Professional Documents
Culture Documents
AT
BY
ACKNOWLEDGEMENT
1
opportunity to undergo summer training for project work as a part of
my MBA programme.
the training programme without which this project would not have
training report
PREFACE
the true sense has been included in the curriculum to make the
2
student well versed with the technical procedure, management &its
aspects.
start dealing with them in real life. For becoming a good professional
it is very much required that what ever the knowledge and skills one
has adopted during this training has to increase with his knowledge
At last but not the least this training is very much important in
degree.
MBA-3rd Sem
TABLE OF CONTENT
3
I. TITLE PAGE
IV. ACKNOWLEDGEMENT
V. PREFACE
6 EXECUTIVE SUMMARY
IX. ANALYSIS
X. BIBLIOGRAPHY
XI. QUESTIONNAIRES
4
TOPIC
5
OBJECTIVE
Mankapur.
standard
6
RESEARCH STATEMENT
7
Research in common parlance refers to a search for knowledge.
employees.
POPULATION
Sample Size:
The report was made on the basis of analysis & presented with
data.
Sample Unit:
Purchase 10
Finance 20
8
SEA Plant 20
Computer Division 10
Component 20
PCB Plant 20
of employees.
Primary Data:- Primary data are those data which you are freshly
Secondary Data :- Secondary data are those data which you are
already existing and you are just extracting the data from it .
A) Survey Method:
three types:
9
Personal collection of data through face to face interview.
B) Observation Method:
BENEFITS
RETENTION STRATEGIES
ORGANIZATIONAL CULTURE
10
PERSONAL & JOB SATISFACTION
SUGGESTIONS :-
11
12
COMPANY PROFILE
beginning.
ITI LTD. Has since emerged with its own corporate identity, as
13
A dedicated network system unit provides value added
Turnkey solutions
BOARD OF DIRECTORS
MANUFACTURING UNITS
KARNATAKA
BANGALORE
HOSSUR
14
(DOORVANI NAGAR)
UTTAR PRADESH
ALLAHABAD RAEVARELI
MANKAPUR
OTHER UNITS
SRINAGAR PALAKKAD
INFRASTRUCTURE
BANGALORE COMPLEX,(KARNATAKA)
Established 1948
15
Defence
product also
Telephone parts
Establised 1987
Product Digital
exchange
Parts
NAINI UNIT,ALLAHABAD,(U.P)
Establised 1968
100TS
RAIBAREILY UNIT,(U.P)
16
Establised 1970
Product Electromechanical
Excha
nge parts,
Digital
exchange
parts
PALAKKAD UNIT,(KERALA)
Establised 1976
Automatic exchange,
O.C.B-283 Switching
Products
Establised 1976
17
MANKAPUR UNIT,(U.P)
Establised 1982
Also O.C.B-283
Exchange
18
The mission of the company is to be the leader in the domestic
rate.
19
To strengthen technology scanning capabilities to benchmark the
OBLIGATION
TOWARDS THE
CITIZENS OF INDIA:-
20
the manufacture of all types of telecommunication equipment
TOWARDS EMPLOYEES:-
lowest level.
21
• Providing attaining facilities and other opportunities for self
TOWARDS CUSTOMERS:-
TOWARDS SUPPLIERS:-
22
• Ensuring prompt dealings based on integrity, impartiality and
courtesy.
Three plants of ITI have won the national safety award for
23
Rae Bareli and Palakkad plant received the award for achievement
Bareily respectively.
ITI Mankapur plant, which saved energy to the tone of 384 lakh
during the last 3 years, has won the National Energy Conservation
Award in 2004.
Productivity Council
Establised 1982
24
500 KL(CSN
-OCB283)
CSN Rs.31.41 Cr
MAX-L Rs.3.30 Cr
77,500 sq m
5800KVA
Captiv
e power Generation
25
1000000 Relay
1400000 C&T
15,000 MDF
Mechanical Rack-3500
Hybrids-1800000
PCBS-26000 sq m
ISO Certification
9001:2000
26
Mankapur was established in1982 with technical collaboration with
system.
ITI LTD. Mankapur has also entered into the non- communication
inverter etc.
