Comparative Study of Employee Retention in HCL

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COMPARATIVE STUDY OF

EMPLOYEE RETENTION IN HCL


Presented By
BHARAT DHURVE
PGDHRM/09/017
OBJECTIVES OF STUDY
To increase the understanding regarding employee’s
retention in relation to leadership style, remuneration
and elements such as participation, and feedback.

To increase development and work-atmosphere .


DEFINITION OF RETENTION
Employee retention is a process in which the
employees are encouraged to remain with the
organization for the maximum period of time or until
the completion of the project. Employee retention is
beneficial for the organization as well as the employee
WHY EMPLOYEES LEAVE THE
ORGANISATION           
No growth opportunities.
Lack of appreciation.
Lack of trust and support in coworkers, seniors
and management
Stress from overwork and work life imbalance.
Compensation
New job offer
STRATEGIES FOR EMPLOYEE
RETENTION
Hire the right people in the first place.
Empower the employees: Give the employees the authority to
get things done.
Make employees realize that they are the most valuable asset
of the organization.
Have faith in them, trust them and respect them.
 Provide them information and knowledge.
Keep providing them feedback on their performance.
Recognize and appreciate their achievements
ORGANIZATION PROFILE OF HCL
HCL established in 1976
HCL is a leading global Technology and IT Enterprise
with annual revenues of US$ 4.9 billion.
The HCL team comprises 55,000 professionals of
diverse nationalities, operating across 18 countries
including 360 points of presence in India.
Shiv Nadar, Founder - HCL and Chairman & Chief
Strategy Officer .
WHAT I HAVE DONE
Interaction with the H.R. people of the organizations.
Interaction with the (head of department) HOD of
the various departments.
Questionnaires filled with the HOD (head of
department).
Visit to the company offices.
SUGGESTIONS AND
RECOMMENDATIONS
To maintain the Retention process in the organization
HCL need to focus on following area.
A) Keep their morale high
B) Create an environment where the employees want
to work and have fun.
C) Empower the employees: Give the employees the
authority to get things done.
THANK YOU

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