Thursday, May 16, 2019

Attrition in Bpo

Abstr round The bighearted target bea of this look is to identify the root causes of corrasion and retention in BPOs, analyzing the take of employee motif, satisfaction and occasion, generate a impersonate for maximizing financial support of employees in the giving medication and come up with concrete recommendations, which testament at last be valuable to the organizations to detain their employees for a long term. 1. Objective It is clear from the examine of BPO research that solutions argon required to most specific problems of practical importance in the field of escalating scrape and retention in BPOs. The broad objective f this write up is to identify the root causes of attrition and retention in BPOs, analyzing the take of employee motivation, satisfaction and stake, generate a feign for maximizing sustenance of employees in the organization and come up with concrete recommendations, which will eventually be valuable to the organizations to retain their em ployees for a long term. The specific objectives of this paper ar To identify and rank the factors of attrition in BPOs based on accumulative literature review and secondary kat onceledge. To develop a arrested development model for escalating the lie of employees in BPOs nd give recommendations for the same. To valuate the existing train of employee motivation and validate the model by memorizeing the impact of recommendations on a small patch. 2. Introduction The last decade saw an upheaval in the growth and development of the Indian economy, which was accompanied by the revolution in the technological front and a radical interchange in the way crinklees were d wholeness. Instead of being the jack-ofall- trades, the smart organizations break now redefined the way of wricking and now cause at being the master of their core business. Outsourcing the non-core processes in order to concentrate on the ore wizs is how the companies prefer to work now. BPO has become th e obvious strategic choice of the phenomenal livelihoodspanstyles seem to flash the mind in a jiffy. Thats comely the start. One reads it again, contemplates over it, dives into the unveiled afflictions, and gives it a second thought and companies looking at the visible profits of cost reduction while improving the quality of military service, increasing sh atomic number 18holder rate and so ontera With the whirlpool of opportunities the Indian Business Process Outsourcing empyrean seems to be on a felicitous ride. It has emerged quickly, and its exportings concord grown from $565 jillion in two hundred0 to ab aside $7. 3 illion in 2005. With the boat steaming forward in the global markets, India has already become the most privileged destination. Hence such an eternal entry of opportunities simply showcases a phenomenon, which is no less than the renaissance for our Indian markets. Attrition in BPOs has terrible make on the organization. The high attrition costs in cr liberalizations the costs to the organization visualizeably. They commence to combat the amount of tumult callable to unplanned exits. The more the tribe leave an organization, the more it is a drain on the familiaritys resources manage recruitment expenses, training and orientation resources and the time.The high attrition rate to a fault affects the productiveness of the organization. in that respectfore, it is extremely important to curb attrition not only for an individual firm but also for the labor as a whole. Many researchers allow worked enormously on the IT & BPO orbit, citing its challenges, issues, and ATTRITION AND RETENTION OF EMPLOYEES IN BPO SECTOR Ankita Srivastava emailprotected com SKS Group of Institution,Mathura Yogesh Tiwari emailprotected com SKS Group of Institution,Mathura Hradesh Kumar hradesh. emailprotected com SKS Group of Institution,Mathura Ankita Srivastava et al,Int. J. Comp. Tech.Appl,Vol 2 (6), 3056-3065 IJCTA NOV-DEC 2011 Available emailprotected ijcta. com 3056 ISSN2229-6093 opportunities in and close to employee performance, employee satisfaction, employee turnover etc. 3. Literature Review Grossman and Helpmans (2005 135) statement, We live in an age of outsourcing, distinctly designates that outsourcing has now become an acknowledged, true and established business strategy. One of the most familiar forms of outsourcing is business process outsourcing BPO, i. e. , transferring the operational ownership of one or more of the firms business processes to an external supplier that, in turn, administers the rocesses according to some predefined metrics (Ghosh and Scott, 2005 Stone, 2004). BPO or Business Process Outsourcing thus refers to the rearrangement of entire business functions to some other service providers, primarily in low cost locations. The service provider may be either selfowned or a third party. This relocation or transferring of business processes to an external provider is essentially to acc omplish change magnitude sh arholder value. Some of the general services provided by the BPOs argon Receivables and Payables, Inventory Management, Order Processing, Cash ascend abridgment, Reconciliation, Data Entry, PayrollProcessing, QuickBooks Accounting, Financial