MAIN DIVISION
• COMPONENT DIVISION
• CIRCUIT DIVISION
27
• CENTRAL SERVICES DIVISION
• E10B exchange
• C-DOT exchange
products are:
• Inverters
• UPS
CUSTOMERS
INDIAN CUSTOMERS
• Defence
• Railways
• Department of Telephone
28
• Oil sector
• Banks/Factories/Offices
GLOBAL CUSTOMERS
• Afghanistan
• Malaysia
• Nepal
• Switzerland
ISO
for whom a technical committee has been established has the right
Geneva(Switzerland).
ISO STRUCTURE
29
• 100 or more countries
• 9000 standards.
• 2500 engineers.
• Specification
• Guidance
• Guides/tools
• Technical reports
30
BENEFITS OF ISO
• Customer loyalty
• Self esteem
• Recognition
ISO: 9000
ISO:9001
31
ISO 9001 specifies requirements for QMS where an organization
customer satisfaction.
ISO: 9004
effectiveness & the efficiency of the QMS. The aim of this standard is
ISO: 19011
ISO:14000
system.
• System efficiency
32
• Scrap and waste reduction
• Pollution prevention
PHILIPS, Austria was the first company in the world to take ISO
14000 certificate.
MAJOR DIFFERENCES
33
Focus.
PARAMETRES OF ISO
S - SIMPLE
M - MEASURABLE
A - ACHIEVABLE
34
R - REALISTIC
T - TIME BOUND
QUALITY PRINCIPLES :
• Costumer focus
• Leadership
• Involvement of people
• Process approach
• Continual improvement
P : PLAN
D : DO
C : CHECK
A : ACT
35
SIX SIGMA
Jack Welch
interview)
DEFINITION
36
related processes in order to anticipate and exceed expectation of
Shewhart showed that three sigma from the mean is the point
(Cpk, Zero Defects, etc.) later came on the scene but credit for
trademark of Motorola).
37
In the early and mid-1980s with Chairman Bob Galvin at the helm,
Jak Welch of General Electric Company. Rumor has it that Larry and
Jock were playing golf one day and Jack bet Larry that he could
38
SIX SIGMA CHRONOLOGICAL ORDER
Enlightenment
Acceptance
Tools
Deployments
Results
Renewal
HIGHLIGHTS
Propounded by Motorola.
39
Six sigma standards achieved when a process does not yield
Chief executive
championing)
(To lead the project teams, fully responsible for technicalities involve
40
Green belter 1 GB 2 GB3
belter. The green belter is allowed to select his own team for an
assigned project.
SCALE
1.0 690000 30.29%
2.0 308530 69.20%
3.0 66800 93.31%
3.6 17800 98.22%
4.0 6210 99.38%
5.0 233 99.977%
5.9 5.0 99.9995%
6.0 3.4 99.9997%
MOTOROLA
NOKIA
GE
41
WHIRLPOOL
BHARTI TELECOM
TATA MOTORS
IBM
DMAIC PROCESS :
D - DEFINE
M - MEASURE
A - ANALYSE
I - IMPROVE
42
C - CONTROL
DMADV PROCESS :
D - DEFINE
M - MEASURE
A - ANALYSE
D - DESIGN
V - VERIFY
43
ERP USED IN ITI LIMITED
BaaN:-
foreseeable future.
BaaN IV
44
• There are basically four modules of BaaN which are used in ITI
LIMITED:-
BaaN IV finance
BaaN IV Manufacturing
BaaN IV Distribution
Baan IV Services
SAP:-
provider.
supply chain.
• Empowered users.
45
• Informed management decisions.
cheap. large.
46
47
TOPIC
Ltd”.
The key to any industry is its employees. They are crucial, they are
48
49
What is Employee Retention ?
these days. Hiring knowledgeable people for the job is essential for
50
organisations which are looking for such employees. If a person is
because they value their employees and they know how to keep
and should be taken care of. The organisations are becoming aware
retention.
detail.
employee.
Employees today are different. They are not the ones who don’t
the current employer or the job, they switch over to the next job. It
51
is the responsibility of the employer to would be left with no good
its employees.
Compensation
Environment
Growth
Relationship
Support
52
Compensation Environment Growth
Relationship Support
53
A Simple Retention Framework
First of all, they need to clerly know how their best employees are.
really hard to do. But to put them into place does require a change
good recruiting is, after all, about treating people fairly – but not
54
Let employees know where they stand and how they are performing.
