ICTACT Journal on Management Studies

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

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
     

   Subscribe/Renew Journal


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.
Subscription Login to verify subscription
User
Notifications
Font Size

  • Amy Hissom, “Understanding and Controlling Employee Turnover”, Available at: http://www.amyhissom.com/MyWritings/Understanding%20and%20Controlling%20Employee%20Turnover.pdf.

  • Anantha Raj and A. Arokiasamy, “A Qualitative Study on Causes and Effects of Employee Turnover in the Private Sector in Malaysia”, Middle-East Journal of Scientific Research, Vol. 16, No. 11, pp. 1532-1541, 2013.

  • David G. Allen, “Retaining Talent: A Guide to Analyzing and Managing Employee Turnover”, SHRM Foundation’s Effective Practice Guidelines Series, Available at: https://www.shrm.org/hr-today/trends-and-forecasting/special-reports-and-expert-views/Documents/Retaining-Talent.pdf.

  • Ruth Nyaga, “Assessment of Employee Turnover on Organizational Efficiency: A Case Study of International Livestock Research Institute (ILRI)”, A Research Project Report, Degree of Master Science, United States International University, 2015.

  • Urbancova Hana and Linhartova Lucie, “Staff Turnover as a Possible Threat to Knowledge Loss”, Journal of Competitiveness, Vol. 1, No. 3, pp. 84-98, 2011.

  • William J. Wasmuth and Stanley W. Davis, “Managing Employee Turnover”, Cornell Hospitality Quarterly, Vol. 23, No. 4, pp. 15-22, 1983.

  • Zeeshan Ahmed, Sarwat Sabir, Mishal Khosa, Imam Ahmad and Muhammad Amjad Bilal, “Impact of Employee Turnover on Organisational Effectiveness in Tele Communication Sector of Pakistan”, IOSR Journal of Business and Management, Vol. 18, No. 11, pp. 88-96, 2016.

  • Zeynep Ton and Robert S. Huckman, “Managing the Impact of Employee Turnover on Performance: The Role of Process Conformance”, Organization Science, Vol. 19, No. 1, pp. 56-68, 2008.

  • Victoria Jagun, “An Investigation into the High Turnover of Employees within the Irish Hospitality Sector, Identifying What Methods of Retention Should Be Adopted”, Master Thesis, Department of Human Resource Management, National College of Ireland, 2015.

  • Biju Varkkey, “Human Resource Management”, 12th Edition, Dorling Kindersley Publishing, 2009.

  • C.R. Kothari, “Research Methodology, Methods and Techniques”, 2nd Edition, New Age, 2014.

  • P. Saravanavel, “Research Methodology”, Kitab Mahal Publishers, 2013.

  • Ashok Iron Group, Available at: http://www.ashokiron.com.


Abstract Views: 260

PDF Views: 0




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

Abstract Views: 260  |  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