bazaar, “What is
important in our journey is not the number of stores, but the customers’ faith in us. It’s
the India and the Indians, which have helped us, reach this feat in such a short time span
and today our country is creating a history in the World organized Retail.
Every Big Bazaar is a small family by its own and the head of the family – Karta – is the
store manager. Kishore Biyani, the CEO of the Future Group, has a vast understanding of
the consumer’s insight, has inculcated the habit of ‘observing, understanding customers
Big Bazaar is a chain of hypermarket in India, which caters to every family’s needs and
requirements. This retail store is a subsidiary of Future group, Pantaloons Retail India
Ltd. and is an answer to the United States’ Wal-Mart. Big Bazaar has released the doors
for the fashion world, general merchandise like sports goods, cutlery, crockery, utensils,
Big Bazaar group offers more than 101 stores all over the country with an amalgamation
of Indian bazaars’ feel and touch with a convenience and choice of the modern retail
facilities. The retail format of the Big Bazaar group includes Andhra, Rural & Home-
Town retail chain, E-zone home-improvement chain, sportswear retailer, depot and music
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In Big Bazaar there have 4th floor and six departments are which are dealing with the following
1. Food Bazaar:
As this department is the soul of the store, Big Bazaar has several categories within this
department itself. This department has a surface area is approximate 800 square feet. This
Non-food
International Food
Staples
Food
2. General Merchandize:
Home Fashion
Home Section
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The home section has two major sections Plastics and Crockery (PC) amount to one section and
Utensils (U) and New Business Development (NBD) from the other major part. The new
Business Development section have items that are more affluent in nature and are part of Kishore
Biyani’s “Indian one” customers segment. This section sells luxury products like watches,
sunglasses, auto accessories, and in Home Fashion Furniture, luggage, stationeries goods.
3. Apparels:
Ladies wear-Ethnic wear (Saris, Kurthas, and Dress Materials) and Western wear.
4. Wellness department:
This department comprises of cosmetics and a pharmacy-Fit and healthy. Fashion and
Fashion shy
5. Additional Business:
Food court
Nawarash
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Kala-mandir
Music world
REVIEW OF LITERATURE
REVIEW OF LITERATURE
cautioned industry experts at a retail conference organized recently by the Indian Retail Forum.
Experts emphasized on companies first concentrating on supply chains and logistics before going
“Retail is not about making money, it’s about creating consumer choices benefiting them and
finally ensuring consumer satisfaction. India has tremendous potential and it is up to the retailers
to leverage upon it which can only be achieved by understanding the consumer and the market,”
Bakshi further said that high attrition rate is a cause of concern among the retailers as they are
not making enough investments for providing proper training to the employees.
"McDonalds faces as high as 83 per cent attrition rate but the company manages the problem
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Human capital management is a challenge for any IT manager or line of business manager in
today's troubled economy. Acquiring, maintaining and promoting key talented employees are
especially difficult in today's marketplace, where financial and corporate resources are stretched
thin. Yet managers who think they can take key employees for granted usually learn this isn't the
case--and they learn this lesson the hard way. Ziff Davis Enterprise Senior Vice President of
Community & Content Stephen Wellman speaks with Bill Larkin, Principal at Executive
On the fast food chain's expansion plans in India, Bakshi said McDonald's will open close to 45
It may be mentioned that a study released by realty consulting firm Jones Lang Lasalle Meghraj
early last week had warned of a shakeout in the retail industry due to problems faced by players
The conference witnessed participation from as many as 250 CEOs of major retail chains that
The event also saw participation from retailers like the Future Group, Shoppers' Stop, Spencer's,
The conference focused on various issues regarding the existing retail and distributional
India's retail sector is likely to create 2.5 million jobs by 2015, according to an Associated
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3.2 Literature Search:
Normal and uncontrollable reduction of a work force because of retirement, death, sickness, and
relocation. It is one method of reducing the size of a work force without management taking any
overt actions. The drawback to reduction by attrition is that reductions are often unpredictable
Noun:-
resignation, or death.
4. Repentance for sin motivated by fear of punishment rather than by love of God.
5. We believed the decline in attrition is a result of the current economic conditions, as well
3.2.3. Attrition
(-trshn)
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2. A gradual diminution in number or strength because of constant stress.
or death.