Statement Preparation and Accounting Services. Some of the web based services allow live online sales and order entry, E-commerce transaction support, Live online enquiry handling, Web Design/Development. Reduced world-wide trade barriers and breakd telecommunication and IT cap office over the past decade has led to a point where organizations across the world are increasingly interlinked with each other. This has resulted in intense global competition, challenging business managers across the world to find ship canal to reduce the cost of conducting business and accessing lobal resources in meeting the involve of global markets. In such a context, the reorganization of business models to leverage benefits of outsourcing and focus on core competencies has become a primaeval strategy pursued by bountiful corporations across the world. BPO service-providers are expect to provide a wide spectrum of benefits to their customers, ranging from having with child(p)er expertise in the outsourced processes, lower costs achieved through economies of outdo, scalability and the ability to absorb cyclicality of loads. Demand-Supply Equations According to market compend firm Gartner, the global outsourcing market in 2000 was pproximately $119 bn and will satisfy $234 bn by the end of 2005. The market is expected to grow to about $310 bn by the end of 2008. Contribution from the due north Ameri deal continent stands at about 59% of the total market, with Europe contributing about 27% and Asia-Pac region (including Japan) contributing the remaining portion of the market. In terms of vertical contribution, the financial services pains contributes approximately 17% of the total market size, foll owed by the Telecom sector (16%), Consumer Goods and Services (15%), Manufacturing (9%) and the rest by the Information Technology sector. Global BPO Market by industriousness general anatomy 1 The BPO market can be broadly speaking broken down into three areas of functional operations i. Business administration (falling under G&A expense costs) ii. Supply chain management (COGS), and iii. Sales, marketing and customer care (Selling and marketing costs) India has emerged as one of the b right(a) stars in the global Business Process Outsourcing market and has maintained its global competitiveness by offering the best combination of cost, quality and scalability. The growth rates of the Indian BPO-ITES industry have been 59%, 45. 3% and 44. 4% in years 2002-03, 03-04 and 04- 05 with revenues of over $3. one thousand thousand in FY 2003- 04 and expected to touch $5. 7 bn in FY 2004-05. Ankita Srivastava et al,Int. J. Comp. Tech. Appl,Vol 2 (6), 3056-3065 IJCTA NOV-DEC 2011 Availab le emailprotected ijcta. com 3057 ISSN2229-6093 BPO in India Currently the sector employs approximately 2,45,100 batch and another 94,500 commercial enterprises are expected to be added in the current financial year. There are over four hundred ITES-BPO companies run in the Indian market, including captive units (of both MNCs and Indian companies) and third-party services providers. In terms of markets, the US touchs to be the main consumer of Indias ITES-BPO ervices (with a 66% share of the market), followed by Western Europe (including the UK), which accounted for 20% of export revenues. In terms of functional service offerings, Customer Care and Support services contributed approximately 34% of the industrys revenues with the other preeminent service lines including Finance (with a contribution of 22%), establishment (13%) and Content Development (19%). The global financial services vertical remained the largest user of Indian ITESBPO services, followed by telecom, health c are and airline segments. Captive units continued to dominate the ITESBPO industry, accounting for ver 65 percent of the value of the work off shored to India. 4. Research Methodology The methodology deployed for this survey consisted of primary research, with insights being captured through promontorynaires and face -to- face discussions with aged management of participant organizations. Inputs from potential customers to this industry have also been collated, with respect to their key concerns while considering outsourcing to India. The analysis was further supplemented by PwC knowledge-bases and published data to validate trends and best practices, emerging from primary sources. Our analysis and findings are ased on consensus findings from the survey and are supported by quantitative and qualitative inputs from the respondents. The data presented in this floor is based on breeding received from the respondents and has been collated to represent an industry trend. The general intent of this descriptive oeuvre was threefold. Therefore a systematic and organized methodology was obtained for the research pick out. A survey design was utilize to obtain the required information. The population for this see comprised of employees running(a) in various BPOs in the National pileus Region. A sample size of 250 was chosen for this study. Simple andom sampling technique was used to gather data from the respondents, because of which respondents diverged from every age group, gender, organization, marital status etc. but were restricted only to low and core level employees, where the attrition is highest. The questionnaire was intricately designed to tap the demographic variables including age, procreation, gender, marital status, and tenure of the respondents. It also self-possessed information about the factors accountable for attrition, the factors that can be employed to retain the employees in a BPO, their general level of satisfaction, motivation, in volvement and life nterest and work compatibility. Main data collection began in the month of July 2011. statistical Package for the Social Sciences (SPSS) mutant 17. 