Offer the opportunity to move within the company to jobs that may
not strategic and lead to fear and self doubt. For example, a
colleague told me about a recant lay off she was part of. While the
Silence is the greatest enemy of retention. When management does not update the
employees on the financial and business state of the company and when rumours can
be counted by minute, turnover goes up and productivity goes down. While some
people (usually “B” and “ C” players ) hunker down and hide, the best ones start
looking. I can’t tell you how many excellent employees who are highly valued have
55
guarantees; what they hope for is an understanding of trends. Are things better, the
conduits for employees to let them know about changes in their development, classes
taken, and new slkills acquired. Employees want the employers to use this information
to help them find promotions or new positions within the organisation that will offer
your firm until they complete the program. Most will be loyal and
thankful. And all of them will be better educated and hopefully more
positions frequently and institute rewards for managers who let their
56
people go to other departments and who focus on developing their
staff.
bit of training.
job hoping. We all know how powerful networks are, and companies
discontent and less turnover than those that keep employees apart
or at odds.
57
I recommend starting clubs and social groups wihin 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 trends to raise the level of commitment
blogging, the use of virtual communications tols like SMS or IM, the
costs? Well, the answer is a definite no. It’s not only the cost
58
incurred by a company or industry emphasises the need of retaining
Loss of company
59
continued sponsorship of the business. When an employee leaves,
the employee built for the company are severed, which could lead to
organisation.
Regaining efficiency:
new employee and training him/her and this goes to the loss of the
60
EMPLOYEE RETENTION STRATEGIES
Make employees realize that they are the most valuable assets of
the organisation.
61
Keep their morale high.
employees.
62
Employee retention can be increase by inculcating the following
practices:-
63
month or punctuality award. Project based recognition also
his knowledge.
activities, etc.
based.
one or two festivals to the employees making them feel good and
64
THE RETENTION DIAGNOSIS
career opportunities; and health and the nature of the job are
65
Increasing the Organisation’s Level of Professionalism
66
uncertainty in the minds of employees that their superiors can rate
the fact that they vest another employee with the same authority,
67
Designing a compensation package
are unlikely to be promoted to fill the fill the vacancies will leave the
68
Helping Employees acquire new skills
companies may feel the need to hire employees with new skills, or
latter will find it easier to retain their people since the training
Employees are not just warm bodies ; they are individuals with
between life and works are likely to face fewer problems than those
that do not.
SUPPORTING EMPLOYEES
69
Organizations these days want to protect their biggest and most
employees.
70
Become employer of choice:
in the organization.
71
An organization’s productivity is measured not only in terms of
among employees.
performance.
72
When asked about why employees leave, low salary comes out to be
work, value the quality of work life and provided chances for
retention. Managers and team leaders can reduce the attrition levels
following way:-
parties, celebrations, team outings etc. They can also come through
73
Standing up for the team:
Team leaders are closest to their team members. While they need to
about the realities on the ground. When agents see the team leader
standing up for them, they will have one more reason to stay in the
team.
Providing Coaching:
Delegation:
Many team leaders and managers feel that they are the only people who
can do a particular task or job. Therefore, they do not delegate their jobs
competencies.
Extra Responsibility:
74
Giving extra responsibility to employees is another way to get them
engaged with the company. However, just giving the extra responsibility
does not help. The manager must spend good time teaching the
that his current job offers a path towards their future career aspirations,
then they are likely to stay longer in the company. Therefore, managers
75
RESEARCH METHODOLOGY
Research Statement:-
76
My research statement is to carryout the study for effective
employees.
RESEARCH METHOOLOGY :-
behind them.
Research Design:-
analysis of data.
77
DESCRIPTIVE DESIGN:- It is a fact finding investigation which
studied.
Sampling design :
sample.
78
infinite. In finite universe the number of items is certain, but
Purchase 10
Finance 20
SEA Plant 20
Computer Division 10
Component 20
PCB Plant 20
Research findings are drawn from the survey conducted among 4.7
% of employees.
79
I have taken a batch of 100 employees from every department
not only the size of the sample but also to the type of sample.
the type of sample he will use i.e ,he must decide about the
Data Collection:
C) Survey Method:
three types:
80
Online interview in industries countries.
D) Observation Method:
ANALYTICAL TOOL
Questionnaire:
study.
81
82
EMPLOYEE RETENTION SURVEY SUMMARY
related to:
Benefits
Retention Strategies
Organizational Culture
83
RESEARCH FINDINGS:
“I like my job”.