4. Repentance for sin motivated by fear of punishment rather than by love of God.
1. The act of wearing away or the state of being worn away, as by friction
2. Constant wearing down to weaken or destroy (often in the phrase war of attrition).
3. (Business / Industrial Relations & HR Terms) also called natural wastage a decrease in the
size of the workforce of an organization achieved by not replacing employees who retire or
resign
4. (Earth Sciences / Physical Geography) Geography the grinding down of rock particles by
Attrition (əˈtrɪʃən) -N
1. the act of wearing away or the state of being worn away, as by friction
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2. constant wearing down to weaken or destroy (often in the phrase war of attrition )
3. Also called: natural wastage a decrease in the size of the workforce of an organization
4. geography abrasion Compare corrosion the grinding down of rock particles by friction during
5. theol sorrow for sin arising from fear of damnation, esp. as contrasted with contrition, which
[C14: from Late Latin attrītiō a rubbing against something, from Latin atterere to weaken, from
there’re to rub]
3.2.6. Attrition
Physical wear
Attrition (dental), the loss of tooth structure by mechanical forces from opposing teeth
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Attrition (weathering), the wearing a way of rocks in the sea
Attrition warfare, the military strategy of wearing down the enemy by continual losses in
Language attrition, the loss of a first or second language or a portion of that language by
War of Attrition, a limited war fought between Egypt and Israel from 1968 to 1970
Attrition is one of the most serious concerns of the organizations today, irrespective of the
industry in which they are operating. Attrition is all about people leaving organizations with the
slightest provocation and having no respect and commitment to the company in which they are
working.
This article is aimed at analyzing the employee attrition and on how to coBBAt the same in the
organizations.
1. Internal networking of employees must be encouraged to create team spirit across the
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2. Performance goals must be defined clearly with updated job description. Resourceful
3. Professional development is always aimed at future. As Indians are natural learners, the
organizations should take advantage of this trait and help them for overall development of their
4. Managers must try to manage relations with their subordinates at personal level to get the
things done and to enhance productivity of each employee. At the same time, they have to
maintain 'detached attachment' with the employees and not to indulge in any kind of emotional
relationship.
5. How rewards are awarded? The Rewards Policy must be transparent and this should be
6. Employees are bound to discuss their salaries with their colleagues. If there is any inequality
7. Goals are not realistic to explore the latent talent of the individuals and to leverage their
competencies for the benefit of the organization. This is another potential problem HR has to
8. If the succession planning is not in place, then one has to inevitably go for external talent hunt
when there is a need of senior positions to be filled. If they are valued high, then you will have
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9. You have to communicate monetary benefits to the employees, offered from time to time. The
importance of non-monetary rewards should not be ignored and managers have to be trained in
10. People have to be made aware of their career path and how they can grow within the
organization? People have understood the competencies which they have to acquire to move
employees KSAs (Knowledge, Skills and Attitude), people may leave without notice.
2) Management: Employee relations management is most important function, which has to help
the people to concentrate more on their task on hand and to become result oriented.
Average head count divided by resigned employees of current month X 100 = attrition rate
Conclusion
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How to manage Attrition?
2. Create opportunities for employees: The Company has to create growth opportunities for
3. Engaging employees: Employees must be engaged on continuous basis and they should not
get bored with their work, which can be managed through internal transfers and training from
time to time.
4. Review recruiting practices: Selection and Recruitment policies must be reviewed to suit the
the technical expertise of the employees will help organization grow without much problem of
attrition.
6. Career Path for employees: Employee career path must be declared during the recruitment
7. Feel Valued in Organization: Non-financial rewards, a pat on the back in time and celebrating
small achievements with great fan-fare will help employees feel valued in the organization.
8. Contact with Senior Management: Senior Management should address employees periodically
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9. Feel Part of the Company's Mission: The Company's mission must be reiterated from time to
10. Attendance: Policies with regard to attendance must be creative and flexible.
11. Educate employees on their impact: Educate employees regularly on what kind of impact
12. Flexibility: Immediate bosses, middle level managers must be flexible and act as Chief
The author is a HR Professional and trainer and at present he is associated with imam consul
Job satisfaction refers to a person’s feeling of satisfaction on the jobs, which acts as a motivation
The term relates to the total relationship between an individual and the employer for which he is
paid. Satisfaction does mean the simple feeling state accompanying the attainment of any goal;
the end-state is feeling accompanying the attainment by an impulse of its objective. Job
dissatisfaction does mean absence of motivation at work. Research workers differently described
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Hoppock describes the factors contributing to job satisfaction of Psychological, physiological
and environmental circumstances that cause any person truthfully to say that I am satisfied with
my job
In another hand
Job satisfaction is defined as the “pleasurable emotional state resulting from the appraisal of
one’s job as achieving or facilitation the achievement of one’s job values.” In constant, Job
dissatisfaction is defined as “the unpleasurable emotional state resulting from the appraisal of
one’s job as frustration or blocking the attainment of one’s job values or as entailing disvalues.”
However, both satisfaction and dissatisfaction were seen as “a function of the perceived
1) Job satisfaction refers to a general attitude which an employee retains on account of many
1) job satisfaction,
There are different factors on which job satisfaction depends. Important among them are
discussed hereunder.
