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TYRE MANUFACTURING
INDUSTRY PVT LIMITED AT COIMBATORE
CHAPTER I
INTRODUCTION
All businesses, large and small, have some way of keeping track of their finances.
Businesses are constantly looking for more ways to keep expenses low. One factor that is
often overlooked, however, is the cost of employee turnover.
High employee turnover can cost a company more than they might realize in the long
run. This report explains some causes of high employee turnover, who it affects the most, and
ways companies can decrease employee turnover in order to cut hidden costs.
Employee turnover occurs when employees voluntarily leave their jobs and must be
replaced. Turnover is expressed as an annual percentage of the total workforce.
Turnover should not to be confused with layoffs, which involve the termination of
employees at the employer's discretion in response to business conditions such as reduced
sales or a merger with another company.
The severity of turnover varies widely by type of business and the economic health of
the region where companies are located. Innovative high-tech companies and the most
successful manufacturers frequently experience low turnover rates while fast-food restaurant
managers expect turnover to be as high as 50 to 75 percent
Many factors play a role in the employee turnover rate of any company, and these can
stem from both the employer and the employees. Wages, company benefits, employee
attendance, and job performance are all factors that play a significant role in employee
turnover.
Turnover is measured for individual companies and for their industry as a whole. If an
employer is said to have a high turnover relative to its competitors, it means that employees
of that company have a shorter average tenure than those of other companies in the same
industry.
High turnover can be harmful to a company's productivity if skilled workers are often
leaving and the worker population contains a high percentage of novice workers
However, high turnover rates of skilled professionals can pose as a risk to the
business or organization, due to the human capital (such as skills, training, and knowledge)
lost.
Notably, given the natural specialization of skilled professionals, these employees are
likely to be re-employed within the same industry by a competitor. Therefore, turnover of
these individuals incurs both replacement costs to the organization, as well as resulting in a
competitive disadvantage to the business
1. Involuntary: -
In this case, the employee ceases to work for the company due to being laid off or
terminated. It could be because the company is trying to cut costs, or the employee has
violated company policy.
2. Voluntary: -
Voluntary turnover is when an employee terminates employment on their own accord.
Relocation going
Back to school
Starting a family
Taking care of an elderly relative
General job dissatisfaction such as low pay, lack of benefits, or poor management
There are several factors that cause high turnover within companies. This report will focus
on voluntary turnover, because voluntary turnover is something that companies are more able
to control. Employees voluntarily quit for several reasons, specifically:
There are some other numbers of factors that contribute to employee turnover. We explore
some of these factors in more detail below:-
The economy - in exit interviews one of the most common reasons given for leaving
is the availability of higher paying jobs. Some minimum wage workers report leaving
one job for another that pays only 50 cents an hour more. Obviously, in a better
economy the availability of alternative jobs plays a role in turnover, but this tends to
be overstated in exit interviews.
The performance of the organization - an organization perceived to be in economic
difficulty will also raise the spectre of impending layoffs. Workers believe that it is
rational to seek other employment.
The organizational culture - much has been written about organizational culture. It
is sufficient to note here that the reward system, the strength of leadership, the ability
of the organizations to elicit a sense of commitment on the part of workers, and its
development of a sense of shared goals, among other factors, will influence such
indices of job satisfaction as turnover intentions and turnover rate.
The characteristics of the job - some jobs are intrinsically more attractive than
others. A job's attractiveness will be affected by many characteristics, including its
repetitiveness, challenge, danger, perceived importance, and capacity to elicit a sense
of accomplishment. A job's status is also important, as are many other factors.
Unrealistic expectations - Another factor is the unrealistic expectations and general
lack of knowledge that many job applicants has about the job at the time that they
receive an offer. When these unrealistic expectations are not realized, the worker
becomes disillusioned and decides to quit.
Demographics - empirical studies have demonstrated that turnover is associated in
particular situations with demographic and biographical characteristics of workers.
But to use lifestyle factors (e.g. smoking) or past employment history (e.g. many job
changes) as an explicit basis for screening applicants, it is important for legality and
fairness to job applicants to verify such bio data empirically.
High turnover often means that employees are unhappy with the work or compensation,
but it can also indicate unsafe or unhealthy conditions, or that too few employees give
satisfactory performance (due to unrealistic expectations or poor candidate screening).
The lack of career opportunities and challenges, dissatisfaction with the job-scope or
conflict with the management has been cited as predictors of high turnover. High rate of
turnover may lead to decrease in:
Productivity
Service delivery
Spread of organizational knowledge
Low turnover indicates that none of the above is true: employees are satisfied, healthy
and safe, and their performance is satisfactory to the employer. However, the predictors of
low turnover may sometimes differ than those of high turnover.
Employee turnover is one of the most study important issues to organizations, and one
that needs special attention.
It has some significant effects on organizations; new employees must be hired and
trained, it is also needed to consider the time required for a new employee to be
effectively productive.
Staffs turnover is a warning sign of low morale and it is the amount of movement in
and out of employees in an organization. In general, employees either leave their jobs
voluntarily by their own decision or forced to leave by the decision of the employer
Employee’s turnover is one of the factors which affects the organization’s
productivity; which is considered to be one of the challenging issues in business
nowadays.
The impact of turnover has received considerable attention by senior management,
human resources professionals and industrial psychologists. It has proven to be one of
the most costly and seemingly intractable human resource challenges confronting by
several organizations globally.