Low salaries
84
Career mobility issues
done
BENEFITS
important.
program.
STRATEGIES
85
The next section of the survey asked respondents to indicate what
It was available.
ORGANIZATIONAL CULTURE
agree.
86
73% of employees agreed or strongly agreed that employees are often
69% agreed or strongly agreed that their agency has a culture that
new project was an open process with few barriers; however, 31%
PERSONAL SATISFACTION
87
The three groups were asked to rate how satisfied they were with
all satisfied and 5= very satisfied. The highest ranked items for each
Professionals
The amount of job security I have The chance to help other people
. while at work.
The degree of respect and fair The amount of job security I
boss.
How secure things look for me in The amount of pay and fringe
in my job.
88
RECOMMENDATIONS:
employees:
89
performance and not on the basis of seniority. Promotion
CONCLUSION
advice :
absolute force.
abundance of temptation”
90
BIBLIOGRAPHY
5) Internet
91
www.itiltd-india.com
www.businessworld.in
www.allbusiness.com
92
As part of this data gathering, I request you kindly to complete this
survey so that I can find out your perception about various aspects
Benefits
Tant nt nt
Salary/
Compensatio
n
Leave
benefits(inclu
ding sick,
vacation,
personal,
paid
holidays)
Retirement
Plan
Health and
related
benefits(heal
93
th insurance,
vision,
dental,
prescription)
Long-term
care
insurance
Tuition
Reimbursem
ent
Deferred
Compensatio
n
Employee
Assistance
Program(EAP
)
Lifeworks(res
ource and
referral)
94
Salary Compensation
95
Retirement plan
96
Health related benefits
97
Leave benefits
98
Lifeworks Resource
99
Referral programme
100
Employee Assistance Programme
101
Strategies
industry. Then rate how important each item is to you, whether its
nt ant ant
Alternative
Work
Schedule(AW
S)
Wellness
Programs
Telecommuti
ng/Work
At Home
Mentoring/Co
aching
Job Rotation
102
and New
Assignments
Help with
career
planning
Very important
103
Job related opportunity
104
Wellness programme
105
Coaching
106
Annual performance appraisals
107
Alternative work schedule
108
Organizational Culture
y e agree y
e Disagre
e
Supervisors
in our
industry sit
down with
employees
and discuss
their
development
plans at least
every 6
months.
Employees
are often
given the
109
opportunity
to be part of
task groups
and
assignments
outside their
core job
responsibilitie
s.
Our industry
has a career
development
program that
helps people
become more
aware of and
responsible
career
development.
Working on a
new project
or
assignment is
an open
110
process with
few barriers.
Supervisors
communicate
effectively
with
employees.
Our industry
has a culture
that
recognizes
and values
diversity.
There is an
environment
of openness
and trust in
our industry.
Employees in
our industry
are treated
with fairness
and respect.
Supervisors
111
spend a good
deal of time
listening to
employee’s
ideas.
Supervisors
have a style
that
empowers
people to
take
responsibility
and
authority.
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
112
Assignments outside of their core job responsbility
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
113
Recognition of value diversity
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
114
Development plans
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
115
Work on new project
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
116
Fair treatment
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
117
Personal Satisfaction
ied Satisfied d
Opportunitie
s for
personal
growth and
development
in my job.
The feeling
of
worthwhile
accomplishm
ent I get
from doing
my job.
The amount
of
118
independent
thought and
action I can
exercise in
my job.
The amount
of challenge
in my job.
The amount
of job
security I
have.
How secure
things look
for me in the
future of my
organization.
The amount
of pay and
fringe
benefits I
receive.
119
The degree
to which I am
what I
contribute to
my
organization.
The people I
talk to and
work with on
my job.
The chance
to get to
know other
people while
on the job.
The chance
to help other
people while
at work.
The degree
of respect
and fair
120
treatment I
receive from
boss.
The amount
of support
and
guidance I
receive from
my
supervisor.
The overall
quality of the
supervisor I
receive in
my work
.
The safety of
my work
environment.
The
availability of
promotional
opportunities
.
Opportunitie
s to learn
new things
121
from my
work.