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They include workers’ sex, education, age, marital status and their personal
These factors have recently been studied and found to be important in the selection of
employees. Instead of being guided by their co-workers and supervisors, the skilled
workers would rather like to be guided by their own inclination to choose jobs in
consideration of ‘what they have to do’. These factors include: the work itself,
conditions, influence of internal and external environment on the job which are
They include the nature of supervision, job security, kind of work group, wage rate,
responsibilities. All these factors greatly influence the workers. Their presence in the
Though performance and job satisfaction are influenced by different set of factors, these two
can be related if management links rewards to performance. It is viewed that job satisfaction is
a consequence of performance rather than a cause of it. Satisfaction strongly influences the
satisfaction or dissatisfaction forms opinion abuts the hob and the organization which results in
employee morale.
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3.4. Data Evaluation:
Examples
The inclusion of the latter group in the definition of attrition is somewhat problematic,
though.
—Durangoherald.com
This means that in a 500 agent center with 50 percent attrition is losing $1.4 million per
—http://news.tmcnet.com
In spite of my general skepticism of Wars on X, I think that the goal is a worthy one; a
certain attrition rate for public universities is healthy and necessary, but the reasons for
that attrition should be related to academics and maturity rather than to economics
Brokerage combinations often result in attrition, and the joint venture will need to focus
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—Financial Technology Network
Between recruitment and re-training, attrition is not good for the city.
where attrition is kept at a level pace and salary expectations are competitive.
—http://www.globalservicesmedia.com
Agent attrition is reduced because they have a better feeling of competency and success.
—Web Wire
Forcing the Liberals into a war of attrition is my own view of strategy, not that of anyone
else.
If Merrill's thought here is that cutting bonuses won't have any affect in attrition, they're
wrong.
—Deal breaker
where attrition is kept at a level pace and salary expectations are competitive.
—http://www.globalservicesmedia.com
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Notice how that changed after wiping out the little guy … cheap products with built in
"While development pipeline attrition is normal ... the attrition rate normally
—Kansas City Business News - Local Kansas City News | Kansas City Business Journal
In the fan aspect, you're seeing a lot of cars and teams where the part attrition is up when
you can see the cars run hard to a thousand foot without hitting the rev limiter.
—Motorsport.com: news
As I previously mentioned, despite the slight increase in attrition, the U.S. residential
In terms of the pickup in attrition, what are you hearing about the driver of that?
But, yes, bringing the perks on par with other bigwigs will bring down the attrition level
to some extent, thou we all do understand that attrition is not a big problem for
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—TechCrunch
As far as voluntary attrition is concerned, I think our own assessment is that going
forward we would see the downward trend on voluntary attrition, and at least our guess is
The authors contend that professional bodies and veterinary schools could consider
well-being of veterinarians and possibly reduce the attrition from the profession.
—http://www.pr-inside.com
This way I can say that employee attrition and satisfaction both are enter related to each other.
I would like say that Customer Relationshipmean when organizational product and productivity
will increase, there should be effective relationship, better co-ordination, and co-operation and
proper engagement in the work and responsibility that means there have high employee’s
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Employees Attrition means when employee of organization leave there companies or
Employees’ attrition and satisfaction is very important for any organization because
Organization and company get right and proper Manpower at the right time who have more
enthusiasm and who are so motivate for their individual goal and Organization goal.
Method 1:-
While there are many techniques for calculating the cost of turnover, the following is one of the
best. It takes into account expenses involved to replace an employee leaving an organization.
A. Recruitment cost:-
the cost to your business when hiring new employees includes the following six factors plus 10
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Re-location costs, if any n Training/ramp-up time
Background/reference screening.
Additionally, for the positions that are billable, there is a lost opportunity cost. This can
orientation. This will mean direct and indirect costs, and can be largely classified under the
following heads:
Training materials
Technology
Employee benefits
Trainers’ time.
C. Administration cost:-
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Set up the new hire’s workspace
productivity cost, estimate the average amount of time it takes an employee in a new position to
get up to speed and produce at the average rate for the organization. If it takes a new employee
six months to reach average productivity, the average productivity loss is 50 percent. Use your
The result of these costs (and an additional 10 percent to cover other hiring costs such as
background checks, credit checks, drug screening, and other administrative costs) can give you
Cost of hiring employees (hard and soft costs) + Cost of training and developing new employees
Method 2:-
Some organizations calculate it at 150 percent of the yearly salary of the exiting employee. For
managerial and sales positions, the cost can go up to 200-250 percent of the yearly salary of the
employee.
Method 3:-
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Another way to estimate the cost impact of turnover on companies is to look at the total
Again, using conservative estimates, for a company with the total compensation costs at this
average, an average rate of employee turnover of 25 percent and the cost associated with
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RESEARCH METHOLOGY
There have basically two types of Objective for which purpose I have chosen this topics.
To find the attrition rate for the current year at Big Bazaar in Sharaganj and
organizational goal.
Increase the productivity of the organization can achieve their organization goal.
To attract more number of new employees and find ways to sustain them in the
company.
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What are problems Big Bazaar facing, how much is it good/bad for any
organization.
