A Study on Employee Attrition in Indian steel companies

5 Dec

A Study on Employee Attrition in Indian steel companies

Authors- Divya Singh, Assistant Professor Kavita Achchalli, Assistant Professor Dr. Janet Jyothi D’Souza

Abstract-Employee attrition in manufacturing firms, including voluntary and involuntary departures, significantly impacts productivity, costs, and performance. It involves resignations, retirements, transfers, layoffs, or terminations and is crucial for evaluating workforce stability, employee satisfaction, and work environment health. This research assesses employee satisfaction with job conditions conducted at JSSL companies using primary data. Findings indicate JSSL has cultivated a positive work environment, emphasizing satisfaction, professional development, and work-life balance, resulting in high job satisfaction and retention. Most employees feel their compensation matches their responsibilities and are content with their roles, showing no inclination to seek other employment. However, opinions on work schedule flexibility were divided, with equal satisfaction and dissatisfaction. Organizations should reassess workload expectations and schedule flexibility to enhance satisfaction and productivity.

DOI: /10.61463/ijset.vol.12.issue6.351