ICTACT Journal on Management Studies

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An Empirical Study of Employee Turnover at Ashok Iron Works Private Limited (AIW) Plant-I Belagavi


Affiliations
1 Department of Management and Business Administration, CMS Business School, India
     

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Employee’s turnover is one of the factors which affect 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 costliest and seemingly intractable human resource challenges confronting by several organizations globally. Employees’ turnover is a big issue at Ashok Iron Works Private Limited Plat-I. Currently, most young employees are leaving the organization due to unknown reasons. Hence, this research clearly identifies the causes of employees’ turnover and its employee retention mechanism which in turn, will help in developing appropriate policy and training program at country level in general and at organizational level in particular. The research helps to find out the possible solutions of reducing the rate of turnover. It may further help the company to retain the good and experienced employees and seek employee loyalty in the long run.

Keywords

Employee Turnover, Human Resource Challenges, Employee Satisfaction, Benefits, Work Environment, Motivation.
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  • An Empirical Study of Employee Turnover at Ashok Iron Works Private Limited (AIW) Plant-I Belagavi

Abstract Views: 271  |  PDF Views: 0

Authors

M. H. Uma
Department of Management and Business Administration, CMS Business School, India

Abstract


Employee’s turnover is one of the factors which affect 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 costliest and seemingly intractable human resource challenges confronting by several organizations globally. Employees’ turnover is a big issue at Ashok Iron Works Private Limited Plat-I. Currently, most young employees are leaving the organization due to unknown reasons. Hence, this research clearly identifies the causes of employees’ turnover and its employee retention mechanism which in turn, will help in developing appropriate policy and training program at country level in general and at organizational level in particular. The research helps to find out the possible solutions of reducing the rate of turnover. It may further help the company to retain the good and experienced employees and seek employee loyalty in the long run.

Keywords


Employee Turnover, Human Resource Challenges, Employee Satisfaction, Benefits, Work Environment, Motivation.

References