Porter and Steers (1973) suggested that the issue of met expectations was central to
the individual’s decisions to leave an organization. Each employee has his or her own
set of expectations upon entering an organization.
Should these expectations not be met, the individual will become dissatisfied and
leave..
In Ethiopia, even though few studies like: study conducted on ERA and IRC shows
about turnover of employees, there is no empirical studies conducted on public
organizations employees’ turnover which were supported by formal and published
research.
Enterprise because of employees’ turnover is a big issue in the organization.
Currently, most young employees are leaving the organization due to unknown
reasons.
Hence, this study clearly identified the causes of employees’ turnover and its
management or retention mechanism will help in developing appropriate policy and
training program at country level in general and at public organizational level in
particular.
SIGNIFICANCE OF THE STUDY
The success of any manufacturing organization depends largely on the workers, the
employees are considered as the backbone of j.q.tyre manufacturing industry pvt
limited at coimbatore
The turnover rate of the company is 11.4%. So this study focused on why the
Turnover occurs and the possible ways to reduce it.
This study can be helpful in knowing, why the employees prefer to change their job
and which factors make employee dissatisfy.
Since the study is critical issue, it is needed by the originations in order to assess the
overall interest and the feelings of the employees towards their nature of job and
organization.
This study can be helpful to the management to improve its core weaknesses by the
suggestions and recommendations prescribed in the project.
This study can serve as a basis for measuring the organization’s overall performance
in terms of employee satisfaction.
The need of this study can be recognized when the result of the related study need
suggestions and recommendations to the similar situation.
OBJECTIVE OF THE STUDY
To identify the rate of turnover of ―employees
To identify the causes of employees turnover
To suggest measures to reduce the rate of turnover
To identify the actual reasons of turnover
To analyze how turnover affects productivity on organizations.
To find out the possible solutions of reducing turnover.
To help business organizations by identifying their problems, analyzing the
information’s and recommending for possible solution
The scope of the study was limited to the participants who left the department
Due to the restricted research timeframes and resource, the researcher did not focus
on the involuntary turnover causes including those employees who were employed
on a contractual basis.
Though there could have been many motives behind staff turnover at various levels
that could have provided a more balanced finding, but the researcher focused on
voluntary turnover.
The results and findings were limited to a single organization – the Gauteng
Department of Finance;
Employees may not be willing to share their experiences and therefore not willing to
participate;
Employees may have changed their telephone numbers and numbers on the jq tyre
manufacturing industry pvt limited at coimbatore
INDUSTRY PROFILE
J Q Industries
JQ Organization owes its name to Late Lala Juggilal Singhania, a dynamic personality
with a broad vision, Inspired by the Swadeshi movement of Mahatma Gandhi, and driven by
the zeal to set up an Indian enterprise, Lala Kamlapat Singhania founded JQ organization in
the 19th century in India.
1933 First in India to manufacture calico prints- {Juggilal Kamlapat cottons spinning and
weaving mills company, Kanpur.}
1940 First in India to manufacture steel bailing Hoops for jute and cotton and to make the
country self sufficient by meeting the entire demand- J.K Iron and Steel Co. Ltd.,
Kanpur.
1944 First in India to produce Aluminum Virgin Metal for Indian Bauxite-Aluminum
Corporation of India Ltd., Jaykayanagar.
1949 First in India to manufacture Engineering files- J.K. Engineer’s files Bombay.
1960 First in India to set up a Hydraulically operated Cane Crushing Mill for Kandsari
Sugar Plant and completed 100 ton plant.
1961 First in world to set up a plant for production of Hydrosulphite of soda by Sodium
Amalagam process- J.K. Chemicals Ltd., Bombay.
1962 First in India to produce Nylon-6 with its own polymerized raw material- J.K.
Synthetics Ltd., Kota.
1976 First in India to produce steel belted Radial tyres for passenger car, trucks and buses-
J.K. Tyre plant, Kankroli.
1980 First in the world to make steel belted radial tyres for 3 wheelers.
1991 Banmore tyre plant {BTP} set up with the capacity of 5.7 lacks tyres per annum.
1994 India’s first T-rated tyre launched Banmore Tyre Plant {BTP} Crossed 100 TPD.
1995 Mercedes Benz launched on JQ STEEL RADIALS first tyre manufacturer in the
world to get ISO 9001.
1996 India’s first dual contact high tractions steel radial- aqua sonic launched. {Introduce
steel wheels}.
1998 First tyre manufacturer in the world to get QS 9000. Awarded CAPEXIL’S highest
export award for 1997-98.
2001 J.K. industries received FOCUS LAC EXPORT award for the year 1999-2000.
In the year 1970 this company was conceived as a joint venture by the participation of
south Indian export company Pvt Ltd, Coimbatore with tamilnadu state industrial investment
and development corporation Ltd {TSIIDC} for establishing and automobile tyres and tubes
manufacturing unit at Metagalli industrial area in Mysore. In 1977 the management was taken
over by the Government of Tamilnadu state industrial investment and development
corporation Ltd {TSIIDC}. The commercial production started from 19th may 1980. During
1985 a plant was set up for manufacturing of radial tyres.
