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ORGANISATION PROFILE
PONDICHERRY POLYMERS PRIVATE LTD.., is one of the
PROMOTER
The company is headed by SHRI. Arun Kumar Kainya Managing Director. The company was established on October 1997, nearly it has completed
OPERATIONS
The plant is equipped with High Qualified advance machines. The operation being processed through INJECTION MOLDING. BLOW MOLDING and ASB NISSIE.
CUSTOMERS
AURO REAL, Pondicherry.
TRUE DROPS, Chennai. CLASSIQUE WATER PRODUCTS, Pondicherry. ASIAN PET INDUSTRIES, Chennai. KINGFISHER, Bangalore, Goa, Mumbai. ROYAL CHALLENGE, Bangalore. CHEER-UP, Mysore. SEVEN STAR SODA, Andaman etc.
REVIEW OF LITERATURE
ATTRITION OCCURS DUE TO INEFFECTIVE MANAGERS.. Says Beena Handa, vice-president-HRM of Claris Life Sciences.
TREAT EMPLOYEES LIKE CUSTOMERS.. Says Bijay Sahoo , Vice-president, Wipro Technologies and Rakesh Tiku , Vice-president Infinite Computer Solutions.
OBJECTIVES
To know the satisfactory level of employees towards their job and working conditions.
To identify the factors which makes employees dissatisfy.
To find the areas where Pondicherry Polymers Private Ltd is lagging behind.
To know the reasons, why attrition occurs.
RESEARCH DESIGN
Types of data collected. Questionnaire construction. Population. Sample size. Period of survey.
DATA ANALYSIS
STATISTICAL TOOLS
PERCENTAGE ANALYSIS CHI-SQUARE TEST CORRELATION WEIGHTED-AVERAGE METHOD ANALYSIS OF VARIANCE
FINDINGS
From the study it has found that 36% of employees get dissatisfy due to their salary, 20% due to work pressure, 14% due to work environment. 40% of respondents say, if they change their job the reason will be due to lack in growth opportunities & 36% due to family issues. 70% of respondents have freedom to convey their problems to the Toplevel management. 42% of respondents say that there is a decrease level in their dissatisfaction factors & 32% say there is a little bit decrease. From the Chi-square test it is found that there is significant difference regarding Employees freedom to convey problems and Considerations for employee creativity. From the study 34% of respondents says the company to be improved in work environment & 20% says employee motivation.
SUGGESTIONS
Most of the employees are not satisfied with their present salary, so the management is suggested to provide salary so that the employees may get satisfied and can take part with more involvement in their job. Many employees suggest to improve working environment and employee motivation. The company has less number of employees, so the company can recruit many employees in order to reduce the stress of existing employees. Many employees said that there is lack in growth opportunities in their job, so the company can look for some innovative technology. The company should keep regular meetings to know, what exactly the employees expects.
CONCLUSION
Whenever a well-trained & well-adapted employee leaves the organization, it creates a vacuum. So the organization loses the skills and business relationship. From the study it is identified that, the employees put forward their reasons to change their job are Lack of growth opportunities & Family issues. The study concludes that, to reduce attrition, Pondicherry Polymers Private Ltd should create more opportunities for the growth of their employees through adopting new innovative technology, effective training programs and the company can recruit people who are around puducherry, so that the family issue factor will not lead to attrition in future.
LIMITATIONS
The study has been done based on the existing employees and not with any corporate Alumnis. The data collected in the study may be valid for few months. Hence the result obtained might not be helpful for the management after a period of months.
The study can help the management to know where the company is
This study can help the management to find the weaker parts of the employees feel towards the company and helps in converting those to stronger.
This study helps the management to know for which reason employees get tend to change their job from the company.
THANK Q