How can improve moral and reduce Attrition rate in organization so they can
2.3.1. Observation:-
The research had several limitations in the data collection phase since left employees
Since the questionnaire involved the collection of responses from the assistant
department managers and leaders on the reasons of their subordinates exit, the
Some or the team leaders feared giving responses pertaining to career growth, as
they felt that their information might reach their superiors. However on promising
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their confidentiality of their views and responses, open and candid opinions
poured up
especially those rotated to ordinal scale, which involve raking factors as per the
As the figures and data of attrition, given by the company involved Staff transfers
within the internal departments, the list had to be re-checked and worked with the
store HR.
Since the HR manager of one of the branches had just five months experience, he
had difficulty in collecting the past records viz. as the headcount of various
Research design:-
I have used both kind of data Primary data and Secondary data. Which is more than enough for
this project? The method and mode used for collecting these data are explained below.
Primary Data: -
For primary data I have direct survey/contract with Employees and taken support from
management so employees of organization help me for this project and I have questionnaire.
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Secondary Data:-
The secondary data I have collected from Internet, books and Journal, office web sites, and HR
RESEARCH INSTRUMENT:
Questionnaire:
The Questionnaire is prepared in an organized and thorough manner and reframed accordingly
after considering all the required aspects of the attrition analysis, using last year’s data. The scale
ranges from a score of 1 for “Strongly Agree” to a score of 5 for “Strongly Disagree”.
The factors which were taken into consideration for the attrition analysis survey are as follows;
Employee moral
Communication
Grooming stander
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2.5. SAMPLING DESIGN:-
2.5.1. Population:-
Population taken for the study is the Assistant Department Managers (ADM) and team leader of
Big Bazaar.
Since the company required responses from all the ADMs and team leaders, the sample size for
After data collection, statistical tools are used for analyzing the data and results are obtained.
From the obtained results, findings and suggestions can be done. The statistical tools used in this
Friedman Test
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Simple percentage analysis
The Preliminary analysis comprises of analysis of attrition from secondary data which was
obtained from the SAP Database, which was then classified based on three factors:
2. Last six months attrition analysis (Aug’14 to Feb’15) was done as per company
requirements.
3. Yearlong attrition analysis (Jan’14 to Feb’ 15) was done to get an overall perspective of
Attrition formula:
The approach to this calculation might vary from organization to organization. While a few
-----------------------------------------------------------------------------------------
(Total Number of employees at the beginning of the month + total number of new joiners - total
number of resignations)
-------------------------------------------------------------------------------------
(Total Head Count at the beginning of the month) + (Total New Hires)
-------------------------------------------
-------------------------------------------------------------------------------------
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Attrition Head count Newly Joined Attrition%
Year (2014)
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43
40
35
30 32
27 28 28 29 27
24 25 26
23 23 23 23 22 23
18
10 12 11
9
13.50% 10.95% 10.36% 11.67% 12.24% 7.14% 12.36% 10.72% 10.86% 14.22% 16.33% 15.93%
Inference:-
From the above calculation we have determined that the current monthly attrition rate is 12.19%,
to 14)
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December 14 111 20 12.61
4 3.5
3 2.8
3 2.4 2.5
2 2 1.8
2
0
Category 1 Category 2 Category 3 Category 4
Table: 5.1.2 Monthly Attrition Analysis at Big Bazaar at the Big Bazaar Faizabad Road
Inference:
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From the above calculation we have determined that the current monthly attrition rate is 13.07%,
this amount to approximately 50% annually. This is very high for the retail sector and thus the
January 3 29 18 6.38
February 3 32 17 6.12
March 2 37 18 3.64
April 6 33 16 12.24
May 3 34 20 5.56
June 1 33 9 2.38
July 1 33 16 2.04
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5
5 4.3 4.4 4.5
4 3.5
3 2.8
3 2.4 2.5
2 2 1.8
2
0
Category 1 Category 2 Category 3 Category 4
Inference:
The Attrition Rate for Big Bazaar phoenix United Mall unit is 5.48%. From the trend we can see
that attrition is on a decline. But this inconclusive as more data from ensuing months are
required. Since this store was inaugurated only in June the date from August is furnished above.
My analysis is basically base on the Questionnaire and Interview, from where I got enough
information. Apart from this my store HR MS. Neeraj and my friends who were in another Big
Bazaar branch also gave me his precious time for complete this project in very effective way.
Conceptual Framework:-
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The sample population of Big Bazaar was given the Questionnaire; they were then required to
fill it after due consideration from their sub-ordinate and according to their experience in the
Thus the Questionnaire was framed to include such parameters such as employee morale, career
growth, work environment, communication, company policies, training and compensation. The
above mentions factors were framed in the 5 point interval scale. According to literature review
‘People leave the organization because of their superiors/supervisors and not the organization”.
Therefore we have included in our study the managerial aspects that influence a person from
Employee satisfaction surveys help employers measure and understand their employees'
because satisfaction is basically a psychological state, care should be taken in the effort of
quantitative measurement, although a large quantity of research in this area has recently been
developed.
