HUMAN RESOURCE MANAGEMENT
The objective of the research is to find out the reasons responsible for voluntary employee attrition in Easy Bill Ltd. For the period of April 2007- April 2008 and suggest major areas where work should be done to reduce it.
FINDINGS:
•At 44 % annually there is a very high attrition rate in Easy Bill Ltd. which is much more than the sector average for services sector.
•When considered grade wise there is highest attrition at the middle level followed by the junior level
•More than three fourth of the employees left the their jobs within two years of joining the organization in the specific period contrary to the general tendency of shifting jobs within2-4 years of joining an organization
•Telephonic interviews conducted with the former employees revealed that salary package was the main reason for leaving the organization though the analysis of the graphs revealed that the employees were satisfied with the salaries/perks given
•Expectations like higher position and better or more reputed company were also sighted by a large number of respondents which means their professional expectations were not fulfilled.
•At 44 % annually there is a very high attrition rate in Easy Bill Ltd. which is much more than the sector average for services sector.
•When considered grade wise there is highest attrition at the middle level followed by the junior level
•More than three fourth of the employees left the their jobs within two years of joining the organization in the specific period contrary to the general tendency of shifting jobs within2-4 years of joining an organization
•Telephonic interviews conducted with the former employees revealed that salary package was the main reason for leaving the organization though the analysis of the graphs revealed that the employees were satisfied with the salaries/perks given
•Expectations like higher position and better or more reputed company were also sighted by a large number of respondents which means their professional expectations were not fulfilled.
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