A Project Study on

Employee Turnover at

Sushma Buildtech Pvt.Ltd”

Presented by: Dalwinder Kaur Rayat Institute of Management , Ropar

05/03/2023 Employee Turnover 2

SUSHMA Buildtech Limited, an exceptional Real estate developer, has earned a solid reputation for its supremacy in quality and deliverance traversing across Residential, Commercial and Retail sector. The aesthetically appealing residential spaces with spectacular views have become a symbol of its extravagant apartments due to which, the company enjoys a remarkable and steady track record of growth, customer satisfaction and innovation.

SUSHMA Buildtech Limited has put in a conscious effort to focus on delivering high standards of quality and transparency in all its endeavours. SUSHMA Buildtech Limited has gained the respect from its customers with on-time deliveries and innovative offerings. This has been possible by following an accurately planned approach coupled with strict quality practices benchmarked to International standards.

SUSHMA Buildtech Limited passion for methodological processes and stringent quality control standards has earned it the ISO 9001 Certifications.

We are dedicated to seek new dimensions to accomplish our projects, advanced ways of counselling clients, different methods of conducting business, utilization of new technologies and most important of all, create trust. 

Company Profile

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About Project Employees are important in any running of a business; without them the

business would be unsuccessful. However, more and more employers today are finding that employees remain for approximately 23 to 24 months, according to the recent research by Bureau of Labour Statistics. The Employment Policy Foundation states that it costs a company an average of $15,000 per employee, which includes separation costs, including paperwork, unemployment; vacancy costs, including overtime or temporary employees; and replacement costs including advertisement, interview time, relocation, training, and decreased productivity when colleagues depart

. Providing a stimulating workplace environment, which fosters happy, motivated and empowered individuals, lowers employee turnover and absentee rates. Promoting a work environment that fosters personal and professional growth promotes harmony and encouragement on all levels, so the effects are felt company wide.

When companies hire the best people, new talent hired and veterans are enabled to reach company goals, maximizing the investment of each employee. Taking the time to listen to employees and making them feel involved will create loyalty, in turn reducing turnover allowing for growth.

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Objective of Study 1).To study the reason of labour turnover.

2).To study the impact of labour turnover on the performance of an organization.

3). To know the satisfaction level of employees from working conditions.

4).To suggest the employee retention of the organization.

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Research Methodology Population area: Sushma Buidtech Pvt.ltd. Population size: 80 Sampling technique: It is a method of deciding a sample from a given

population. The study is carried on by convenient techniques keeping in mind the time and financial constraints for the research.

Sources of Data Collection Primary Data: Information from employees in the company. The

data has been collected directly from the structural questionnaire. Secondary Data: Secondary data was collected through the past

research and websites.

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DATA ANALYSIS &

INTERPRETATION

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Q.1 Do you work on daily basis?

8 hrs43%8-10

hrs47%

10-12 hrs10%

Chart Title

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Q.2.Are you satisfied that your work profile is according to your capability?

highly agree agree neither agree nor disagree

disagree highly disagree0%

10%

20%

30%

40%

50%

60% 51%

8%

32%

5% 4%

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Q. 3how do you view this job?

56%38%

6%

responsible

challenging

motivating

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Q.4. do you think high percentage of females in the work force adds to the high attrition rate?

agree disagree0%

10%

20%

30%

40%

50%

60%

70%

80%

25%

75%

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.Q. 5. what is the Attitude of Supervisor & Colleagues at company?

co-operative non-cooperative no-response0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

29% 29%

43%

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Q.6.Basis of incentives provided to workers?

attendance performance rank/positions of job others0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

80.00%

16.25%

78.75%

5.00%0.00%

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Q.7.Do you get rewards and recognition for your achievements?

yes no 0%

10%

20%

30%

40%

50%

60%

70%

80%

79%

21%

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Q.8 Are you satisfied with the medical benefit given to you and your family?

highly agree agree neither agree and nor disagree

disgree highly disagree0%

10%

20%

30%

40%

50%

60% 55%

9%

19%

5%

13%

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Q.9 Are you satisfied with the other fringe benefits that your company is providing to you?

highly agree agree neither agree nor disagree

disagree strongly disagree

0%

10%

20%

30%

40%

50%

60%

70%69%

13%8% 8%

4%

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Q.10 Do you feel your that job is secured?

secured unsecured47.50%

48.00%

48.50%

49.00%

49.50%

50.00%

50.50%

51.00%

51.50%

48.75%

51.25%

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Q.11. Out of the following list of the organizational factor, which influences the retention of the employees?

companies policies and culture

communication and con-sultation

satisfactory working en-vironment

effective dispute0%5%

10%15%20%25%30%35%40%45%50%

34%

48%

13%

34%

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Q.12 Does your organization conduct the exit interviews to obtain feedback from the employees leaving the organization?

yes no0%

10%

20%

30%

40%

50%

60%

70% 64%

16%

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Q. 13 If answer to above question is yes then which of the following efforts are made by your organization to retain their employees?

employee reward program career development programme

performance need bonus recreation facilities0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

26%

46%

20%

8%

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Q.14.Are you satisfied with your salary?

highly agree agree neither agree nor disagree

highly disagree disagree0%

10%

20%

30%

40%

50%

60% 53%

9%

23%

5%

11%

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Q.15.Is the management helpful in the case of accident and preventation of occupation disease?

highly agree agree neither agree nor disagree

highly disagree disagree0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

0% 0%

46%

38%

16%

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Findings 56.25%challenging the view of job 53% Better job opportunities reasons of turnover 65% exit interview to reasons of reduce turnover 60% of respondents percentage of females in the work force adds to the high

attrition rate. 42.5% and 34 respondents chooses option for the attitude of supervisor and

colleagues at the company. 75.75% and 63 respondents choose option for the incentives provided to workers. 78.75% of respondents are yes and the other 21.75% respondents that enough

practice is provided in their organization. 55% respondents are with the medical facilities. 69% respondents are highly agree with the fringe benefit provide for you at the

company. 48.75% of respondents are secured and 51.25% of the respondents are

unsecured with this statement 48% employees with statement that in sun pharma are given them to retention of

the employees. 46.25% Career development programme. 46% reasonable in provision for accident and preventation of occupation disease

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Conclusion Finally, we conclude that Indian labour market is concerned with

satisfying their basic needs of cloth, house, & food. The main reason of their leave from work is their personal health and family matters. The reason of Turnover is better job opportunities. It reduces productivity & disrupts the flow of work. To control absenteeism & labour Turnover, org should provide:

Special bonus & incentives schemes for extra work. Behavior of management should be co-operative with labour. Management should provide Health & safety programmes to

workers After the study of above information we conclude that the most

over respondent do their job in challenging way and them change their job mostly for better job opportunities.

There is a higher percentage of females in work force ads to the high attrition rate.

The most of the respondent do work better to achieve the benefits and promotions.

Persons are mostly satisfied with the medical benefit provide to our family.

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SuggestionThe Superior should provide the full Support to

the subordinates in the team effectiveness.

Give the power for decision making and career growth provisions to the employees and workers.

Company should develop Coordination among the personnel’s working methods.

Company should provide provision for accident and preventation of occupation disease

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Any Question ?

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THANK YOU

HAVE A NICE DAY

Dalwinder Kaur University No. 1462941

Rayat Institute of Management, Ropar