Employee Turnover Case Study

Project TitleEMPLOYEE TURNOVER (With special reference to ITC HOTELS, Jaipur), Employee turnover is a serious workplace problem and an expensive occurrence for both employers and employees seemingly unpredictable in nature.ObjectivesHuman resource is an important part of any business and managing them is an important task. Our institution has come forward with the opportunity to bridge the gap by imparting modern scientific management principle underlying the concept of the future prospective managers. Employee turnover is the process of replacing one worker with another for any reason. A turnover rate is the percentage of employees that a company must replace within a given time period. This rate is a concern to most companies because employee

iv. To find out whether there is performance appraisal. v. To suggest any measures to reduce the rate of employee turnover. Problem StatementMost companies find that employee turnover is reduced when they address issues that affect the morale of employees. By offering employees benefits such as reasonable schedule flexibility that allows them to balance their work and family life, performance-based incentives and traditional benefits such as paid holidays or sick days, companies are able to reduce their employee turnover rates. The extent to which a company will go in order to retain employees depends not only on the costs of replacing its employees, but also on the company 's overall performance Generally, the following reasons are accountable for absenteeism at work: 1. Nature of Work: When work is tough and monotonous in nature, the workers get tired physically and mentally. So he frequently remain absent without information to the employer. 2. Poor Working Condition: Poor working conditions affect the worker’s health adversely and mentally. So he is tired of work-environment and thus they may remain away from work without any notice to the

5. Poor Control: Poor production and material control can result in absenteeism. Unless the flow of work between departments is balanced and continuous, workers may stay away from their jobs because they lose their interest in the work and also the feeling of the importance of being dependable. 6. Irregular Transport Facilities: Many factories are located away from the city limits. Naturally, workers have to travel long distances. In case of any disturbance in the transport system, workers are unable to reach their place of work at the proper time and they have to remain absent. Thus, transport difficulties lead to labor absenteeism. 7. Lack of Interest: Lack of interest and lack of feeling of responsibility and worth-whileness are also fundamental causes of absenteeism. Attitude of mind caused by environment and sociological factors may condition some to develop a feeling of irresponsibility about going to work. 8. Attraction to Village Life: Majority of Indian workers come from villages to towns for employment. Physically, they are in towns, but mentally they are in villages. Their relatives and family members are in the villages and naturally they feel like visiting their villages