Impact of Employee Turnover on Productivity-Study in Reference Automobile Industry

Abstract

Attrition Rate had emerged a serious concern among all the industry. When an expertise leave his company, they carry irreplaceable skills that often the leading benefit to the company. In order to grow and sustain in market in this competitive scenario, it’s requisite of the organization to reduce the attrition or churn rate at its lowest level within the organization. The growth of organization solely depends upon its Staff who is termed as Real assets for them. The analysis was mainly to categorize the major causes of Switching from existing organization. This included various controllable as well as uncontrollable factors referring Job satisfaction, working environment etc. to be considered by the company in sustainment of their talent. Attrition is a serious issue; this study mainly focuses on Employees of Automotive sector considering their attitudes their needs and level of satisfaction which they behold with company. The Relationship between superior and subordinates along with the reward policies in terms of their turnover rate.