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Ajay Kumar M, PPT On Employee Attrition
Ajay Kumar M, PPT On Employee Attrition
Department of MBA
GURU NANAK DEV ENGINEERING COLLEGE. BIDAR
Mailoor Road Bidar-585403
September-2023
Introduction
Attrition Meaning.
When an employee decides to leave the business to work for another one, this is known as
an employee. Attrition.
Many employees switch employers solely for the benefits offered by the new employer.
For various aspects such as
greater pay, distance from home, better growth opportunities, better skill training, better
roles, environmental factors, poor manager relationships, etc.
The Study was done to determine what element had the biggest effect on the employee
attrition at Sai Life Sciences.
Company profile
Sai Life Sciences is one of the India’s rapidly growing Contract Research, Development, and API
Manufacturers.
As a full-service CRO and CDMO, Sai Life works with over 100 global innovative pharmaceutical and
biotechnology companies and.
Today, the organisation having employees group of over 2500 employees across its facilities
Which are in India, the UK, and the USA.
Vision, Mission and Quality Policy.
Vision
accelerate the discovery, development and manufacture of complex small molecules for a healthier
tomorrow.
bring 25 new medicines to life by 2025. And they are well on that journey.
Mission
develop innovative medicines quicker and at lower cost by providing reliable research and manufacturing
solutions.
communicate effectively, safeguard IP, and invest in people to adopt technologies
Quality Policy
GMP (Good Manufacturing Practice) for commercial products
Quality system at Sai Life Sciences is designed to fulfill most stringent global regulatory standards.
SWOC Analysis,
Strength
100+ molecules across different clinical phases
Customer base in highly regulated markets, including the USA, EU, and Japan
Over 70% of GxP activities are governed within electronic systems
Weakness
Huge amounts of manual activities and document management
Facing Difficulties in achieving progressive laboratory digitalization
Absence of data centralization and scalability
SWOC Analysis,
Opportunities
Needs to work towards bringing down the costs by 20% - 25% for sustainability and creating a Global market
identity.
Organisations should contemplate how to become more self-reliant in relation to basic raw materials.
Challenges
Decrease in demand for prescription drugs
Increase in competition from generic drugs
Supply chain disruption
Keeping up with technology
literature review
Amadasu, D. E. (2003)
Highlighted that workforces will “definitely stick around and work for the development of
organizational” missions if relevant workman attrition policies are endorsed and executed by
Organizations.
Glen (2006)
Has identified several Divergent predictors of attrition, organizational activities, role
provocation , ethics , compatibility between work, identification, administration, and
working environment.