The company is certified under ISO 9001, QS 9000, ISO 14001 and ISO/TS
16949:2002 certifications, for design manufacture and sale of automobile tyres, tubes, flaps
and tread rubber. JQ industries ltd was inducted as strategic Alliance Partner {SAP} during
may 1997 with a view to improve the overall performance of the company. Collaboration
agreement was entered with the M/S Continental tyres Germany in 1980. JQ Tyer Limited, a
JQ tyres associate, manufactures cutting edge innovative products at conformed to the highest
international standards.
Joint Venture by SIEC Pvt. Ltd., and TSIIDC conceived to manufacture Automotive
1970 Tyres and Tubes at Tamilnadu.
1973 Incorporated as a joint venture company by TSSIDC and SIEC Pvt. Ltd., Madras
{Chennai}.
1985 T-Pilot plant setup for manufacturing of truck Radial Tyre Plant.
1999 Certified to QS 9001:1998 QMS and also ISO 14001:1996 EMS. Turnaround under
JQ management within 10 months and declared divided after a gap of 6 years.
Massive modernization and up gradation investing Rs. 224.13 crores.
2000 March-Bias plant-Rs 73.16 crores, December-Truck Radial Plan- Rs 150.97 crores.
2003 Merged with JQIL. Certified to ISO/RS 16949:2002 process based QMS.
2004 First Indian tyre company to adopt process based management through Business
Process Re- Engineering {BPR}.
COMPANY PROFILE
The history of J.Q tyres can be traced back 70’s when MNC’s and Indian tyre major’s
dominated the tyre industry. J.Q Tyres is a leader in the Indian tyre industry and a significant
global player, providing customer delight and enhancing shareholder value was registered in
1972. The license was firstly given to works to start a tyre factory at Coimbatore .In 1975
Raunaq Singh purchased the license from works. It is one of the flagship companies of
Raunaq group. The plant is situated at COIMBAORE. Total area covered where 97 acres
which was bought from people who stayed there by, at cheaper rate. At the starting time the
production capacity was 54 tons per day.
The J.Q tyre owned by Raunaq group of industries place an important rolling world tyre
industry. The products include tires , tubes and flaps for all vehicles. The head office of
company is at New Delhi and registered office is at COIMBATORE. The main marketing
activities are concentrated in New Delhi and around 2400 exclusive dealers for J.Q cover the
entire area of India. During 1977 to 1981 the company was under heavy loss.
The capacity utilization was only 40 to 50 % capacity. The emphasis is given on growth
quality and objectives are redefined when Mr.Onkar S Kanwar took over the company’s
affairs . Company began to earn profit and accumulated losses of 26 cores could be wiped out
with short span of time.
There second plant was installed at Limda village at Baroda in Gujarat, which started
production in 1991 having capacity of 6.5 lakh tyre/annum. This is most modern plant. The
R&D centre is also functioning at this location The third plant at kalamassery was taken over
by J.Q from Premier tyres .While take over this plant was a sick unit. After the takeover J.Q
spent a good amount in modernizing the plant and now it is profit earning unit. The entire
requirement of tubes for all plants of J.Q is done from here
VISION:
MISSION:
To make truck/bus radial operations profitable and retain leadership in the passenger
radial market.
QUALITY POLICY:
They continuously anticipate and understand customer requirement, convert these into
performance standards for their product and service and to meet the standards every time.
VALUES:
Customer first
Business ethics
Care for society
Empowerment
Communicate openly
One family
GOALS:
The major products of JQ Company are automobile tyre {Nylon tube tyre, radial tube and
tubeless tyre tubes names.
1} Truck Tyre
2} Light Tucks
4} Tubes
5} Flaps
MANUFACTURING LOCATIONS
JQ Tyre has five Modern plants in India which are strategically located at
Kankroli, Rajasthan
JQ Tyre has also enhanced its global reach by taking over Tornel a renowed Mexican
company, which has 3 plants in Mexico. All these plants are equipped with World’s most
advanced manufacturing and testing machines.
PLANT CURRENT
CAPACITY(MT/DAY)
TOTAL 696.95
Achievements /awards
4. Mercedes Benz launched on JQ Tyres radials first tyre manufacture in the world to get
ISO 9001.
9. JQ industries received FOCUS LAC EXPORT award for the year 1999 and 2000.
11. First Indian Tyre Company to adopt process based management process based
management through business process re-engineering (BPRO).
Work Flow Model
The company opted for BPR (Business Process re-Engineering) with the concept of “Factory
with in Factory ‘called as Business Units. The primary objective of this concept is to focus on
Operational Efficiency such as production, quality, Cost, Deliverables and other parameters.
BU 5: Tyre Dispatch
BU 4: Radial Tyres
The Business Units are supported by SSUs calls as Service Support Units. general
functioning of Bus.
SSU 3: Finance
SSU 5: HR , IR , GAD
BU 1
Compound is the process of mixing the necessary raw materials with selected
elastomer in the ban bury. Ban bury is an internal mixer, which consists of a completely
enclosed mixing chamber with two spiral shaped rotors. There is a hoper to feed the
ingredients and a door to discharge the mix. The rubber ingredients like chemicals are
weighted as mentioned in specification file and feed into hoper. Then the mixing process
takes place. Required mixing time is fixed to get better quality mixing.
2) Extruder:
The main function of an extruder is to produce tread and side wall, bead, apex.
Extrusion is a process of forcing the mixed compound by means of screw, which rotates
inside the barrel. There are two types of extruder: a) Screw extruder, b) Ram extruder.
