Employee attrition was found pertaining to the IT sector specifically in the context of a developing country like India, Africa, China etc., It isn’t always unusual nowadays to study in the newspapers or see on television that employees here or elsewhere are enticing on business action or are threatening to leave their jobs. (Chinonona, Chinomona & Joubert, 2013). Though, evidence shows that it is more expensive for companies to hire new employees than it’s miles to retain currently serving employees
Introduction “Retention of right employee in the right job at the right time with a right pay and good working environment leads to organisation’s growth and success” Employee retention refers to policies and practices the employers adapt to prevent main employees from leaving their jobs. How to retain valuable employees is one of the toughest tasks that are making the companies to strive hard to survive in the competitive marketplace. Usually replacement costs of an employee are 2.5 times the salary of
Accenture research report 2007 Employee engagement is the level of commitment and involvement an employee has towards his organization and its values. Today in this changing scenario, where every opportunity for a student has a scope of growth, teachers are bestowed with the responsibility for shaping the youth. Therefore the institution is bound to engage their employees in continuous development programs, which will lead to job satisfaction. Our paper focuses on how employee engagement is an antecedent
Environment on Employee Satisfaction and Organizational Commitment amongst Indian Employees Abstract Diversity in workplace is one of the foundations which determine an organization’s success, as companies need to optimally utilize the skills and talent of a wide variety of employees. It is a common belief that companies recruiting a diverse workforce understand the demographic behaviors of the customers they serve much better than companies that hire only a limited group of employee demographics
1. Introduction Workplace spirituality and employee engagement have been topics of interest for both academicians and practitioners for the past two decades. This increased attention has been a result of many factors such as emerging ethical concerns, enlightened leadership theories, emphasis on the higher order needs of the employee, employees’ quest for meaningful work, an attitudinal shift toward wholeness and empowerment etc. Workplace spirituality though initially seen as a passing fad is
instrumental in fulfilling the higher level need of people. According to William et al (2006) (cited from Till & Karren, 2011), the actual pay level and pay satisfaction is likely a function of the divergence of perceiving pay level and the amount that employee believe that their pay should be. Meanwhile, Lawler (1991) (cited from Heneman III & Schwab, 1985), had presented a viewpoint that views pay satisfaction as a disagreement between how much pay one feels one should receive and how much one feels is
Employee Retention Policies Adopted by Floating Hotels in Egypt Michael Magdy Zaki Ibrahim Hotel Management Department Faculty of Tourism and Hotels South Valley University Abstract Effective employee retention is a systematic effort by employers to create and foster an environment that encourages current employees to remain employed by having policies and practices in place that address their diverse needs. These practices are used to prevent valuable employees from leaving their jobs. How to
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
Employee mobility is the geographical and occupational progress of workers. Employee mobility is best estimated by the lack of impediments to such mobility. Impediments to mobility are divided into two distinct classes with one being personal and the other being systemic. Personal impediments
An effective utilization of human resources can boost the development of India. Hence, both Central Government and State Governments have prepared the number of plans for the economic development. Among the many plans, one of the plans is establishment of Special Economic Zone (SEZ). The very purpose of establishing SEZ is providing all infrastructural facilities, marketing assistance, financial assistance and incentives in all aspects. If all the facilities are provided, certainly, many entrepreneurs