Employee Retention

Topics: Employment, Human resource management, Employee Assistance Professionals Association Pages: 51 (12606 words) Published: May 20, 2013
EMPLOYEE RETENTION

A PROJECT REPORT ON

EMPLOYEE RETENTION PRACTICES

AT

S & P CAPITAL IQ INFORMATION SYSTEMS

HYDERABAD

A REPORT SUBMITTED IN PARTIAL FULFILLMENT OF REQUIREMENT FOR THE AWARD OF THE DEGREE OF

MASTER OF BUSINESS ADMINISTRATION

SUBMITTED BY

A.VIDHYADHARI

HALLTICKET: 117311672099

RISHI UBR PG COLLEGE FOR WOMEN
(AFFILIATED TO OSMANIA UNIVERSITY)

HYDERABAD.

DECLARATION

I A.VIDHYADHARI hereby declare that dissertation entitled “A STUDY ON EMPLOYEE RETENTION PRACTICES” at “S & P CAPITAL IQ”, Hyderabad, is a genuine work done by me, submitted in partial fulfillment for the award of the degree of “MASTER OF BUISINESS ADMINISTRATION”. This project work has not been copied or lent and it is not submitted to any other university or institution for the award of any other degree.

DATE:

PLACE:

A.VIDH

ABSTRACT

Retention is very important aspect of the HR policies. In today’s competitive environment retaining of employees has become a very challenging work for the HR department of any company. The study focused on S & P Capital IQ emphasizes employee-welfare practices in order to establish a long term relationship with the employees. It suggests that by improving HR policies, employees feel more committed and encouraged to remain with the company rather than look for a job elsewhere. In the era of global business, quality of human resources, skilled and knowledgeable employees are highly essential. It is frequently noted that quality human resources act as a prerequisite for competitive advantage and competitive edge of any business. S& P Capital IQ also engages many activities to retain talented employees by enhancing their career, personal growth, and organizational well-being, team day-outs, team lunches, and annual day occasion so-on- so-forth to retain the best with them. Retention seems to be a simple term but when it comes to action it is one of the most critical strategic aspects for any concern. The Report covers the following theoretical aspects- ➢ Why Retention?

➢ Measures of Employee Retention
➢ Employee Turnover
➢ Causes of Employee Turnover
➢ Cost of Employee Turnover
➢ Employee Retention practices at Capital IQ

TABLE OF CONTENTS
|Chapter No. |Context |Page No. | |i. |Company Letter | | |ii. |Declaration | | |iii. |Abstract | | |iv. |Letter from Institution | | |v. |Acknowledgement | | |vi. |Table of Contents | | | | | | |I. |INTRODUCTION: | | | | | | | |Introduction of Study | | |...
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