Volume : III, Issue : VI, June - 2014

Effective Retention Factors Influencing Workers to Retain in Select Automobile Components Manufacturing Industries with reference to Coimbatore District

M. Usha, Dr. M. Nandhini, Dr. P. Palanivelu

Abstract :

The Indian labour’s development can be evolved in three phases, which help map the challenge of retention and how it has evolved in the last few decades. The first phase was pre-reform, where there was no labour shortage. It was a time where highly competent youth had to compromise on the quality of careers they wanted to pursue. The most prestigious jobs available were generally in the public sector. In the second phase or pre 2000 era, organizations experienced a talent shortage as new business models started to surface and off-shore businesses began to gain currency in India. In the current phase or post 2000 era, the significance of this topic is validated by the fact that a couple of hundred HR professionals have gathered around to explore retention challenges and solutions. Workforce in the pre-reform phase was tenured and expressed lifetime loyalty to their organization. Equity maintained by organizations in dealing with workers was the key retention driver. HR policies of Indian firms reflected the labour situation in the country. The challenges in Employee Retention, not only involve how to minimize the possibility of losing good workers but also how to identify workers, an organization needs and wants to keep

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

M. Usha, Dr. M. Nandhini, Dr. P. Palanivelu / Effective Retention Factors Influencing Workers to Retain in Select Automobile Components Manufacturing Industries with reference to Coimbatore District / International Journal of Scientific Research, Vol.3, Issue.6 June 2014

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