0 was religiously used for the statistical analyses. Primary Data digest A questionnaire was intricately designed to tap the factors responsible for attrition, the factors that are expected to be present in a specific agate line for retention. The instrument was divided into 4 parts. The starting time part gathered information about the in-person profile of the respondents which included their age, gender, gentility, marital status, and tenure. Part II consisted of questions about their easons for change or probable change in their jobs. Part III aimed at knowing what according to the respondents is important for their sustenance in an organization. And last of all, Part IV was about their overall perception of the work which included their level of satisfaction, level of motivation, level of involvement and lev el of life interest and work compatibility. Secondary Data Analysis In order to gain a deeper understanding about the phenomenon of high attrition, and identification of the factors behind it, a lot of literature on BPO, particularly what got published during 2004 and 2005 was studied in detail.Major causal factors for high attrition in Indian BPO industry identified in this study were based on qualitative research using secondary data. These were compared with causal factors for attrition identified through personal interview with a add together of BPO employees in the Ankita Srivastava et al,Int. J. Comp. Tech. Appl,Vol 2 (6), 3056-3065 IJCTA NOV-DEC 2011 Available emailprotected ijcta. com 3058 ISSN2229-6093 NCR. There was a close similarity between the two results, authenticating the qualitative research on causal agents for attrition identified in this study. The study ranked low comprehend value and onotonous work as number one factor attrition. Rank two was shared by high salary expectation and unusual working hours. coterminous factor was disillusioned employees rank quaternary was shared by stress and burnout, pressure to perform on metrics, and lack of motivation. Finally rank cinquesome was jointly shared by lack of security and social interaction. Causal Agents / Factors Score (on 1) (Rank) Higher wage Expectation 0. 7 (Rank-II) Lack of Security 0. 3 (Rank-V) Lack of Social Interaction 0. 3 (Rank-V) vapid Work 0. 8 (Rank-I) Unusual Working Hours 0. 7 (Rank-II) Pressure to perform on Metrics 0. 5 (Rank-IV) Low Perceived Value 0. (Rank-I) Disillusioned Employees 0. 6 (Rank-III) Stress and Burnout 0. 5 (Rank-IV) Lack of motivating 0. 5 (Rank-IV) panel 1 Summary of ranks from secondary study 5. Growth of BPO industry Company Owned Units Pioneered BPO in India Company owned units such as American Express, General Electric (GE), Citibank, and AOL etc. triggered the trend of outsourcing hindquarters office operations and call centre services to India. Since then several banks, insurance companies, airlines and manufacturing companies have put together up back office service centers in India. Venture Funded New Companies Over the last hardly a(prenominal) years, a number of xperienced professionals have set up start-up operations in India. Generally such start-ups have been funded by venture capital funds. Leading IT Services Companies enter BPO Given the magnitude of such opportunity, rude(a) synergies with the software services business and the ability to leverage their high-end physical infrastructure and management bandwidth, most large IT services companies have ventured into ITES. Consolidation of the market with the smaller players merging with each other/ larger companies for economies of scale Domain / Industry Specialized BPOs Niche players in industry verticals or specific usiness processes have setup BPO businesses. Many of these players have had vast experience in the domestic market and are now offer ing offshore BPO services Generalized large BPO players are now focusing on verticalizing their competencies and structures Industry Structure MNC subsidiar ies Internatio nal BPO Companie s Diversifi ed IT Compan ies GE Convergys Daksh Infosys (Progeon) British Airways Sitel Brigade Wipro (Spectrami nd) eServe, HSBC, Scope, AmEx eFunds Talisma Tech Mahindra Hewlett Packard - Hero HCL Table 2 Ankita Srivastava et al,Int. J. Comp. Tech. Appl,Vol 2 (6), 3056-3065 IJCTA NOV-DEC 2011Available emailprotected ijcta. com 3059 ISSN2229-6093 Size and Growth of BPO in India encrypt 2 The growth in the BPO sector of India in 2004 was mainly due to the demands from the two segments BFSI and telecommunications. There were low telecom costs for the leased lines and 400 companies were part of the BPO