A STUDY OF EMPLOYEE RETENTION TECHNIQUE AT CARE HOSPITAL

Synopsis “A Study Of Employee Retention Techniques At Care Hospital”

TITLE OF THE PROJECT
“A Study Of Employee Retention Techniques At Care Hospital”

1 PDIMTR

There are various HR issues the a corporate deals 1. 2. Hiring knowledgeable people for the job is essential for an employer. The reason may be personal or professional. There are many organizations which are looking for such employees. The organizations are becoming aware of these reasons and adopting many strategies for employee retention. he may switch over to some other more suitable job. EMPLOYEE TURNOVER ATTRITION These basic needs other than routine and future HR tasks are to be taken care of on Priority before it becomes late.A STUDY OF EMPLOYEE RETENTION TECHNIQUE AT CARE HOSPITAL INTRODUCTION EMPLOYEE RETENTION: Definition: “Employee retention is a process in which the employees are encouraged to remain in the organization for the maximum period of time. There is no dearth of opportunities for a talented person. CARE HOSPITAL: 2 PDIMTR .” Employee Retention involves taking measures to encourage competent employee to remain in the organization for the maximum period of time. These reasons should be understood by the employer and should be taken care of. If a person is not satisfied by the job he is doing. In today’s environment it becomes very important for organizations to retain their employees. Corporate are facing a lot problem in employee retention these days. But retention is even more important than hiring.

Culture. It serves better through cashless facility. OBJECTIVES OF STUDY: 3 PDIMTR . Corporate and insurance companies. It is a hospital chain that is founded and managed by Medical professionals with a mission and a passion for providing healthcare for the needy. Research Methodology AIM OF STUDY: To carry out the study of the employee retention techniques adopted at CARE HOSPITAL in present competitive environment of Healthcare Industry to help knowing and reading of the minds of the current generation professionals regarding their compensation. Work atmosphere. Organizational Climate. they have joined hands with various TPAs. engaged in providing primary as well as tertiary healthcare services.A STUDY OF EMPLOYEE RETENTION TECHNIQUE AT CARE HOSPITAL CARE Hospitals is one of the fastest growing chains of corporate hospitals in India. It was commissioned on the 19th of November 2006. management support and Career growth opportunities. has clinched the honor of being the best provider of quality healthcare of international standards at less than competitive prices. with a difference. CARE Nagpur has been acclaimed as a hospital parexcellence for its contribution to removing disease in the neighborhoods of Nagpur and Central India. The hospital is an ISO 9001:2000 certified Heart and Multi-Specialty Hospital with 105 beds.

SCOPE OF STUDY: The Management will be in a position to work out the strategies in relation to the Human Resource Management. Hiring knowledgeable people for the job is essential for an employer. turnover and other related issues. Alternate Hypothesis: “Retention technique is effective. • It will help management use other available HR tools effectively.” RATIONALE BEHIND THE STUDY: Employees are the basis of every organization. So it become challenging to retain old and experienced staff. where demand of employees is high and supply is low. To study various techniques of employee retention will be studied here. RESEARCH DESIGN: 4 PDIMTR .A STUDY OF EMPLOYEE RETENTION TECHNIQUE AT CARE HOSPITAL i. Hospitals are specialized sector. To understand the Human Resource Policy ii. • HYPOTHESIS: Null Hypothesis: “A Retention technique is not effective”. To study the causes of attrition. But retention is even more important than hiring. iii. as expectations are very high because it’s a service sector.

A STUDY OF EMPLOYEE RETENTION TECHNIQUE AT CARE HOSPITAL The project titled “A Study of Employee Retention Technique At Care Hospital. Nagpur” shall be the result of Exploratory research. as follows: Sources of primary data• Personal Interview • Other data available in HOSPITAL records • Observation Sources of secondary data• • • • Web sites SOPs Magazines Books. materials. • Sample Size = 50 Employees • Sample Area = Moil personnel. DATA COLLECTION: The data used for the project is primary as well as secondary data. • Duration = one (1) Month 5 PDIMTR . marketing and finance department. SAMPLING: Sample size for the research will be about 50 employee of hospital.

which will be design for the collection of data and other such relevant material.No 1.A STUDY OF EMPLOYEE RETENTION TECHNIQUE AT CARE HOSPITAL DATA PRESENTATION AND ANALYSIS • • Pie Diagrams Graphs LIMITATIONS This study is only limited to CARE and is not applicable to other HOSPITLS. • CONCLUSIONS AND RECOMMENDATIONS The conclusion drawn on the basis of data analysis shall be presented along with the recommendations and suggestions APPENDIX This will have the questionnaires. • It does not ensure proportionate representation to all constituent group of population. PLAN OF WORK: Sr. • The method of random sampling is suitable for small populations only. • A simple random sample yields cases that are too widely dispersed and this is practically not possible to stick to the initial random sample. PDIMTR Item Collection of the primary Duration( in days) 7 6 .

What is employee retention. the sampling technique etc.A STUDY OF EMPLOYEE RETENTION TECHNIQUE AT CARE HOSPITAL data 2) Collection of the secondary data 3) 4) Typing of the manuscript Development of analysis plan 5) 6) Drawing conclusions Drawing suggestions 3 3 5 5 7 total 30 CHAPTER SCHEME 1) INTRODUCTION: EMPLOYEE RETENTION This chapter deals with the introduction of the employee retention. 3) RESEARCH METHODOLOGY:- This chapter will contain research plan. its scope and importance? 2) ABOUT THE COMPANY: - This chapter will include a short introduction of the company and its vision and mission. 7 PDIMTR .

A STUDY OF EMPLOYEE RETENTION TECHNIQUE AT CARE HOSPITAL 4) DATA ANALYSIS :- This will include the interpretation and the analysis of the data that was collected during the study through pie diagrams and graphs. 5) GLANCE AT THE TECHINQUES AND TOOL ADOPTED BY THE HOSPITAL FOR EMPLOYEE RETENTION: This will include the ways of the performance appraisal system carried out at moil. CONCLUSION: - The conclusion drawn on the basis of data analysis shall be presented along with the recommendations and suggestions and limitations. • BIBLIOGRAPHY: . LIMITATIONS.The sources of secondary data collection will be:1) Books 2) company manual 3) websites 4) SOPS 8 PDIMTR . • APPENDIX This will have the questionnaires. 6) FINDINGS AND RECOMMENDATIONS. which will be design for the collection of data and other such relevant material.

DPR.A STUDY OF EMPLOYEE RETENTION TECHNIQUE AT CARE HOSPITAL ANURADHA JAIN B. (RESEARCHER) Pro.E.A.MUKTAI CHAVAN DEB M. Ph. MBA (HR) (SUPERVISIOR) DR. (CO-ORDINATOR) NAGPUR DATE : 9 PDIMTR .D.M.COM. SET.A. MBA.BURGHATE B.

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