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The usual measures of employee satisfaction involve an employee satisfaction survey with a set
of statements using a Likert Technique or scale. The employee is asked to evaluate each
statement in term of their perception on the performance of the organization being measured
Survey:-
Employees work well together to solve problems and get the job done.
personal life.
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What changes, if any, do you feel need to made in your department to improve working
conditions?
What changes, if any, do you feel need to be made in the company to improve working
conditions?
The surveys of this type provides an understanding how the employee perceives the organization.
Employee
percentage
Strongly agree 4 8 8 8
Agree 20 40 40 48
Neutral 15 30 30 78
disagree 11 22 22 100
50 100 100
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Percent
14% 10%
Strongly agree
Agree
16%
30% Neutral
Disagree
Strongly disagree
30%
Inference:
From the total respondents 8% who are strongly agree with organization and 40% agree, 30%
Neutral who do not have any idea about Job, and 22% employees of organization who are
disagree with it they say there have no any large picture of the organization in Job.
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Frequency
Strongly agree Agree Neutral Disagree Strongly disagree Total
5 15
50 15
8
7
Inference:
From the total respondents 10% of respondents are agree that the organization accommodates
their personal needs and 30% only agree with that and 30% respondents do not any proper idea
for that and 16% disagree with that but 14% strongly agree with that they say organization not
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frequency percentage Valid percentage Cumulative
percentage
Strongly agree 14 28 28 28
Agree 27 54 54 82
Neutral 7 14 14 96
percent
Strongly agree 8 16 16 16
Agree 15 30 30 46
Neutral 12 24 24 70
Disagree 15 30 30 100
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Frequency
Strongly agree Agree Neutral Disagree Total
3%
12%
8%
50%
27%
Inference:-
From the total respondents 8% of the respondents are agreeing that. There are a spirit of co-
operation among staffs and 15% are only agree with that concept, and 12% employees are
neutral with their idea because they do not interest in this aspect and15% of employees are
percent
Strongly agree 4 8 8 8
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Agree 21 42 42 50
Neutral 13 26 26 76
Disagree 8 16 16 100
Target in Percent
Strongly agree Agree Neutral Disagree Total
3%
12%
8%
50%
27%
Interference:
From the total respondents 22% respondents are agree with target which is given by company
because it motive organization employees and force them to perform well,4% respondents are
strongly agree and 14% respondent have not any idea for this and 8% respondents are strongly
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Frequency Percent Valid percent Cumulative
percent
Strongly agree 7 14 14 14
Agree 25 50 50 64
Neutral 10 20 20 84
Disagree 8 16 16 100
Frequency
Percent
Strongly agree
Agree
Neutral
Disagree
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Inference:
From the total respondents 14%respondents are strongly agree with workload distribution, and
50% respondents are just agree with this concept they say is helpful for organization and as well
as employee but 20% of respondents do not have clear idea about that and there are neutral with
this concept and 16% respondents are strongly disagree with that and they say it just increase
percent
Strongly agree 3 6 6 6
Agree 12 24 24 30
Neutral 8 16 16 46
Disagree 27 54 54 100
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Frequency
Strongly agree
Agree
Neutral
Disagree
Total
Inference:
From the respondents only 6% respondents are strongly agree with working time, 24% are just
agree with that but 16% respondents do not have proper idea with that and 54% respondents are
percentage
Strongly agree 20 40 40 40
Agree 20 40 40 80
Neutral 4 8 8 88
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Disagree 6 12 12 100
Frequency
Strongly agree
Agree
Neutral
Disagree
Total
Inference:
From the total respondents 40% of the respondents are strongly agree that attrition is influenced
by their difficulty in adapting to the organization and 40% are just agree with them and out of
80% only 8% respondents are neutral with this concept and 6% respondents are not agree with
this they say in attrition organization difficulty is not play any role.
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Frequency percentage Valid percentage Cumulative
percent
Strongly agree 15 30 30 30
Agree 8 16 16 46
Neutral 20 40 40 86
Disagree 7 14 14 100
Frequency
Strongly agree
Agree
Neutral
Disagree
Total
Inference:
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From the total respondents 30% of the respondents strongly agree that communication amongst
the staff and floor manager in this store is effective and 40% are neutral and 14% are disagree
with this.
percent
Strongly agree 7 14 14 14
Agree 15 30 30 44
Neutral 19 38 38 82
Disagree 9 100
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Frequency
Strongly agree
Agree
Neutral
Disagree
Total
Inference:
From the total respondent 7% respondents are strongly agree with company policies and only
15% respondents are agree with their company policies and 19% respondents are neutral with
company they say they do not have any idea with policies and 9% respondents are disagree with
company policies.