sector of India. The companies that were touch on included third parties, Indian companies and MNC. Growth of BPO sector in India has been authentically impressive in recent years, but things ca n get even better, according to market analysts. India stands out already as a market leader as far as BPOs are oncerned and so India also attracts huge foreign investments which are extremely essential since the Indian economy is expected to have an unprecedented growth in the years to come. Growth of BPO Sector in India during the first half of 2007 was video display a moderate trend of growth which is registered at 14%. Five years ago, the growth in this sector was quite low due to less contracts but the situation is worse now. However, the growth of the BPO sector is expected to improve. The BPO and KPO sectors in India have been showing some positive signs with demands from western countries increasing manifold due to the vailability of cost-effective labour in India, which is highly skilled and also fluent in English. The BPOs in India are focused on increasing the growth through change in pricing techniques. Pricing in a BPO is supposed to be based on the value added to the business. So a remarkable change is in store as the BPOs in India work towards their full potential. Of course, the big boom in the BPO industry in 2003 had generated a lot of employment opportunities and continues even today. Nevertheless, Indian BPO sector is facing competition from countries like Philippines, Mexico, Malaysia, China, and Canada. The xpected growth of this sector in 2003 was 25%. Nations like the United States and Europe are showing great interest in increasing their investments in the Indian BPO sector. India has an edge over other countries as we consider the following Tech savvy professionals Cost effectiveness Superior competency Business risk relief 24 hour service Economy of scale The trends in growth of the BPO sector in India are as follows 2003 USD 2. 8 billion 2004 USD 3. 9 billion 2005 USD 5. 7 billion According to studies conducted by NASSCOM and leading business Intelligence Company, McKinsey & Co. he Indian IT/BPO segment is expected to employ over 1. 1 million Indians by the year 2008. Market research shows that in terms of job creation, the ITES-BPO industry is growing at over 50 percent. In the financial year 2003-2004, ITESBPO companies were the largest recruiters in the IT/ITES sector, adding a total of about 70,000 jobs. An estimated 70,000 impertinent Jobs expected in 2005 in the field pf ITES. Plus there will be additional hiring to knock back industry attrition that is virtually 25%. On the other hand BPO and outsourcing services would generate around 1, 25,000 new Jobs in 2005. McKinsey & Co. predicts global market or IT-enabled services to be over $140 billion by 2008. In that the opportunity for India will be around $ 17 Billion. Ankita Srivastava et al,Int. J. Comp. Tech. Appl,Vol 2 (6), 3056-3065 IJCTA NOV-DEC 2011 Available emailprotected ijcta. com 3060 ISSN2229-6093 Figure 3 Supplier-Side Assessment Domestic Indian BPO Industry has seen a spurt in the recent years growing at a 33 %CAGR. The D omestic Indian BPO industry grew from a USD 660 Million to a USD 1. 18 Billion industry. EBITA margins for domestic BPO stood at a double digit Percent figure cathexis rates are less compared to offshore segment Most Indian BPOs (especially all centers) are diligent throughout the night hours (for offshore clients), leaving the facility empty for the day. 1. This enabled them to be leveraged during the day for domestic markets in India Demand Side Assessment Financial, banking, and telecom companies are leading the domestic BPO wave 1. BFSI sector companies UKs largest banking firm 2. Telecom majors- almost all major mobile & landline telephony provider 6. Factors responsible for attrition and retention of employees in BPO Hackman & Oldham (1976) proposed the Job Characteristics Model, which is widely used as a framework to study how particular ob characteristics impact on job outcomes, including job satisfaction. The model states that there are five core job characteristics (skill variety, task identity, task significance, autonomy, and feedback) which impact three critical psychological states (experienced meaningfulness, experienced business for outcomes, and knowledge of the actual results), in turn influencing work outcomes (job satisfaction, absenteeism, work motivation, etc). The primary hypothesis of this research that employee motivation, employee satisfaction, employee involvement, and life interest and work compatibility lead to rolonged sustenance is an extension of this model with minor modifications in it. It is proposed that the Job Characteristics model is modified by redefining job dimensions as growth prospects, accountability, sense of accomplishment, self-esteem, job security, interpersonal relationships, working conditions, by extending organizational outcomes as satisfied, motivated, involved and carry employees. Figure 1 is the modified Hackman and Oldhams Job Characteristics model which has been taken as the base to study the research questions pertaining to this research. The new model is also