Very dissatisfied
Somewhat dissatisfied
Neutral
Somewhat satisfied
Very satisfied
122
Quality of supervisors
Very dissatisfied
Somewhat dissatisfied
Neutral
Somewhat satisfied
Very satisfied
123
Independency
Very dissatisfied
Somewhat dissatisfied
Neutral
Somewhat satisfied
Very satisfied
124
Challenging job
Very dissatisfied
Somewhat dissatisfied
Neutral
Somewhat satisfied
Very satisfied
125
Fringe benefits
Very dissatisfied
Somewhat dissatisfied
Neutral
Somewhat satisfied
Very satisfied
126
Fair payment and treatement
Very dissatisfied
Somewhat dissatisfied
Neutral
Somewhat satisfied
Very satisfied
127
Amount of support
Very dissatisfied
Somewhat dissatisfied
Neutral
Somewhat satisfied
Very satisfied
128
Career Plans
As you thing to the future, which of the following best describes your
129
No plans to retire or leave employment in the
Foreseeable future
130
Thankyou
for
131
132
TOPIC
OBJECTIVE
133
RESEARCH METHODOLOGY
134
BENEFITS
RETENTION STRATEGIES
ORGANIZATIONAL CULTURE
PERSONAL & JOB SATISFACTION
135
TOPIC
The key to any industry is its employees. They are crucial , they are by far
the most important , most challenging factor here . The employees of an
organisation also play a vital role in taking the brand value forward . So,
its very challenging to retain employees who fit the requirements &
criterion of the organisation. Key to success in any industry is getting the
right people on board, but training them & retaining them is even more
crucial .
136
137
What is Employee Retention ?
138
In today’s environment it becomes very important for organisation to
retain their employees. The top organisations are on the top because they
value their employees and they know how to keep themglued to the
organisation. Employees stay and leave organisation for some reasons.
The reason may be personal or professional. These reasons should be
understood by the employer and should be taken care of. The
organisations are becoming awre of these reasons and adopting many
strategies for employee retention.
Employees today are different. They are not the ones who don’t have
good opportunities in hand. As soon they feel dissatisfied with the current
employer or the job, they switch over to the next job. It is the
responsibility of the employer to would be left with no good employees.
A good employer should know how to attract and retain its employees.
Retention involves five major things:-
Compensation
Environment
Growth
Relationship
Support
139
Compensation Environment Growth
Relationship Support
None of these things cost much when compared to the cost of recruiting
and developing new employees, and none of these are really hard to do.
140
But to put them into place does require a change of mindset and a
willingness to break ( or at least stretch ) the usual policies and rules that
exist in many organisations. Good HR and good recruiting is, after all,
about treating people fairly – but not necessarily the same .
Here are those four requirements for building lasting loyality and
strong employee- employer relationship :-
Let employees know where they stand and how they are performing.
Offer the opportunity to move within the company to jobs that may fit
their skills and interests better. Keep the bureaucracy to a minimum and
remove time constrictions. A major reason for employee unease and
anger is insecurity over how their performance will be assessed. Very few
employees have strategic performance objectives or spend time
periodically reviewing their achievements with their boss.
Many employee , unfortunately, have goals and objectives that are not
strategic and lead to fear and self doubt. For example, a colleague told me
about a recant lay off she was part of. While the employee who was being
let go had an excellent performance rating, so did almost every other
employee in the organisation. The way performance was assessed
provided no meaningful information to either the organisation or the
individual.
141
employers to use this information to help them find promotions or new
positions within the organisation that will offer them a greater challenge
or more financial incentive. The two-way communication between
employer & employees is as critical as performance management.
Many employees who leave organisation are simply looking for a bigger
challenge or the opportunity to use a new skills or degree. Smart
organisations will encourage this and motivate managers to source and
hire internally whenever possible- even if it will require a bit of training.
I recommend starting clubs and social groups wihin 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 trends to raise the level of commitment they have to the
organisation and reduces turnover.
142
Internal networks are powerful binding devices. Encouraging internal
blogging, the use of virtual communications tols like SMS or IM, the use
of video conferencing. These can be strengthen networks and extent them
globally. Knowledge is a powerful retention tool, and naivety and
ignorance can best be combated by sharing of ideas and experiences
between people from many firms.
There us nothing that I 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.
Loss of company
143
When an employee leaves, he takes with him valuable knowledge about
the company, customers, current projects and past history( sometimes to
competitors), often much time and money has been spent on the employee
in expectation of a future return. When the employee leaves, the
investment is not realized.
The goodwill of a company is maintained when the attrition rates are low.
Higher retention rates motivate potential employees to join the
organisation.
