INDEX PAGE NO.

Executive Summary Chapter 1: Introduction to the study Objective of the project Hypothesis Research Methodology Chapter 2: Introduction to Topic 2.1.What is Human Resources 2.2.Introduction to Human Resource Management 2.3.Introduction to Attrition Chapter 3: Review of the Literature Chapter 4: Analysis of the Project Chapter 5: Observations & Findings Limitations Recommendations Chapter 5: Conclusions & Suggestions Annexures Bibliography 51 52 72 73 74 76 77 80 2 3 4 4 5 6 6 11 25

EXECUTIVE SUMMARY
Growing attrition is a cause of concern for many companies nowadays. Factors normally expressed as a percentage reflect the degree of losses of personnel or material due to various causes within a specified period of time. Organizations who keep a track of the rate has a clear measure of its growth. In case, the rate of growth is higher compared to the rate of attrition, it means that the net growth of the company has increased. On the other hand, if the attrition rate is higher than the growth rate it signifies a negative growth, which would then mean that some kind of changes in policies are required. Several companies use it as a measure of customer service. For a company in this world of cut throat competition it is equally important to retain employees as it is to gain new employees. The reason for conducting this research is basically to find out the reason behind the attrition rate in a particular company named Great Western Engineering Works. This will help us to find out how many employees leave the company annually in order to cut down on the number of employees leaving the company.

Chapter 1
Introduction to the study
In todays competitive business world, it is considered to be an important task to manage employee turnover for any organization. Naturally people want diversities in his/her everyday life; they seek for new and challenging jobs and good working environment in job place.

To provide these things to the employees in an economic way is very difficult and cumbersome. But it is also crucial for any organization to retain its talented employees.

Every organization wishes to have high productivity, fewer turnovers and to be profitable. Managing turnover successfully is a must to achieve the above goals. One of the most critical issues facing organizations today is how to retain the employees they want to keep. Employees leave organizations for all sorts of reasons. Some find a different job, some go back to school, and some follow a spouse who has been transferred out of town.

Others retire, get angry about something and quit on impulse, or never intended to keep working after earning a certain amount of money.

Objective of the study

The main objective behind conducting the study is mentioned below:

To analyze the different ways in which the attrition rate can be reduced.

To study how reducing attrition rate can help benefit the company.

To identify measures to reduce higher attrition rate.

To protect the interests and verify the satisfaction levels of employees so as to

retain them in the company.

Hypothesis

Hypothesis 1:If proper human resource management practices are followed, there will not be a high attrition rate.

Hypothesis 2:The rate of attrition can increase if employees find their job less challenging.

Research Methodology
Nature of Study:

The study which Im going to be conducting is descriptive in nature

For collection of data the preference will be mainly on Primary Data. I will be making use of secondary data only when there is lack of information or when I have to derive a certain conclusion.

I have decided to use questionnaires for procuring the primary data. Also ,I have decided to use technology for conducting the research. For preparing the questionnaire all types of questions that will provide the desired result for the study will be used.