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Frequency percent Valid percent Cumulative
percent
Strongly agree 5 10 10 10
Agree 24 48 48 58
Neutral 10 20 20 78
Disagree 11 22 22 100
Frequency
Strongly agree
Agree
Neutral
Disagree
Total
Inference:
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From the total respondents 48% respondents are agree that the office has policies supportive to
the staff and 20% are neutral and 11% of respondents are disagree with the policies and only
percent
Strongly agree 10 20 20 20
Agree 20 40 40 60
Neutral 10 20 20 80
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frequency
Strongly agree
Agree
Neutral
Disagree agree
Total
Inference:
From the total respondents 20% of respondents are strongly agree that there sub-ordinates
received a through orientation about job and office when they joined and 20% are neutral on that
and 20% are strongly agree for that and 20% are disagree for that.
percent
Strongly agree 4 8 8 8
Agree 11 22 22 30
Neutral 13 26 26 56
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disagree 16 32 32 88
Strongly 6 12 12 100
disagree
Strongly
compensation agree
0% 2%
Disagree
22% Agree
32%
Neutral
44%
Inference:
From the total respondents 8% of the respondents are agree sub-ordinates received a through
orientation about their job and office when they joined and 22% are only agree with
compensation which is paid to them and 26% neutral they say they do not have proper idea
regarding their compensation, 32% respondents are disagree with it and 12% respondents are
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2.4. Major reasons for attrition-Freidman’s Test:
By means of Friedman’s test we have determined the top 5 reasons for attrition and the following
are the results of this test. The top reason cited for attrition has been selected as the independent
Marriage 6.34
Sickness 6.34
Leave 5.32
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5.5.1. Is ATTRITION important to your organization?
Employee attrition costs 12 to 18 months’ salary for each leaving manager or professional,
and 4 to 6 months' pay for each leaving clerical or hourly employee. According to a study by
Ipsos-Reid, 30% of employees plan to change jobs in the next two years. Do the math and
Although employee turnover can help organizations evolve and change, an American
Management Association survey showed that four out of five CEOs view employee retention
as a serious issue for organizational success. If managers know the real causes of attrition,
managers can control attrition and retain employees. Each retained employee can save money
Most employees leave their work for reasons other than money – and your organization can
correct these reasons. Most leaving employees seek opportunities that allow them to use and
develop their skills. Leaving employees want more meaning in their work. They often
indicate that they want to use their qualities and skills in challenging teamwork led by
capable leaders.
Managerial staff cite “career growth” and “leadership” as the major factors that
“ability of top management” “use of skills and abilities” and work/family balance
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Professional employees cite concerns about “supervisory coaching and counseling,”
Clerical employees voice concerns such as “type of work,” “use of skills and
Hourly employees notice whether they are treated with respect, have capable
New employees who attend a positive orientation program are 70% more likely to be with
5.5.4. Mergers/Acquisitions
Lee Hecht Harrison, a HR consulting firm, advises, "Far more employees will leave
following a restructuring than are laid-off or terminated as a result of downsizing. This lost
abilities.
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High employee turnover can be recognized and properly attributed to poor managerial
A Workforce Magazine article, "Knowing how to keep your best and brightest," reported the
results of interviews with 20,000 departing workers. The main reason that employees chose
to leave was poor management. HR magazine found that 95 percent of exiting employees
Help new employees feel comfortable as they participate as valued team members
We can help you adjust your company vision and manager's performance reviews to reflect
managers.
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Provide relationship coaching and help people develop to their potential
Reward managers for their relationship skills - not only on technical know-how and
financial results
People don’t leave jobs, they leave managers! Replace managers who will not
We can help you communicate. Most employees want to know more about their work. We
can explain each process and help employees understand the importance of their work. Your
employees will become more knowledgeable about their effectiveness. Here are a few ways
...
Compliments and thanks cost little and can bring great benefits
Keep employees informed - don't let them hear important news through rumors
Publicly praise what the employee has accomplished and say why it was important
Criticize privately about what the employee can do better and explain how to do it
better
Create community with activities such as informal meals or events outside work
Titles cost little and remind employees that they are valuable
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How to Calculate Employee Turnover:-
In our first post on the costs of employee turnover, you learned why hanging onto your
In part 2, I will show you some twists and variables on those calculations that you must
make to see the full picture that employee turnover in your organization is telling you. I will
also cover a few of the many variables that can affect your turnover rate and affect how you
Beyond just looking at your overall employee turnover rate, taking the time to look closely at
certain segments of your organization will provide you even more insights into your
organization’s health.
For example, you could focus on employees who leave in the first-year of employment. From
hiring to firing to replacement, losing employees in the first year can be costly.
sourcing (how you find applicants and how they find you)
interviewing
hiring expenses
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training the new employee
unemployment compensation
As a side note, effective orientation programs in the first several months after a hire have been
proven to have a direct, positive impact on the employee’s choice to stay with the organization.
turnover. This turnover calculation can be used to learn more when employees leave in their first
year.
To calculate monthly employee turnover rates, divide the number of employee separations in one
month by the average number of active employees at the worksite during the same period. We’ll
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For example, let’s say we lose four employees out of 200.
