intensity and cost of attrition. Determine the risk of attrition. Identify the level and cost of turnover and benchmarking it against competitors Attrition: Number of employees who left in the year / average employees in the year x 100. Thus‚ if the company had 1‚000 employees in April 2006‚ 2‚000 in March 2007‚ and 300 quit in the year‚ then the average employee strength is 1‚500 and attrition is 100 x (300/1500) = 20 percent. Method for Monthly attrition & Annualized attrition
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As the Indian healthcare industry experiences the exponential growth‚ hospital organisations are shifting their focus from ’survival’ to excellence. Especially‚ in the metropolitans one can see that hospitals are striving to be leaders in the market rather than just survivors. As a result‚ need for excellent manpower is now indispensable. Hence‚ with lucrative offers at each employee’s disposal‚ attrition is bound to happen. In addition to this‚ there is a big demand and supply gap in the healthcare
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talent. Attrition has been an evident problem for every organization due to either lack of appreciation or lack of proper job sculpting. But what is attrition? Simply put‚ it is the reduction in the number of employees through retirement‚ resignation‚ etc. Attrition affects two things: 1) the morale of other employees; and 2) the financial position of the organization. The group chose this topic because we are greatly interested in such field. The group is curious as to why the rate of turnover
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An explorative analysis of HRM practices‚ latest trends and challenges in NGO sector: with special reference to Chaitanya‚ Pune A Research Paper by- Dhananjay Gajanan Pingale (B.Com‚ MPM) Faculty Member-Management‚ PES’s College of BBA & BCA Opp. Gabriel Company‚ Kuruli‚ Chakan‚ Taluka- Khed (PUNE) Keywords appeared in the title: i) NGO sector ii) HRM Practices‚ Latest trends and challenges in NGO sector iii) Chaitanya‚ Pune (Pune based NGO having work spread over Maharashtra)
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CHAPTER 1 THE PROBLEM AND ITS BACKGROUND Introduction "... Every single one of you has something that you’re good at. Every single one of you has something to offer. And you have a responsibility to yourself to discover what that is. That’s the opportunity an education can provide."- US President Barack Obama Education is a fundamental need of an individual to cope with life. And it is a basic but a very important matter that each and everyone should have. Education makes a man complete. In
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“Employees Satisfaction and Attrition” At “Big Bazaar (Future Retail Group)” Submitted in partial fulfillment of the requirements for the award of The degree of Master of Business Administration Submitted to: Punjab Technical University Jalandhar By: “Aysha Parveen” Registration no-9212400077 Under the guidance of “Prof. Aswathi Nair” #70‚ 2nd Main Road‚ 3rd Cross‚ Kanaka Nagar‚ Nagawara‚ BANGALORE – 560 032 2009 - 11 GUIDE CERTIFICATE This is to certify that the Project
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EMPLOYEE ATTRITION ‘An Analysis of Factors Influencing Attrition in the growing Economies’ INTRODUCTION In the recent decades the Indian industry has changed its outlook. The employment scene has changed its appearance. The factors like skill sets‚ job satisfaction drive the employment and not just the money. The employer hence faces the heat of continuous employee turnover. Continuous efforts are made by organisations to control the employee turnover rate as it directly affects the performance
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Case Attrition Checkpoint Ariel CJS220 Often times people wonder why only a small amount of the crimes reported to the police make it to court. This division of the cases is due to one of the major problems of the criminal justice system‚ case attrition. Cases can be dissolved at various points in the criminal justice system so the end result is that there are thousands that do not make it to court. Examples of things that can cause cases to be dissolved are
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EMPLOYEE ATTRITION INTRODUCTION The purpose of this research is to explore the attrition rates and evaluate changes that will positively affect the attrition issue. Qusetionnaire method is ued for the research. Employees are inteviewed over telephone from different regions and they have many opinions‚ problems and suggestions‚ which will be discussed later. The main objective of the study are:- * To understand the factors central to attrition. * To calculate the attrition rate. * To
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2010-2011 RESEARCH PAPER ON THE ATTRITION RATE IN FINANCIAL SHARED SERVICES ORGANIZATION Submitted To: Prof. Maria Cequena Submitted By: Rachel Reyes Title: Attrition Rate in Financial Shared Services Organization 1. What are the factors affecting the high attrition rate in shared services organization (SSO)? 2. What are the impacts of the increasing attrition rate in SSO? 3. How should shared services organization address the high attrition rate common in the industry to maintain
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