Regaining efficiency:
144
EMPLOYEE RETENTION STRATEGIES
Make employees realize that they are the most valuable assets of the
organisation.
145
Keep their morale high.
Create an environment where the employees want to work & have fun.
146
Employee retention can be increase by inculcating the following
practices:-
147
Recreation facilities:- Recreational facilities help in keeping
employees away from stress factors. Various recreational should be
arranged. They may include taking employees to trips annually or
bi-annually. Celebrating anniversaries, sports activities, etc.
Gifts at some occasions:- Giving out some gifts at the time of one or
two festivals to the employees making them feel good and understand
that the management is concerned about them.
The typical reasons why employee wish to leave organisation for another
are the same: better compensation, better opportunities, the nature of the
job, health problems. At all levels of management, the pattern remains the
same across manufacturing, marketing, and service companies: junior
managers cite compensation as the primary reason for leaving; managers
at all other levels choose career opportunities; and health and the nature
of the job are relevant only for senior-level and top managers.
148
Employees leave companies where intra-organisational interactions are
unstructured, and decisions, ad-hoc and driven more by personal
prejudice rather than professional consideration. By adopting systems that
introduce an element of objectivity into its internal operations, a company
can create a better workplace.
People like top work in those organisations where their opinions count.
The higher an employee’s involvement in decision-making, the higher the
organisation’s retention-level. A participative decision-making process is
good; total empowerment, better.
Most companies fall into the trap of holding an employee accountable for
a specific activity without empowering her with the authority to perform
it well. Often the situation is exacerbated by the fact that they vest another
employee with the same authority, but do not hold him accountable.
149
Designing a compensation package
Employees are not just warm bodies ; they are individuals with families
and lives of their own outside the workplace. Organizations that
recognize this, and help employees achieve a better balance between life
and works are likely to face fewer problems than those that do not.
Across industry-types, increasing the organization’s level of
professionalism, instituting an objective performance appraisal system,
and ensuring a match between responsibility and authority are the 3 most-
used techniques to improve retention.
150
SUPPORTING EMPLOYEES
Organizations these days want to protect their biggest and most valuable
asset and they want to do this in a best suits their organizational culture.
Retaining employees is a difficult task Providing support to the
employees acts as a mantra for retaining them. Employers can also
support their employees by creating an environment of trust and
inculcating the organizational values into employees.
151
times arrives. Turnover costs should also be taken into consideration
while framing those strategies.
152
satisfaction also comes with engagement level so, organizations should
aim to maximize the engagement among employees.
When asked about why employees leave, low salary comes out to be a
common excuse. However research has shown that people join
companies, but leave because of hat their managers’ do or don’t do. It is
seen that managers who respect and value employees’ competency, pay
attention to their aspirations, assure challenging work, value the quality of
work life and provided chances for learning have loyal and engaged
employees. Therefore, managers and team leaders play an active and vital
role in employee retention. Managers and team leaders can reduce the
attrition levels considerably by creating a motivating team culture and
improving the relationships between team members. This can be done in a
following way:-
Team leaders who create motivating environment are likely to keep their
team members together for a longer period of time. Motivation does not
necessarily have to come through fun events such as parties, celebrations,
team outings etc. They can also come through serious events e.g.
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arranging a talk by the VP of quality on career opportunities in the field
of quality. Employees who look forward to those events and are likely to
remain more engaged.
Team leaders are closest to their team members. While they need to
ensure smooth functioning of their teams by implementing management
decisions, they also need to educate their managers about the realities on
the ground. When agents see the team leader standing up for them, they
will have one more reason to stay in the team.
Providing Coaching:
Delegation:
Many team leaders and managers feel that they are the only people who
can do a particular task or job. Therefore, they do not delegate their jobs
as much as they should. Delegation is a great way to develop
competencies.
Extra Responsibility:
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RESEARCH METHODOLOGY
Universe of study:
Sample Size:
The report was made on the basis of analysis & presented with findings
and suggestions. Imformation is collected through primary data.
I have taken a batch of 100 employees from every department in order to
conduct my survey.
Purchase 10
Finance 20
SEA Plant 20
Computer Division 10
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Component 20
PCB Plant 20
Data Collection:
Data collection is a key for activity of social research. The design of data
collection method is the backbone of research design. There are two type
of data collection method i.e.
