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attrition analysis

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attrition analysis

  1. 1. ATTRITION ANALYSIS (2010-2011)
  2. 2. CONSTRUCT:TO STUDY / ANALYSE THE MAIN REASONS FOR EMPLOYEE TURNOVER DEPENDENT INDEPENDENT VARIABLE: VARIABLE: EXTERNAL AND EMPLOYEE INTERNAL FACTORS TURNOVER
  3. 3. BATA INDIABata India Limited isengaged in the businessof manufacturing,designing and retailing offootwear and accessoriesthrough its retail andnon- retailing network.The Company operates intwo segments: Footwear& Accessories
  4. 4. Attrition is the reduction in the numberof employees through resignation,retirement and death.
  5. 5. TYPES OF ATTRITION
  6. 6. WHY ATTRITION HAPPENS????? EXTERNAL FACTORS INTERNAL FACTORS•EMPLOYEE’S SKILLS •RECOGNITION•EMPLOYEE’S BEHAVIOR •TRAINING &•JOB FIT DEVELOPMENT •COMMUNICATION •COMPENSATION EMPLOYEE TURNOVER
  7. 7. METHODS OF DATA COLLECTION
  8. 8. ANALYSIS ON THE BASIS OF TARGETTED=2 5 ANALYSED=10
  9. 9. BASIS FOR ANALYSIS
  10. 10. PRIMARY REASONS• HIGHER COMPENSATION/SALARY ASPIRATION• BETTER BENEFITS PACKAGE• BETTER CAREER OPPORTUNITY• UNSUPPORTIVE SUPERIORS• NO RECOGNITION• OTHER REASONS
  11. 11. NEW COMPANY PROVIDED THAT BIL DOESNT
  12. 12. ANALYSIS ON THE BASIS OF EXIT INTERVIEW FORMS
  13. 13. NUMBER OF EMPLOYEES
  14. 14. REASONS FOR LEAVING BIL
  15. 15. ANALYSIS REGARDING TRAINING
  16. 16. DEPARTMENT WISE ANALYSIS
  17. 17. COMPARISONTELEPHONIC INTERVIEW EXIT FORMS HIGH MONETARY  BETTER CARRER INCENTIVE IS THE OPPORTUNITY IS THE PRIMARY REASON FOR PRIMARY REASON FOR LEAVING. LEAVING. DISSATISFACTION  SATISFATION REGARDING REGARDING TRAINING. TRAINING RELATED TO JOB BUT LACK IN TRAINING RELATED TO MANAGERIAL CAPABILITY.
  18. 18. • BIL should provide enough career opportunities to its employees• Training for their growth should be imparted• Fair compensation should be provided• Job rotation should take place to avoid monotony
  19. 19. The FITO ( Fun in the organisation )concept should also be introduced tomotivate the employees.
  20. 20. CONCLUSIONTherefore, on the basis of observations it is recommended to follow the tools like providingmonetary benefits, better internal growth opportunities, proper training etc. Also FITO (Fun in theOrganization) Concept should also be followed to create good working environment. Thereforeabove are the potential tools which will help to reduce turnover and increase employee satisfactionand commitment. In turn, an effective reduction in turnover has clear economic andorganizational benefits that can more than pay back the investment made in an exit survey system.

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