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    Homework Title / No. : 2 Course Code: MGT801

    Course Instructor: Dr.Subhendu Datta Course Tutor (if applicable):

    Date of Allotment: 04-oct-2010 Date of submission: 15-oct-2010

    Students Roll No.RQ3001A04 Section No. : _________________________

    Declaration:

    I declare that this assignment is my individual work. I have not copied from any other students work

    or from any other source except where due acknowledgment is made explicitly in the text, nor has any

    part been written for me by another person.

    Students Signature: Dolly Mehta

    Evaluators comments:

    _____________________________________________________________________

    Marks obtained: ___________ out of ______________________

    Content of Homework should start from this page only:

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    PROBLEMS OF HIGH RETENTION RATES IN IT

    COMPANIES

    (I)

    INTRODUCTION

    Once a firm manages to find and hire a top employee, retention becomes the

    key issue. This is most important in the IT industry, where the majority of

    Indias job hoppers are employed. The famed International Technology Park in

    Bangalore, which boasts self-contained power facilities, modern gymnasiums,

    food courts and other amenities, is indicative of what it takes to retain IT

    professionals. In a country where thousands of villages are without electricity or

    telephones, Indias technology parks stand out as bastions of unexpected

    affluence.

    The most favoured employers will make a significant investment in training

    their employees. Although some might contend that training simply makes the

    employees more saleable, it is equally likely to breed employee loyalty. This is

    especially true in the IT sector, where skills quickly become dated and

    employees need constant retraining in order to remain current. Indeed, a

    Business Today / Hewitt Associates study rated Infosys, a company that puts all

    of its junior employees through a three-month training program, the most

    favoured employer in India. All good companies provide other facets of

    employee development, including skills upgrade training and personal

    development programs on a regular, on-going basis.

    In addition, maintaining job satisfaction through variation of duties is important

    to ensure that employees dont simply leave out of boredom. New Delhi-based

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    Hughes software, for example, has initiated an internal placement program that

    helps employees to move between departments and projects within the

    company. Although this has caused some logistical problems, as some projects

    lose valued personnel, the cost to the company may well be lower than losing

    the employee to a competitor.

    (II)

    Problem Statement

    Retention of key employees is critical to the long term health and successful

    of any organisation. Replacing employees costs money recruiting

    employees consumes a great deal of time and effort much of it futile.

    (III)

    OBJECTIVES

    1. To study reason for employees shifting from one place to another.

    2. To study the retention techniques followed by IT companies.

    3. To study the factors which prevent high retention in IT companies.

    (IV)

    HYPOTHESIS

    There are high retention rates in IT companies.

    (V)

    METHODOLOGY

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    Data collected is primary as well as secondary data. In Primary Data

    survey through questionnaire will be use. In Secondary Data research

    papers, articles, internet, etc.

    (VI)

    REVIEW OF LITERATURE

    Taylor and Bain (___) has concluded that in recent years prominent companies

    have migrated call centre services to India provoking much-publicized fears forthe future of UK employment. This article challenges the widely-held

    assumption that offshoring voice services were a seamless undertaking,

    principally through an investigation of the Indian call centre labour process.

    This enquiry was informed initially by an analysis of the political-economic

    factors driving off shoring and shaping the forms of work organization to had

    emerged in India. A critical review of literature on call centre work organization

    provides a conceptual framework, through which Indian developments were

    analysed. Data comes from fieldwork conducted in India and a complete audit

    of the Scottish industry, through which UK trends were evaluated. Author

    concluded that the Indian industry reproduces in exaggerated and culturally-

    distinctive forms, a labour process that has proved problematical for employers

    and employees alike in the UK and elsewhere.

    Ng and Mitter(__) has concluded that the experiences of women workers in the

    emerging Information Technology Enabled Services sector (ITES), in particular

    those working in call centres representing customer care services for both

    national and globallyoutsourced business entities. Although the Malaysian andIndian cases were not entirely comparable, the case studies give a certain insight

    into the changes in the lives and career patterns of women in the developing

    world. The article contributes to the debates about whether these novel

    institutions replicate the experience of the runaway manufacturing firms in the

    exportoriented sector of the 1980s. By producing new empirical data and

    privileging the voices of women workers themselves, the article discusses

    whether there is a devaluing of women's work and skills or whether women

    workers have gained through these new employment opportunities, empowering

    themselves in the process. Author concluded that the future prospects for thistype of work in developing countries need more state attention, in the context of

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    the potential in formalization of these jobs and trade protectonics from the

    West, particularly in the case of offshore locations.

    (VII)

    CHAPTER SCHEME

    I. Introduction

    II. Concepts and Theoretical framework

    III. Employees Shifting From One Place To Another

    IV. Retention Techniques

    (VIII)

    CONCLUSION

    When organisation implement the three RSapproach then

    organisation will reduce turnover and enjoy increased productivity,

    reduce absenteeism, a more pleasant work environment (both

    organisation and employees) then it will be increase the profits.

    REFRENCE

    Cecilia Ng, Women's Development Collective, 44 Jalan Kajang Satu,

    Taman Sri Kajang, Selangor, Malaysia.

    Swasti Mitter, International Consultant on ICTs and Gender, 16Hawks well Gardens, OX2 7EX, UK.

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    Taylor University of Stirling, UK.

    Bain University of Strathclyde, UK.