The dipping process takes places in a zeal plant. Here rayon, nylon. Polyesters are
dipped in a solution containing normally latex based resorcinol formaldehyde to improve
adhesive properties. Then the fabric is dried at a temperature of about 280-300 F for 150-180
sec, the fabric is stretches to about 0-15%
4) Calendaring:
Calendaring is a machine, which consists of three or four rolls held in a frame work
used to produce the rubber sheets of required strength and length. To get a better quality
calendared fabric with uniform gauges, viscosity is important in the same way, hot
temperature of about 110-137mm.
BU 2
5) Bias Cutter:
It is a machine used to make ply’s or to the rubber coated fabrics at required width
and angle, which are used in the production of tyres. Bias angle is the angle of cords in tyres
with respect to the central line. Based on the ideal cured angle, required for particular type
size and pattern, bias angle is calculated for the particular drum.
6) Pocket Making:
It is a process of making the pocket from the angle cutter fabrics. In pocket making
section, three types of pockets are constructed. The ply’s used for the first and second pocket
are known ad inner ply and those used for third pocket are known as outer ply.
7) Bead Assembly : Bead wire – High tensile copper coated Steelwire coated with compound
wound on a former , fillered and flipped
8) Tyre Assembly : All individual components of tyre Viz Beads , Pockets, Tread and
Sidewall are assembled on a Building drum and the finished product is called as Green –
Tyre.
BU 3
9) Bladder:
Butyl rubber compound is used for making the bladder. As first, butyl rubber is mixed
with specified chemicals properly and then it enters the extruder section by the use of the
extruder, a specific length and width of slug is extruded. Then the ends of the slugs are cut
into the specified angle for proper joining.
8) Tyre Moulding:
Before moulding operations, the green tyre has to be made ready for painting with
inner lubricants inside tyre for easy release from the bladder and the side walls are to be
coated with blemish paints.
9) Tyre Curing:
It is a process of cross linking the rubber compounds through heat and pressure. For
the pressure of curing tyres presses are used. These pressed are pre warmed before loading of
green tyre is done in the top ring raise condition with vacuum.
After curing, the tyres obtained by trimming of the extensions on the tyres surfaces
are checked for defects. Thus the process of removing excess materials from the tyre after
curing is called finishing. The finishing process is done either by buffing or trimming
method. All the tyres then are inspected and separated.
BU 5 :
Finished Goods Storage and dispatch : Storing of Okay tyres and arranging logistics
to various depots / STUs / OEMs as per the marketing requirements.
Profit Maximization.
Structure
JQ Industries limited formerly being public sector unit, is a democratic and well
organized structure in itself. The lower level and functional level managers are consulted and
consultations are analyzed before the top management takes any decisions.
JQ Industries limited adopted the BPR (Business process re engineering) concepts, its
objectives.
Radically improve the process and make changes in the way business is done.
Bhakul Jain
MANAGING DIRECTOR
WORKERS WORKERS
SECURITY
CHAPTER II
REVIEW OF LITERATURE
REVIEW OF LITERATURE
RESEARCH METHODOLOGY
RESEARCH DESIGN:
The research design indicates the type of research methodology under taken to collect
the information for the study. The researcher used both descriptive and analytical type of
research design for his research study.
The main objective of using descriptive research is to describe the state of affairs as it
exists at present. It mainly involves surveys and fact finding enquiries of different kinds. The
researcher used descriptive research to discover the characteristics of customers.
Descriptive research also includes demography characteristic of consumer who use
the product. The researcher also used analytical research design to analyze the existing facts
from the data collected from the customer.
RESEARCH PROBLEM:
The present study is titled as a Project Report on A STUDY ON EMPLOYEE
TURNOVER OF J.Q.TYRE MANUFACTURING INDUSTRY PVT LIMITED AT
COIMBATORE
AREA OF STUDY:
The area of study is confined to employees of J.Q.TYRE MANUFACTURING
INDUSTRY PVT LIMITED AT COIMBATORE
RESEARCH INSTRUMENT:
The Structured questionnaire is used as the research instrument for the study.
QUESTIONNAIRE DESIGN:
The questionnaire framed for the research study is a structured questionnaire in
which all the questions are predetermined before conducting the survey.
The form of question is of both closed and open type.
The questionnaire for the research was framed in a clear manner such that it
enables the respondents to understand and answer the question easily.
The questionnaire was designed in such a way that the questions are short and
simple and is arranged in a logical manner.
PILOT STUDY:
It is appropriate to conduct pilot survey to check the reliability of the questionnaire.
So pilot study was conducted on 150 respondents which is a 10% of the sample.
PRIMARY DATA:
Primary data is one, which is collected from fresh sources and for the first time while
conducting the research. For the project, primary survey has been undertaken through a
survey instrument consisting of structured questionnaire filled by employees by the way of
personal interviewing
SECONDARY DATA:
Secondary data is that data which has been collected for some other purpose. There are
two types of sources for collecting secondary data:
Internal sources
External sources Internal sources of secondary data includes the data generated within
the organization E.g. Annual Publications, Books, Magazines and Internet etc.
SAMPLE SIZE:
Sample size=150 samples, variance and confidence methods are used for determining
sample size.
SAMPLING PLAN
A sampling plan is a definite design for obtaining a sample from the sampling frame.
It refers to the technique or the procedure the researcher would adopt in selecting some
sampling units from which interpretations about the population is drawn. Sampling design is
determined before any data are collected.
