ways: 1. The Cost of Turnover: The cost of employee turnover adds hundreds of thousands of rupees to a company's expenses. While it is difficult to fully calculate the cost of turnover (including hiring costs, training costs and productivity loss), industry experts often quote 25% of the average employee salary as a conservative estimate. 2. Loss of Company Knowledge: When an employee leaves, he takes with him valuable knowledge about the company, customers, current projects and past history (sometimes
process. In these competitive times, the specific measures to improve an organization’s retention record range from career counseling workshops to team-building exercises. Of course, the precise nature of the initiatives to be used is a function of the industry in which the company operates, and the level of management at which the initiative is targeted. However, the ideal practices remain constant across manufacturing, marketing, and service companies: career-counseling and job-enrichment exercises at
in their prior organization • What grade level did they fall into with that designation • How many years of experience does the person have in that particular industry and overall • What was the candidate’s overall compensation package like in their prior organization and how much are they expecting
ACCOUNTING OUTSOURCING INDUSTRY 2 KEY PLAYERS 5 WHY TO OUTSOURCE 13 DIFFERENT OUTSOURCING MODELS 13 CHALLENGES IN OUTSOURCING 15 BIBLOGRAPHY 15 EXECUTIVE SUMMARY As the businesses grow, the effective measurement, analysis, communication and control of financial information becomes more and more important, hence, inadvertently leads to increase in the cost of finance and accounting functions. The document aims at capturing the details of Finance and Accounting outsourcing industry, how outsourcing
Internship Report on An Analysis of Employee Engagement by PRATHIBHA M P USN: 4GM13MBA36 Submitted to VISVESVARAYA TECHNOLOGICAL UNIVERSITY, BELAGAVI In partial fulfillment of the requirements for the Award of the Degree of MASTER OF BUSINESS ADMINISTRATION Under the guidance of INTERNAL GUIDE EXTERNAL GUIDE Mr. Madhusudana V S Mr. Dhananjaya K H Asst. Prof., Dept. of MBA Manager HR GM Institute of Technology Infiniti Retail Ltd Davangere Bengaluru Department of MBA GM Institute of Technology Post