E) Survey Method:
F) Observation Method:
ANALYTICAL TOOL
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Questionnaire:
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EMPLOYEE RETENTION SURVEY SUMMARY
Benefits
Retention Strategies
Organizational Culture
Personal & Job Satisfaction
RESEARCH FINDINGS:
“I like my job”.
“I want to make a difference”.
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“I believe in the mission of the agency”.
“I work for the money / benefits”.
Low salaries
Too much time in between tests
Career mobility issues
Takes too long to earn a promotion
Too much bureaucracy that prevents me from getting the job done
BENEFITS
The first section of the survey asked respondents to rate the benefits of
employment on a scale from 1 to 5, where 1= not very important.
For human resource professionals, the retirement plan and health and
related benefits were rated as most important, followed by leave benefits
and salary / compensation. The items rated as least important by this
group, were the lifework’s resource and referral program and the
Employee Assistance Program.
For other employees, salary/ compensation and health and related benefits
were ranked the most important, followed by leave benefits and
retirement plan. Items of least importance were the lifework’s resource
and referral program and the Employee Assistance Program, respectively.
The lowest rated benefits were the Employee Assistance Program and the
Lifework’s resource and referral program.
STRATEGIES
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Employee Suggestion Program were the lowest ranked retention
strategies for this group.
For other employees, job rotations and new assignments, training
opportunities- job related, were rated as the most important retention
strategies, followed in a tie by alternative work schedules, wellness
program, Voluntary Reduction in Work schedules, and rewards and
recognition. The strategies rated as least important by this group are the
Employee Suggestion Program.
ORGANIZATIONAL CULTURE
69% agreed or strongly agreed that their agency has a culture that
recognizes and value diversity, while another 23% disagreed or strongly
disagreed with that statement.
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69% of HR professionals agreed or strongly agreed that their agency had
a culture that recognizes &value diversity. 62% also agreed or strongly
agreed that employees in their agency are treated with fairness and
respect.
PERSONAL SATISFACTION
The three groups were asked to rate how satisfied they were with various
elements of the job on a scale from 1 to 5, where 1= not at all satisfied
and 5= very satisfied. The highest ranked items for each group are noted
in the table below:
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RECOMMENDATIONS:
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Once in a year, suggestions from the employees should be collected
in the form of “FEEDBACK”. Applicable suggestions must be
implemented and name of the employee, who has given the
suggestions, should be announced. By this, employee will feel that
are being involved in the decision making process of the
management.
CONCLUSION
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BIBLIOGRAPHY
10) Internet
www.itiltd-india.com
www.businessworld.in
www.allbusiness.com
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EMPLOYEE RETENTION SURVEY
As part of this data gathering, I request you kindly to complete this survey
so that I can find out your perception about various aspects of
employment. All responses will be kept confidential and reported in the
aggregate only.
Benefits
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Long-term care
insurance
Tuition
Reimbursement
Deferred
Compensation
Employee
Assistance
Program(EAP)
Lifeworks(resource
and referral)
Strategies
166
Organizational Culture
167
Our industry
has a career
development
program that
helps people
become more
aware of and
responsible for
their own
career
development.
Working on a
new project or
assignment is an
open process
with few
barriers.
Supervisors
communicate
effectively with
employees.
Our industry
has a culture
that recognizes
and values
diversity.
There is an
environment of
openness and
trust in our
industry.
Employees in
our industry are
treated with
fairness and
respect.
Supervisors
spend a good
deal of time
listening to
employee’s
ideas.
Supervisors
have a style that
empowers
people to take
168
responsibility
and authority.
Personal Satisfaction
169
The amount of
job security I
have.
How secure
things look for
me in the future
of my
organization.
The amount of
pay and fringe
benefits I
receive.
The degree to
which I am
fairly paid for
what I
contribute to
my
organization.
The people I
talk to and
work with on
my job.
The chance to
get to know
other people
while on the
job.
The chance to
help other
people while at
work.
The degree of
respect and fair
treatment I
receive from
boss.
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The amount of
support and
guidance I
receive from my
supervisor.
The overall
quality of the
supervisor I
receive in my
work
.
The safety of
my work
environment.
The availability
of promotional
opportunities.
Opportunities
to learn new
things from my
work.
Career Plans
As you thing to the future, which of the following best describes your
career plans at this time?
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No plans to retire or leave employment in the
Foreseeable future
Thankyou
for
Completing the survey!
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