Selective Sampling technique was adopted. In this method the researcher select those
units of the population in the sample, which appear convenient to him or the management of
the organization where he is conducting research.
SAMPLE OF STUDY-
The sample is a basic unit consisting of the elements of the population to be sampled.
Sample population includes employees from J.Q.TYRE MANUFACTURING INDUSTRY
PVT LIMITED AT COIMBATORE. The population includes the employees of the various
departments in the organization.
SAMPLE DESIGN-
To select the samples, the sampling technique used was Simple Random Sampling.
Themain benefit of Simple Random Sampling is that it guarantees that the sample chosen is a
representative of the population.
This ensures that the statically conclusions will be valid. In this technique each
member of the population has an equal chance of being selected as subject.
The entire process of sampling is done in a single step with each subject selected
independently of the other member of the population.
TOOL FOR DATA COLLECTION-
The research instrument used in this study is structured questionnaire which consists
of 25 questions. It was predetermined before conducting the survey. The questions are open
ended.
Percentage method
Chi-square test
TABLE 4.1
INTERPRETATION:
The above tables shows that he age of the employee are 20.7% of the respondents are
below 25 years, 26.0% of the respondents are 25-35 years, 36.0% of the respondents are 35-
45 years, and 17.3% of the respondents are above 45 years.
CHART 4.1
40
AGE OF THE RESPONDENT
35
30
PERCENTAGE
25
20
36
15 Series1
26
10 20.7
17.3
5
0
Below 25 25-35 35-45 Above 45
AGE
TABLE 4.2
INTERPRETATION:
The above table can be interpreted that the Gender of the respondent are 50.7% of the
respondent of male, 49.3% of the respondent of female.
CHART 4.2
Male
49.3 50.7
Female
TABLE 4.3
INTERPRETATION:
The above table can be interpreted that the marital status of the respondent are
52.7% of the respondent are married, 47.3% of the respondent are unmarried.
CHART 4.3
47.3
52.7
Married
Unmarried
TABLE 4.4
INTERPRETATION:
The above table can be interpreted that the designations of the respondent are
17.3% of the respondent is working at manager, 26.7% of the respondent is working at
supervisor, 30.7% of the respondent is working at accountant and 25.3% of the respondent is
working at others.
CHART 4.4
20
30.7
15 26.7 25.3
10 17.3
5
0
Manager Supervisor Accountant Others
DESIGNATION
TABLE 4.5
INTERPRETATION:
The above table can be interpreted that the Qualification of the respondent are 9.3%
of the respondent are qualified in HSC, 12.0% of the respondent are qualified in Degree,
22.0% of the respondent are qualified in ITI and 20.0% of the respondent are qualified in
Diploma,19.3% of the respondent are qualified in AMIE,17.3% of the respondent are
qualified in PG.
CHART 4.5
25 EDUCATIONAL QUALIFICATION
20
PERCENTAGE
15
22
10 20 19.3
17.3
12
5 9.3
0
HSC Degree ITI Diploma AMIE PG
EDUCATION QUALIFICATION
TABLE 4.6
INTERPRETATION
The above table can be interpreted that the experience is 17.3% of the respondent
are working in this organization less than 5 years, 27.3% of the respondent are working in
this organization 5-10 years, 34.7% of the respondent are working in this organization 10-
15 years and 20.7% of the respondent are working in this organization above 16 years.
CHART 4.6
20 34.7
15 27.3
20.7
10 17.3
5
0
Less than 5 5-10 years 10-15 years Above 16
years years
EXPERIENCE
TABLE 4.7
TYPE OF THE EMPLOYEEMENT
INTERPRETATION:
The above table can be interpreted that the employment of 12.7% of the respondent
are permanent employee in this company , 22.0% of the respondent of probationary
employee in this company, 22.7% of the respondent of temporary employee in this company
and 19.3% of the respondent contract employee in this company,23.3% of the respondent not
working employee in this company.
CHART 4.7
TYPE OF THE EMPLOYEEMENT
25
EMPLOYEEMENT
20
PERCENTAGE
15
22 22.7 23.3
10 19.3
12.7
5
0
Permanent Probationary Temporary Contract Others
EMPLOYEMENT
TABLE 4.8
INTERPRETATION:
The above table can be interpreted that the income of the respondent are 17.3% of the
respondent are earn the income level is less than 5000, 22.7% of the respondent are earn the
income level is 5000-10000, 26.0% of the respondent are earn the income level is 10000-
15000 and 26.0% of the respondent are earn the income level is 15000-20000,8.0% of the
respondent are earn the income level is above 20000.
CHART 4.8
30
INCOME OF THE RESPONDENT
25
PERCENTAGE
20
15 26 26
22.7
10 17.3
5 8
0
INCOME
TABLE 4.9
INTERPRETATION:
The above table can be interpreted that the training period are 9.3% of the respondent
are says that company provided the training period on one day, 33.3% of the respondent
says that company provided the training period on 1-3 days, 34.7% of the respondent are
says that training period on 1 week and 22.7% of the respondent are says that training
period on 1 month.
CHART 4.9
TRAINING PERIOD
9.3
22.7
INTERPRETATION
The above table can be interpreted that the 10.0% of the respondent strongly
disagree with the decision making process, 23.3% of the respondent are says that disagree,
30.7% of the respondent are says that neither nor and 24.7% of the respondent are says that
strongly agree, 11.3% of the respondent agree with the decision making process.