That gives us an employee turnover rate of 20 percent. What if we repeated this employee
turnover calculation to highlight the turnover rate just in the new hires, not in the whole
Ques. How to Calculate Employee Turnover Rates within the First Year?
Have you wondered if employees leaving in less than 12 months have a bearing on your
business? What about on your business practices? You can learn both by learning about first year
employee turnover.
To compute this, divide the total number of employees who leave in less than one year by the
Now to pull numbers into our formula for first year employee turnover:
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Ques. What Can Employee Turnover Calculations Tell You About Your
Organization?
How do 26.7 percent first-year employee turnover rates compare to the industry standard, or to
your local area? If it is consistent with those measures, your organization may be fine.
The following questions and answers will be important to note and act on, regardless if 26.7
If 26.7 percent is higher than your overall employee turnover rate, the industry standard,
or the standard turnover in the area, you might want to review your selection or on-
boarding process.
For instance, what questions were asked when the employee was hired? Did the questions relate
to the job? If not, they may have set up the application for the job to be quite different than the
Did those who sorted applicants by their responses understand what skills the job
required? Did they end up looking for or finding the wrong things?
Did the employee get an orientation? Was the employee made to feel comfortable in the
How did the existing workforce interact with the new employee? With acceptance and
assistance, or with a cold shoulder? How did the supervisor react to that? Did the
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supervisor take any steps in response to the workforce interaction with the new
employee?
Inference:
From the Freidman’s ranking method, the top 5 reasons for employees leaving the company, as
1. Less salary
5. Lack of co-operation
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It is also critically important to recognize that, when employees indicate the intention to leave,
they generally do- this means that attrition can be predicted through survey measurement, which
gives employees an important “window of opportunity” to foresee and address talent loss within
specific departments so as change the environment that is causing employment that is causing
employees to leave.
FINDING
Sharaganj Branch:
The attrition rate was high in the Big Bazaar Sharagan4 in the year of 2011. Because of lots of
competition is here after inflation lots of opportunities are available here and each and every
person want more and more salary than their ability. Every organization tries to negotiate with
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The Attrition rate for the year is approximate 13%. In general, the staffs selected for job roles
require a PUC graduation or lesser, their need for change to a different job role. So. They have a
lot of options and opportunities to choose within and outside the industry. So, it was found that
in this store staffs had work experience of a completely different job role in the past and
therefore they so not mind shifting to a different one as wider options exist.
Draw the organization structure for People Office in Big Bazaar and write in brief about the roles
Human capital is considered to be the most valuable asset in any organization. People need to be
nurtured, developed, motivated and rewarded so as to ensure business growth. Therefore the
People Office department should ensure that they attract, develop and retain the kind of people.
Organization structure of Big Bazaar and roles and responsibilities are discuss above in Chapter
no. 4.
People Office in Big Bazaar is most important part for both like employer and as well as
employees because both are internally related by each other. Each and every work,
responsibility, duties, and their activities are completely controlled by employer and Executives.
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All code and conduct is followed by employees and employee but its handle by People Office
and employees discipline, grooming stander, Doctor visiting, pay role, absent sum, Saturday
meeting, uniform, leave card, and comp-of slips, attendance register, recruitment and placement,
performance appraisal, key result area (KRA), Performance Evaluation Review key (PERK),
Birthday card, reward and recognition, punishment, and after these activities there have some
other so many small activities, which is very important and help full for organization.
Conceptual understanding:
The aim behind manpower planning and budgeting is to have the right number of people to work
Manpower for a store is decided according to area of store and department of store.
Which is planned by Kishor Biyani and Kartha of Big Bazaar and they follow the concept of
Wall mart. Some department of Big Bazaar like Fruits and vegetable, Grosser, Fast consuming
products and international product are so mush important and crowded area there so there have
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large number of employee and in jewelers and beauty field there have less number of employees.
Big Bazaar also follows some latest formula for manpower planning which is already discussed
above.
Recruitment done by Big Bazaar: Basically Human resource management in Big Bazaar like
internal recruitment they call all employees and inform they have some such types of vacancy
and post. The basic salary is that. If any employees have any friend, relative or colleagues they
call for interview. And some time when they did not get a right employee or candidates then only
They call their employee and give pamphlet to distribute it or posted in on the wall
They leave some advertisement on net who ever are interests they can come for interview or
Big Bazaar have some consultancy who give direct employees to them and Big Bazaar is not
giving a single rupees to them they have some management strategy and they are getting money
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Operations
(Store Head)
Assistant Department
Manager
Team Members
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How many times in a week does the doctor visit the store?