designed to be of use as a management tool and must herefore be simple and flexible generous to be of use to the management of an organization. Typical management questions would involve the likely motivational impact of job redesign, such as increasing employees level of control and responsibility over their work behaviour or introducing a scheme whereby employees participate in certain management decisions. The model should therefore allow managers to curb a host of job characteristics and investigate the likely effects upon the motivation, performance and sustenance of the workforce. This study aimed at exploring the dimensions of attrition and retention.Based on our ground work initial survey and personal interviews held with the BPO employees, it was found that factors that contribute to attrition are quite different from the factors that contribute to retention. Ankita Srivastava et al,Int. J. Comp. Tech. Appl,Vol 2 (6), 3056-3065 IJCTA NOV-DEC 2011 Available emailprotected ijcta. com 3061 ISSN2229-6093 Figure4 Modified version of Hackman and Oldhams Job Characteristics Model Based on the Hackman and Oldhams Job Characteristics Model and the modifications made to it, a clearer and more lucid pictorial framework of the model is given in Figure 5 and 6. Figure 5 learly illustrates the basic constructs of the attrition model personal characteristics, negative job characteristics (job dimensions), and the final resultant as attrition. Figure 6 illustrates constructs of retention model i. e. personal characteristics, congenital job dimensions and the resulting level of satisfaction, motivation and involvement (work outcomes) and the final result i. e. retained employees (organizational outcomes). Figure 5 canonic models for attrition Figure 5 clearly suggests the personal characteristics as age, education, gender, marital status and tenure along with the negative characteristics of a B PO job i. . unconditional nature of job, lack of motivation, poor mentoring, power and politics, dissatisfaction with colleagues, low career growth, lack of skill variety, irregular working hours, achievement not recognized etc. These two collectively result in the attrition of employees. The question is how much do these factors actually contribute to attrition. Similarly figure 6 describes the personal characteristics and core job dimensions which are intrinsic in nature and how do they contribute to retention of employees. Figure 6 Basic model for retention of employee 7. Result and Analysis Regression Model for retentionThe dependent variable was sustenance in an organization, and the independent variables were personal characteristics videlicet age, gender, education, marital status, and retention factors viz. motivation factors, extrinsic factors, involvement factors, and life interest and job compatibility factors. All these eight factors were put in the model as independe nt variables and willingness to continue in the organization was put as the dependent variable. intimate motivation factors, employee involvement factors, age and education are the main determinants of retention. The value of multiple R is 0. 60 and the value of r square is 0. 6 in the equation. It states that 36% of the retention in a BPO is explained by these factors. An employees sustenance in an organization can be rightfully explained by these factors. Ankita Srivastava et al,Int. J. Comp. Tech. Appl,Vol 2 (6), 3056-3065 IJCTA NOV-DEC 2011 Available emailprotected ijcta. com 3062 ISSN2229-6093 Equation 1 Y= 1. 78 + 0. 47X 1 + 0. 15X 2 0. 13X 3 0. 11X 4 Where, Y = Stay in the organization X1 = Intrinsic Motivation Factors X2 = Involvement Factors X3 = Age X4 = Education After forming the fixing model, value for each respondents willingness to persist in in the organization was calculated.These predicted values were then compared to the actual values as given by the respond ents. There was a strong correlation between the actual and predicted values. The correlation came out to be 0. 659** which was significant at 0. 01 level. Thus, on the basis of the regression model it can be concluded that intrinsic motivation factors and involvement factors are quite instrumental in retaining the employees in an organization and at the same time, age and education negatively contribute to the sustenance of the employees in the organization. Employee involvement is a proven tool to motivate and retain mployees and according to the result here, it can be constructive in the Indian BPOs too. In the West, there has been on-going interest in getting workers more involved in various processes, such as decision-making and information sharing. Employee participation adds to employees growth indispensablenesss and sense of achievement through a healthier deployment of their dexterity and potential. Employee participation in planning and decision making and in articulatin g new policies also acts an important tool to improve employee motivation. Finding ways to intrinsically motivate employees to improve effectiveness and performance can have ong invariable impact on their sustenance too. Based on the two dimensions i. e. motivation and involvement which, according to the regression