CHART 4.10
THE ET SYSTEM HELPS IN FAST AND BETTER DECISION MAKING
35
BETTER DECISION MAKING
30
25
PERCENTAGE
20
30.7
15
23.3 24.7
10
10 11.3
5
0
Strongly Disagree Neither nor Strongly Agree
disagree agree
OPINION
TABLE 4.11
INTERPRETATION:
The above table can be interpreted that the 6.7% of the respondent of Strongly
Disagree with enhanced productivity or service quality, 19.3% of the respondent are says
that Disagree, 31.3% of the respondent of says that Neither nor and 26.7% of the
respondent Strongly Agree enhanced productivity or service quality,16.0% of the respondent
Agree enhanced productivity or service quality..
CHART 4.11
PRODUCTIVITY OR 31.3
35
SERVICE QUALITY
30 26.7
25
PERCENTAGE
19.3
20 16
15
10 6.7
5
0
Strongly Disagree Neither nor Strongly Agree
disagree agree
OPINION
TABLE 4.12
INTERPRETATION:
The above table can be interpreted that the 10.0% of the respondent are says that
Strongly Disagree with the company sharing best practices, 24.0% of the respondent sare
says that Disagree, 32.7% of the respondent of Neither nor with the company sharing best
practices and 24.7% of the respondent are says that Strongly Agree,8.7% of the respondent
Agree with the company sharing best practices.
CHART 4.12
35
RESULTS IN SHARING BEST PRACTICES
30
25
PERCENTAGE
20
32.7
15
24 24.7 Series1
10
5 10 8.7
0
Strongly Disagree Neither nor Strongly Agree
disagree agree
OPINION
TABLE 4.13
INTERPRETATION:
The above table can be interpreted that the 7.3% of the respondent are Strongly Disagree ,
with ET makes it easy to ET different market 26.7% of the respondent are says that Disagree
with ET makes it easy to ET different market , 32.0% of the respondent are says that Neither
nor and 22.0% of the respondent are says that Strongly Agree,12.0% of the respondent are
says Agree that ET makes it easy to ET different market.
CHART 4.13
35
ET DIFFERENT MARKET TYPES
30
25
20
32
PERCENTGAE
15 26.7
22
10
12
5 7.3
0
Strongly Disagree Neither nor Strongly Agree
disagree agree
OPINION
TABLE 4.14
INTERPRETATION:
The above table can be interpreted that the 3.3% of the respondent are Strongly
Disagree with the increased innovation by the employees, 16.0% of the respondent are says
that Disagree, 28.0% of the respondent are says that Neither nor and 26.7% of the
respondent are says that Strongly Agree ,26.0% of the respondent Agree with the increased
innovation by the employees.
CHART 4.14
3.3
26 16 Strongly disagree
Disagree
Neither nor
28 Strongly agree
26.7 Agree
TABLE 4.15
INTERPRETATION:
The above table can be interpreted that the 11.3% of the respondent are Strongly
Disagree, with the increased market share ,26.0% of the respondent are Disagree with the
increased market share , 26.7% of the respondent are Neither nor with the increased market
share and 21.3% of the respondent are says that Strongly Agree,14.7% of the respondent is
Agree with the increased market share .
CHART 4.15
APPLICATION OF ET SYSTEM
Agree 14.7
0 5 10 15 20 25 30
PERCENTAGE
TABLE 4.16
INCREASES THE LEARNING/ADAPTATION CAPABILITY OF EMPLOYEES.
INTERPRETATION:
The above table can be interpreted that the e 16.0% of the respondent are says that
Strongly Disagree , 26.7% of the respondent of Disagree with the learning/adaptation
capability of employees , 26.7% of the respondent are says that Neither nor and 20.0% of
the respondent are says that Strongly Agree,10.7% of the respondent Agree with the
learning/adaptation capability of employees.
CHART 4.16
INCREASES THE LEARNING/ADAPTATION CAPABILITY OF EMPLOYEES.
30
CAPABILITY OF EMPLOYEES
25
PERCENTAGE
20
15 26.7 26.7
10 20
16
10.7
5
0
Strongly Disagree Neither nor Strongly Agree
disagree agree
OPINION
TABLE 4.17
ET HELPS IN BETTER STAFF ATTRACTION
INTERPRETATION:
The above table can be interpreted that the 15.7% of the respondent are Strongly
Disagree, with the ET helps in better staff attraction, 16.7% of the respondent is Disagree that
the ET helps in better staff attraction, 29.3% of the respondent are says that Neither nor and
24.7% of the respondent Strongly Agree with the ET helps in better staff attraction,14.0% of
the respondent Agree with the ET helps in better staff attraction.
CHART 4.17
29.3
TABLE 4.18
INTERPRETATION:
The above table can be interpreted that the Collaboration of the organization are
18.0% of the respondent are says that Strongly Disagree , 22.7% of the respondent are says
that Disagree that Collaboration of the organization, 27.3% of the respondent are says that
Neither nor and 18.0% of the respondent are says that Strongly Agree,14.0% of the
respondent are says that Agree that Collaboration of the organization.
