Saturday, December 21, 2019

Project Report on Employee Attrition - 14600 Words

A Research Project Report On ATTRITION MANAGEMENT Submitted in partial fulfillment for the requirement of the MBA Degree awarded by Bangalore University Submitted by Ponnappa I.S 04XQCM6064 Under the guidance of Praveen Kamat Professor M.P.Birla Institute of Management M.P.Birla Institute of Management Race course road Bangalore-1 INDIA 1 DECLARATION I hereby declare that this dissertation entitled ‘ATTRITON MANAGEMENT’ is the result of project work undertaken by me under the guidance and supervision of Mr. Praveen Kamat, Professor, M.P.Birla Institute of Management, Bangalore. I also declare that this dissertation has not been submitted to any other University/Institution for the award of any Degree. (Ponnappa I.S) 2†¦show more content†¦An effective retention strategy therefore will seek to ensure: ïÆ'Ëœ Attraction and recruitment strategies enable selection of the ‘right’ candidate for each role/organisations ïÆ'Ëœ New employee’s initial experiences of the organization are positive ïÆ'Ëœ Appropriate development opportunities are available to employees, and that they are kept aware of their likely career path with the organisations ïÆ'Ëœ The organization’s reward strategy reflects the employee drivers ïÆ'Ëœ The leaving process is managed effectively 8 INTRODUCTION About Datacraft Datacraft is the leading independent IT services and solutions company in Asia Pacific. Specializing in customized business solutions, Datacraft helps clients plan, build and support their IT infrastructures. Datacraft combines an expertise in networking, security, operating environments, storage and contact centre technologies, with advanced skills in consulting, integration and managed services, to craft IT solutions for businesses. A member of the Dimension Data Group, Datacraft is listed on the main board of the Singapore Exchange, and is a component company of the Straits Times Index. Headquartered in Singapore, Datacraft spans more than 50 major offices and has over 1,200 employees across 13 Asia Pacific markets. Area of operation Our Key Differentiators Global delivery: Datacraft, together with parent company Dimension Data,Show MoreRelatedA Decentralized System Of Forecasting Manpower1531 Words   |  7 PagesThis is done based on project basis. It follows a decentralized system of forecasting manpower required and then the HR assembles it. Process adopted I. Manpower Planning: ïÆ'Ëœ Project Lead to update the manpower planning while approving or accepting work instructions or change requests. ïÆ'Ëœ Revisit Manpower planning to check if new work can be accepted based on the current utilization seen from manpower planning. ïÆ'Ëœ Module Leads to refer the manpower plan for planning project activities and deliveriesRead MorePaying Bonus Should Not Be Mandatory Essay1556 Words   |  7 Pagesthe team. A bonus might be awarded to employee upon a completion of a project or can also be profit related, i.e. on achieving a particular target or objective. Also, paying out bonuses should not be mandatory, because to give out incentives to its employees a company needs to achieve a certain level of profit. 2. In a system, evaluation of an employee’s performance is important. A reviewer is a person of a higher level in the system that screens the employee besides his intermediate boss. The reviewerRead MoreWhat Does A Great Hris Do? Essay1243 Words   |  5 Pages Even one of these weaknesses could cost your company thousands of dollars, generate employee conflicts, weaken recruiting efforts and put up big roadblocks to hiring and keeping the best people. that begs the question: What does a great HRIS do? Chapter 5. HRIS...Needs to integrate Complex Functions An effective HRIS system fosters engagement, empowerment and enough flexibility to deal with wide-ranging and continuously evolving situations and third-party recruiting associates. The traditionalRead MoreWhat Is Organizational Culture?1204 Words   |  5 Pagescalled attraction- selection- attrition (ASA) (Principles of management, n.d.). In this process employees are first attracted to organizations where they have similarities with other employees or with the values of the organization. The next step is selection, where companies scrutinize potential employees for characteristics that abide with the current culture. Employers hire people who they feel will fit in with the culture. Sometimes this doesn’t work out and an employee is hired who does not fitRead MorePolice Agencies Face A Threefold Challenge1645 Words   |  7 Pages Police agencies face a threefold challenge in meeting the demand for officers: Attrition is increasing, sources of new recruits might be decreasing, and the demand for their work is expanding. It is far more costly and time-consuming to recruit an officer than to retain one. Reducing retention problems can alleviate much of the need for recruiting (Wilson, 2010). The most fundamental human resource process in a law enforcement organization is the recruitment of a sufficient number of qualified applicantsRead MoreMy Professional Experience As A Data Analyst Essay836 Words   |  4 Pagestrained on advanced MS Excel and SQL I was involved in the inception phase of a provider project. I prepared scope documents with detailed definitions to analyze and document business data requirements, participated in discussions with clients to help set-up the project seamlessly. I achieved a 100% reconciliation in the request tracking system set-up by developing daily data reports and data exception reports using SQL. I also implemented a data check to identify the claims which move in and outRead MoreResearch Paper on the Attrition Rate in Financial Shared Services Organization4787 Words   |  20 PagesPAPER ON THE ATTRITION RATE IN FINANCIAL SHARED SERVICES ORGANIZATION Submitted To: Prof. Maria Cequena Submitted By: Rachel Reyes Title: Attrition Rate in Financial Shared Services Organization 1. What are the factors affecting the high attrition rate in shared services organization (SSO)? 2. What are the impacts of the increasing attrition rate in SSO? 3. How should shared services organization address the high attrition rate common in the industry to maintain employee retentionRead MoreExit Interview – a Way Out to Attrition4533 Words   |  19 PagesResearch Paper On Exit Interview – A Way Out to Attrition Prepared by (Deepshikha Satija) Deepshikha Satija MBA, MPhil.) Research Scholar, Singhania University Deepshikha237@yahoo.co.in, Deepshikha237@gmail.com Under Guidance of: Dr. Parul Khanna MBA, Ph.D Assoc. Prof. Dean RD Institute of Management Technology, Faridabad drparulkhanna07@gmail.com Prof. Deepshikha Satija, MBA (HRM IT) from M.D.University Rohtak of 1999-2001 batch. She is currentlyRead MoreDescribe Your CompanyS (Client’S) Progress Within Each1651 Words   |  7 Pagesbecause we are not unique. We have been unable to develop a tool that accurately generates leads or one that forecasts sales out 3-5 months. To increase capital through new clients, we have sales teams going out to display our previous clientele and project history. Currently, we produce services instead of products. Our consultants in the U.S. work closely with clients while the teams in India work to develop high-level statistical strategies. How does your company compete internally on analyticsRead MoreProject Goals And Objectives Of A Company2068 Words   |  9 PagesChapter 3 Project Description 3.1 Project goals and objectives Our project is Enterprise Connect, which is focused on revolutionizing the connections between employees in a company. Improving the way employees of a company interact with each other stands out as the primal goal of the project. The other important objectives of the project include but not limited to, Making managers of the firm understand the skill set of his employees. Bridges the gap between employees of similar interests Ultimately

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.