Doctor in Big Bazaar is basically visit in one times in a week and is in Saturday. After check up
they give full information to Human Resource manager regarding employee’s health status like
Bode pressers, weight, Stress, and some health related information which is helpful in
Big Bazaar has some different uniform for each department like Fruits and vegetable, crockery,
For
Fruits and Vegetable: orange tops, black trouser, belt, shoes, socks,
Health and beauty: Black tops, Black trouser, Belt, Shoes, Socks
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Cosmetics: white tops, Black trouser, Belt, Shoes, Socks, some cosmetics and some makeup
pack etc.
For employees Identity cards when an employee is going Gurukul training or any training than
Big Bazaar provides their own photo id with grew color belt. And when an employee join the
company than Big Bazaar provide only ID that is not Photo ID and not original one just for
formality with red or orange belt but most necessary for every employees of organization.
The grooming standards on the floor and how are they monitored.
When new candidates join the company than HR of organization inform them to hand over their
mobile in basement and maintain daily register for attendance. After that they say you are in this
or that department he or she is your team leader and that person is your Directing manager he/she
will guide and you have to deal with customer and be polite while dealing with them. Their shoes
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Fun zone and what are facilities are provided there?
Fun zone is a big size of room and there have some convenience which is given by Organization
to their employees so they can take rest when they feel tired or ill. They have their breakfast,
lunch there in Fun zone. After that there have some extra activity like some game and
motivational program. All employees have their tea and coffee in fun zone. In side of Fun zone
they have some lock or locker room so they can keep their good or lunch whatever they want and
Weekly offs in Organization is decided by Human resource manager and Managing Director of
the department. Every employee’s get a day off and there is planning for weekly off which
employees will get which day offs and who will work so organization will not be affected by
The policy for store staff for working for extra hours and on holidays?
For each day extra work they are getting some extra money when an employees work some more
hours they are also getting some money which is decided by Organization Human Resource
Manager, Kishor Biyani and Kartha of Big Bazaar according to time and according festival.
They give monetary convenience to them. So they can get proper value for their work.
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Every organization has some target which is decided by organization management and CO of
organization. If any department will get more than their target than they will get PERK and each
employee are getting PERK according to their salary. Whatever is given by organization to them
as a PERK? PERK is given by employee to department according to their profit and department.
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CONCLUSION
From our detailed analysis, the attrition rate was determined to be (11.26%) respectively. From
our analysis we have determined the current average attrition rate to be 13% per month. The
Major reasons responsible for attrition were sees salary (when compared with the market
standers), better opportunity elsewhere in the market place, long working hours, work pressure in
various departments and string leave policies. Some of the primary data collected through
interview with the store managers of individual units’ revealed information such as termination
Attrition have both good as well as bad effect according to employees when a prospective
employees leave the organization than it has negative effective and when a non prospective
employees leave the organization than it has positive effect so it is good under limitation but
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RECOMMENDATIONS
After my project I would like to recommend that Big Bazaar is really big organization and there
have need some improvement so they can get success like little bit change in their discipline and
give some convenience to their employees. Cost the company is very less and when some
employee performing well they do not give some reward to them that’s why the good and
prospective employees always like to leave their company and go for another Organization and
another job so they can understand their value and they can use their talent and hummers they
always expecting more and more salary and responsibility and competition in their carrier.
They can provide the best opportunities’ to each and every one so they think like they are a part
Over 30 IT, BPO govt. contracts face cancellation, renegotiation risks in the UK
Philippines BPO sector attains 50% target, revenues touch $4.7 billion
Infosys shuts down BPO unit in Bangkok, shifts work to India, China
Business.
Uma Sekaran, Research methods for business, (4th edition; Wiley publications)
R. Nanda Gopal ET. Al. Research methods in business, (1st edition; New Delhi; excel
books).
Charles R. Green, Strategic Human Resource Management, (2nd Edition; New Delhi;
Pearson education)
V S P Ray, Human Resource Management, (2nd edition; New Delhi; Excel Books).
Questionnaires:
Survey:-
and attrition viz., Big Bazaar. Please fill in the following questionnaire to help me
in my survey.
Personal Profile
Yes No
4) What is that part that distinguishes Big Bazaar from other retail stores?
6) Do you compare the salary of Big Bazaar with other retail stores?
Yes No
Yes No
Yes No
9) Do you feel your sub –ordinate are respected and fairly treated in organization?
Yes No
Yes No
Yes No
13) Do they know how their job fits into large pictures of the organization?
Yes No
Yes No
Yes No
Yes No
High low No
Yes No
Yes No
20) Do they have a clear understanding of how their job performance is measured?
Yes No
Turnover, retention, and employment relationship in future group. Team Development, Aylin
Miles M. Finney and janet E. Kohlhase, The effect of urbanization on labour turnover, Journal of
Muhammad sani Umar, None work Factors and labour Turnover among Female Employees in
Kebbi state civil service, Bangladesh e-journal of Sociology. Volume 4, Number 2, July 2007.
Smith et al, labor turnover and management retention strategies, international Journal of human
Life story of Kishor Biyani: which is written by Kishore Biyani it is Biography. Where he has
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