CHART 4.18
PERCENTAGE 20
15 27.3
22.7
10 18 18
14
5
0
Strongly Disagree Neither nor Strongly Agree
disagree agree
OPINION
TABLE 4.19
ET HELPS TO ADDRESS THE COMMUNICATION GAP IN THE
ORGANIZATION
The above table can be interpreted that the 14.0% of the respondent of Strongly
Disagree, that address the communication gap of the organization ,22.0% of the respondent
of Disagree, 25.3% of the respondent are says that Neither nor and 27.3% of the respondent
are says Strongly Agree that address the communication gap of the organization,11.3% of
the respondent tare says Agree that address the communication gap of the organization.
CHART 4.19
ET HELPS TO ADDRESS THE COMMUNICATION GAP IN THE
ORGANIZATION
30
ADDRESS THE COMMUNICATION
25
PERCENTGAE 20
15 27.3
25.3
22
10
14
11.3
5
0
Strongly Disagree Neither nor Strongly Agree
disagree agree
OPINION
TABLE 4.20
ET HELPS IN CONSTANT AND CONTINUOUS TRANSFORMATION OF
INDIVIDUAL LEARNING TO ORGANIZATIONAL
SL.NO PARTICULAR FREQUENCY PERCENTAGE
1 Strongly disagree 21 16.0
2 Disagree 32 21.3
3 Neither nor 38 25.3
4 Strongly agree 38 25.3
5 Agree 18 12.0
Total 150 100.0
INTERPRETATION:
The above table can be interpreted that the 16.0% of the respondent is strongly
Disagree, with the Individual learning of the organization ,21.3% of the respondent are
Disagree , with Individual learning of the organization 25.3% of the respondent of Neither
with Individual learning of the organization and 25.3% of the respondent are says that
Strongly Agree,12.0% of the respondent are says that Agree.
CHART 4.20
ET HELPS IN CONSTANT AND CONTINUOUS TRANSFORMATION OF
INDIVIDUAL LEARNING TO ORGANIZATIONAL
INDIVIDUAL LEARNING
12 16
Strongly disagree
Disagree
25.3 Neither nor
21.3
Strongly agree
Agree
25.3
TABLE 4.21
ET RESULTS IN INCREASED DELEGATION OF AUTHORITY AND
ACCOUNTABILITY TO INDIVIDUALS.
SL.NO PARTICULAR FREQUENCY PERCENTAGE
1 Strongly disagree 11 7.3
2 Disagree 30 20.0
3 Neither nor 45 30.0
4 Strongly agree 39 26.0
5 Agree 25 16.7
Total 150 100.0
INTERPRETATION:
The above table can be interpreted that the 7.3% of the respondent are Strongly
Disagree with the increased delegation of authority and accountability to individuals, 20.0%
of the respondent are says that Disagree, 30.0% of the respondent are says that Neither nor
with the increased delegation of authority and accountability to individuals and 26.0% of the
respondent are says that Strongly Agree,16.7% of the respondent are says that Agree.
CHART 4.21
ET RESULTS IN INCREASED DELEGATION OF AUTHORITY AND
ACCOUNTABILITY TO INDIVIDUALS.
30
30
ACCOUNTABILITY TO INDIVIDUALS
26
25
20
Axis Title 20 16.7
15
10 7.3
0
Strongly Disagree Neither nor Strongly Agree
disagree agree
Axis Title
TABLE 4.22
INTERPRETATION:
The above table can be interpreted that the 11.3% of the respondent are Strongly
Disagree with the Better Standards of the organization , 14.0% of the respondent of Disagree
with the Better Standards of the organization, 30.0% of the respondent are says that Neither
nor and 26.7% of the respondent Strongly Agree with the Better Standards of the
organization,18.0% of the respondent Agree with the Better Standards of the organization..
CHART 4.22
20
15 30
26.7
10 Series1
18
14
11.3
5
0
Strongly Disagree Neither Strongly Agree
disagree nor agree
OPINION
CHAPTER-IV
FINDINGS
Majority of age of the employee are 36.0% of the respondents are aged between 35-45
years
Majority of Gender is 50.7% of the respondent are male
Majority of marital status of the respondent are 52.7% of the respondent are married,
Majority of 30.7% of the respondent are working in this company at Accountant and
25.3% of the respondent working in this company Others.
Majority of 22.0% of the respondent are qualified in f ITI and 20.0% of the
respondent of Diploma
Majority of 27.3% of the respondent are working in this company 5-10 years,
34.7% of the respondent are working in this company 10-15 years
Majority of 22.0% of the respondent of working on Probationary employee , 23.3%
of the respondent are working on Others.
Majority of 26.0% of the respondent are earn the monthly income is 10000-15000
and 26.0% of the respondent are earn the monthly income is 15000-20000
Majority of 33.3% of the respondent are says that company provided by the training
period 1-3 Days, 34.7% of the respondent says that company provided by the training
period 1 week
Majority of 30.7% of the respondent are says that neither nor with the decision
making process and 24.7% of the respondent are says that strongly agree.
Majority of 31.3% of the respondent of says that Neither nor and 26.7% of the
respondent Strongly Agree enhanced productivity or service quality,.
Majority of 32.7% of the respondent of Neither nor with the company sharing best
practices and 24.7% of the respondent are says that Strongly Agree,
Majority of 26.7% of the respondent are says that Disagree with ET makes it easy to
ET different market , 32.0% of the respondent are says that Neither nor
Majority of 28.0% of the respondent are says that Neither nor with the increased
innovation by the employees, 26.0% of the respondent Agree with the increased
innovation by the employees.