model, significantly contribute to the sustenance of an employee in the organization, employees can be broadly classified into four broad categories. There are people who are woefully inadequate in both dimensions i. e. neither are they involved in the work, nor are they motivated to perform. We may call such people as uninvolved who leave the organization for no rhyme or reason, hence extremely difficult to be retained. Next comes the disgruntled who get involved in the iven assignment but lack aspiring motivation. Such people are moderately to highly difficult to be retained as they lack in the basic intrinsic motivation. The other two segments comprise of strugglers and stars who are at the higher end of the motivation continuum. The cause may be relatively lower in their involvement as compared with the latter. Strugglers lack involvements but have a high degree of intrinsic motivation, because of which they struggle hard to work. It is moderately difficult to retain them. The ease and art lies in fulfilling their involvement needs by expanding their responsibilities, empowering them, aking them involved in decision making etc. Stars are highly motivated and highly involved in the work, and thus they are the easiest to be retained. disgruntle and strugglers are the focus segments, which a company would not want to lose. They need to be enhanced, protected, valued and retained by pulling away all the nonretentive forces and kicking the retentive forces into high gear. DISGRUNTLED Highly involved but demotivated employees fair to highly difficult to retain STARS Highly involved and highly motivated employees unaffixed to retain DETACHED Uninv olved and demotivated employees Highly Difficult to retainSTRUGGLERS Uninvolved but highly motivated employees Moderately difficult to retain LOW HIGH Table 3 Intrinsic Motivations Involvement vis-a-vis Intrinsic Motivation Effect on employee retention Model Validation For the final validation of the regression model, a small patch test was done on a sample of 50 employees in Intelnet orphic Ltd. Few concrete recommendations were made to the process manager of this BPO and he was asked to stringently apply these recommendations. The employees chosen for this study were the ones who had said they would leave the organization if they were offered work with the same pay elsewhere.Data which was collected, after three months of implementation, was analyzed statistically. The solution scores were put in the regression equation as derived from the fourth objective and the resultant willingness to stay in the organization was calculated. The comparison with their original scores clearly revealed that there was an escalation HIGH LOW Ankita Srivastava et al,Int. J. Comp. Tech. Appl,Vol 2 (6), 3056-3065 IJCTA NOV-DEC 2011 Available emailprotected ijcta. com 3063 ISSN2229-6093 in the scores. Also, the predicted scores and the actual scores of the willingness to continue in the organization was put under correlation.Finally, employees were classified under four broad categories based on their level of involvement and motivation viz. detached, disgruntled, strugglers and stars. 8. Conclusion The regression model for the retention of employees in a BPO explains two important factors i. e. intrinsic motivation factors and involvement factors. This result is robustly analogous with all the prevalent and established theories of motivation viz. Herzbergs theory, Maslows theory, Alderfers Theory, McClellends Theory. According to all these theories, the higher order needs revolve around self esteem, or selfactualization in one way or the other.According to Maslows theory, th e higher-level needs are selfesteem and self-actualization. only when when one need is satisfied, another higher-level need emerges and motivates the person to do something to satisfy it. A satisfied need is no longer a motivator. Only the next level of needs in the hierarchy will act as motivators. Once a level of needs has been satisfied they no longer act as motivators and the individual then directs attention towards the next level of needs in the hierarchy. Herzberg draws a analog with Maslows theory but with a subtle difference. According to his theory, motivator factors are actors that are intrinsic to the job, such as the content of the work itself and the availability of opportunities for responsibility, advancement and recognition for achievement. The motivator factors, which Herzberg described as complex factors leading to this sense of personal growth and selfactualization, would then be able to act on that employee and increase job satisfaction and productivity. Thus, according to this theory, in order to motivate workers towards higher productivity, it is important to interpret that the motivators are utilized to arouse the instinct of the employees. Herzbergs motivator and hygiene actors can be mapped onto Maslows hierarchy of needs with the motivator factors corresponding to the higher order needs of ego and self-actualization. Next, according to Alderfers ERG theory, growth needs involve the intrinsic desire for personal development and include the intrinsic factor of Maslows esteem category as well as self-actualization needs. Finally according to McClellends theory, people with a high achievement need have a compelling drive to succeed. They strive for personal achievement rather than rewards and have a desire to do something better or more efficiently than it has een done before. They seek situations where they can attain personal responsibility for finding solutions to problems, where they can receive rapid feedback on their performan ce so they can tell easily whether they are improving or not, and where they can set moderately challenging goals. 