Majority of ,26.0% of the respondent are Disagree with the increased market share ,
26.7% of the respondent are Neither nor with the increased market share
Majority of , 26.7% of the respondent of Disagree with the learning/adaptation
capability of employees , 26.7% of the respondent are says that Neither nor.
Majority of 29.3% of the respondent are says that Neither nor and 24.7% of the
respondent Strongly Agree with the ET helps in better staff attraction.
Majority of , 22.7% of the respondent are says that Disagree that Collaboration of the
organization, 27.3% of the respondent are says that Neither nor .
Majority of 22.0% of the respondent of Disagree, 25.3% of the respondent are says
that Neither nor and 27.3% of the respondent are says Strongly Agree that address
the communication gap of the organization
Majority of 25.3% of the respondent of Neither with Individual learning of the
organization and 25.3% of the respondent are says that Strongly Agree.
Majority of 30.0% of the respondent are says that Neither nor with the increased
delegation of authority and accountability to individuals and 26.0% of the
respondent are says that Strongly Agree
Majority of 30.0% of the respondent are says that Neither nor and 26.7% of the
respondent Strongly Agree with the Better Standards of the organization.
RECOMMENDATIONS
SUGGESTION
Taking into consideration career opportunities, 60% said that they need more
exposure and their potential remains under-utilized. The organization should provide
exposure and explore the talents of the employees. Even though the employees are
satisfied with their nature of job, it is identified in the study that many employees
prefer to change their job due to lack of growth opportunities in their job.
So the companies can look for some innovative technologies to decrease their
turnover level by providing growth opportunities. One way for a company to prevent
employees from giving valuable information to competitors is to make it a policy to
enforce strict non-competing and confidentiality agreements amongst its employees.
The existence of such agreements could in fact deter a competitor from hiring a
valuable employ because they might not want to risk possible legal entanglements
with the other company. Deadlines should be set which will benefit both, the
organization as well as the employees.
By the way of setting targets, the employees will be engaged in their respective works
which will help in utilizing the skills of workers as well as the organization can
deliver its commitments on time. Also the best performing or the target achiever
should be awarded which will motivate him to further excel and remain committed
towards his work. Many employees have suggested improvement in working
environment and employee motivation in the survey.
So the companies should give attention to the factors which i tcan improve itself
internally. Taking into consideration the elements like modernisation of technology, it
would help the organization in a good manner. If the organization could support the
employee in the above mention element, like if the employees are better equipped
with resources and technology, the end products will be standardized and will give
competition to other similar products.
On the other hand wastage can be reduced both in terms of manpower and time .Day
care assistance should be given. Turnover rate among the female employees can be
reduced to a good level. From the study it was showing that employees does not have
this opportunity.
Considering the primary data tool i.e. benefits, we can see conveyance is not offered.
Ifthe organization take a step forward in this practice it will help the employees.From
the secondary data i.e. reviews and articles we could see that an employee
CONCLUSION
The main aim of any organization is to earn profit. But to attain the maximum profit,
the organization should concentrate more on employees and the ways to retain them for their
long run.
From the study it is identified that Work Tasks, Technology and Technical Training
are the top three factors which might lead to turnover, apart from lack of growth
opportunities and salary which are the common factors for employees to change their jobs in
almost every organization.
This study concludes that to reduce turnover, the company should adopt New
Innovative Technologies and Effective Training Programs for the growth of their employees
within the organization.
The company should also think of recruiting people who are in the vicinity of the
industry, so that the family related problems will not lead to turnover. But on the other hand,
company should recruit people from different regions so that it can adopt the culture and
work style of other regions, rather than being specific to a particular state while recruiting.
From the study done we can say that, the best way to improve employee retention is
to understand what the employees want and need from the work place and provide it.
Organization must meet employees demand within limits of course. Management cannot
approve all the demand is a fact, but at the same time they can take efforts to convince the
employees.
Organization should also take efforts to bring most of the retention policies into
practice which will give a positive effect on the issue. Even the employees should understand
the limits of the organization and act accordingly. If there is a better understanding between
the two parties the problem of employee retention is solved to a great extent.
BIBLIOGRAPHY:
QUESTIONAIRE:
1. Name:
2. Age :
a. Below 25
b. 25-35
c. 35-45
d. Above 45
3. Gender:
a) Male
b) Female
4. Marital status:
a) Married
b) Unmarried
5. Designations:
a) Manager
b) Supervisor
c) Accountant
d) Others
6. Educational:
a) HSC
b) Degree
c) ITI
d) Diploma
e) AMIE
f) PG
7. Experience in the field:
a) Permanent
b) Probationary
c) Temporary
d) Contract
e) Others
9. Monthly income:
a) One day
b) 1-3 Days
c) 1 Week
d) 1 Month
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e) Agree
14. ET makes it easy to ET different market types.
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e) Agree
15. ET helps in increased innovation by the employees.
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e) Agree
16. Application of ET system results in increased market share.
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e) Agree
17. ET increases the learning/adaptation capability of employees.
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e) Agree
18. ET helps in better staff attraction.
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e) Agree
19. ET results in enhanced collaboration within the organization.
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e) Agree
20. ET helps to address the communication gap in the organization.
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e) Agree
21. ET helps in constant and continuous transformation of individual learning to
organizational
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e) Agree
22. ET results in increased delegation of authority and accountability to individuals.
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e) Agree
23. ET helps to achieve better standards.
a) Strongly disagree
b) Disagree
c) Neither nor
d) Strongly agree
e)Agree