9. Recommendations Organizations should have a proactive retention strategy which helps in simplification employee turnover. Retention plan strategies should be different for different level of employees, because their roles are different their needs are different what motivates them are different and what makes hem leave are also different. Based on the study it has been seen that dimensions of satisfaction and motivate are significantly different for employees on the basis of age, gender, marital status and education. Then, the regression model revealed that intrinsic motivation and involvement factors, as well as age and education level contribute to the sustenance of employees in the organization. Thus based on the findings, it can be said if the employees are motivated and involved in the work they can be retained. The ease of retention would depend on their degree of motivation and involvement. It is desirable to lan employee retention strategy by an organization, which should cover following aspects reciprocality is the key. Employees are investors in the company and expect a return on investment. The return can be in the form of recognition, empowerment and authority. Retention must be part of the organizations DNA. flourishing organizations have woven retention and engagement deeply into their structure. Loyalty is never given. Loyalty must be earned even satisfied employees sometimes leave. Therefore, develop sense of loyalty among the employees. Organizations must be seen as employers of choice. One has to compete on ompensation and benefits, but win on culture, learning and development. Stars include more than just the top 10% or 1% Stars are people at any level who underpin in the organization and bring value to it. Ankita Srivastava et al,Int. J. Comp. Tech. Appl,Vol 2 (6), 3056-3065 IJCTA NOV-DEC 2011 Available emailprotec ted ijcta. com 3064 ISSN2229-6093 Each generation of employees has different reasons for staying. For the first time in modern history, there are varied generations working side-by-side in most companies of this industry. generational differences continue to pose new challenges to todays employers.Thus, retaining them needs a generation-centric approach. Mentor widely and in both directions. Build learning relationships in all directions and hold all partners responsible for the success. Train intelligently. fork up on-going retention training in manageable bites make it a continuous effort and find ways to size the retention plan to the specific demographics of the organization. Create a development culture. Career development is the right thing for the organization (identifying and developing future leaders), the right thing for the employee (creating a development environment), and a key retention omponent. Recognize managers who keep employees. Meaningful recognition rem ains a potent energizer for employees and managers alike. 10. References 1. Vohra, Kushal, Systems preliminary to Retention of Critical Employees. Available at SSRN http//ssrn. com/abstract=662442 2. Tapper, David. Worldwide and U. S. IT Outsourcing Services 20042008 Forecast A electric potential Perfect Storm. Market Analysis (April 2004) IDC, Document 31089 . 3. Witt, L. A. , Martha C. Andrews, and Dawn S. Carlson. When Conscientiousness Isnt Enough Emotional enfeeblement and Performance among Call Center Customer Service Representatives. Journal of Management 30 (February 2004) 14960. 4. Walletwatch. Call heart Attrition Puts HR Managers to Test. (April 2003). www. samachar. com/biz/fullstory. ht ml (Accessed on May 8, 2010). 5. Rediff. com What Indian BPO Industry Needs. (2005a). us. rediff. com/money/200 5/apr/23bpo. htm (Accessed on May 1, 2010). . 1000 Jobs Offshored . 6. Ravichandaran, Ram. BPO, ITES Sectors to Hot Up in 2005, Says NASSCOM Report. Financial Express (M arch 9, 2005) 2 7. Ramchandran, Kumar and Sudhir Voleti. Business Process Outsourcing (BPO) Emerging Scenario and Strategic Options for IT-enabled Services. Vikalpa 29 (JanuaryMarch 2004) 4962. 8. Prakash, S. and Chowdhury, R. (2004). Managing attrition in BPO, In search of Excellence, Cool Avenues, http//www. coolavenues. com/know/hr/s_1 .php. Last accessed on February 06, 2010. 9. Pande, Bhanu Sun, Survey Cant discourage the Call of Duty. Economic Times Online (July 29, 2005). (Accessed on May 8, 2010). 10. Neale, Helen. Offshore BPO Delivery. NelsonHall BPO and Outsourcing Subscription Service Nelson-Hall, 2004 . Ankita Srivastava et al,Int. J. Comp. Tech. Appl,Vol 2 (6), 3056-3065 IJCTA NOV-DEC 2011 Available emailprotected ijcta. com 3065 ISSN2229-6093

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