“EMPLOYEE RETENTION AT LEARNINGMATE

SOLUTIONS PVT LTD”

Submitted By- Project Guide –

Mr.Sachin Laxman Munde Vikas Pande
Roll No. 309
MMS (2015-2017)
Issue Researched
 To Study Employee Retention at Learningmate
solutions pvt ltd.
Objectives
 To find out the root cause of existing employee
turnover problem and retention needs of top talent.

 To measure the employee overall satisfaction.

 To measure current areas of concern and identifies

opportunity for Improvement.
Hypothesis 1

 To study Employee Satisfaction impact on

employee Retention

 SET 1
 H1=Employee Satisfaction impacts employee
retention.

 H0= Employee Satisfaction Does not impact employee

retention.
Hypothesis 1

100

80

60 no
40 yes

20

0
frequency of frequency in %
respondents
Hypothesis 2
 To study impact of work Environment and Work
Culture On Employee Retention

 SET 2

 H1= Work Environment and Work Culture affects

Employee Retention

 H0= Work Environment and Work Culture does not affects

Employee Retention
80
70
60
50
40
yes
30
no
20
10
0
frequency of frequency in %
respondents
Hypothesis 3
 To study Impact Of Pay and Benefit on Employee
Retention

 SET 3

 H1= There is impact of Pay and Benefit on employee

retention.

 H0= There is no impact of Pay and Benefit on

employee retention.
90
80
70
60
50
40 yes
30 no
20
10
0
frequency of frequency
respondents in %
Methodology
 Research Design -Exploratory And Descriptive
 Sample
 Sampling Method –Non Probability Sampling
 Data Collection Method –Primary And Secondary
Sample
 n = (ZE/E)*(ZS/E)
 Where,
 E = Tolerance Limit
 S = Standard Deviation
 n = Number of Elements (Sample Size)
 Z = Accuracy
Sample Size
 Calculation of The Sample Size
 E = 5%
 S = 0.3721%
 Z = 95%
 n = (ZS/E)*(ZS/E)
 n = (0.95*0.3721/0.05)* (0.95*0.3721/0.05)
 n = 50
 Hence, sample size is 50

Overview of Analysis
 Up to what extent you are satisfied with your job and post at company
“LMS”?
 1)100% 2) 75% 3) 50% 4) 25%

Chart Title
1 2 3 4
6%
22%
30%

42%
 At work, do you have the opportunity to do what you
do best every day?

Strongly Agree Agree Disagree

Strongly Disagree Not Applicable

0% 0%
29% 18%

53%
 In the last three months, have you received recognition
or praise for doing good work?

Strongly Agree Agree Disagree

5% 0% 0%
11%

84%
 Is there someone at work who encourages your
development?

Strongly Agree Agree Disagree

Strongly Disagree Not Applicable

0%
8% 0% 8%

84%
 At work, do your opinions seem to count?

Strongly Agree Agree Disagree Strongly Disagree Not Applicable

0% 0%

3% 10%

87%
Are your associates (fellow employees) committed to
doing quality work?
Strongly Agree Agree Disagree Strongly Disagree Not Applicable
0%
11% 5% 5%

79%
 In the last year, have you had opportunities at work to
learn and grow?

Strongly Agree Agree Disagree Strongly Disagree Not Applicable

0%
8% 21%
5%

66%
 Are the pay and benefits in your organization
comparable to similar companies?

Strongly Agree Agree Disagree Strongly Disagree Not Applicable

0% 3%

16%
39%

42%
 Are job promotions in this organization fair and
objective?

Q9
Strongly Agree Agree Disagree Strongly Disagree Not Applicable
3% 3%

13% 31%

50%
 Are organization policies clearly communicated in the
organization?

Strongly Agree Agree Disagree Strongly Disagree Not Applicable

0% 0%
11%
42%

47%
 Do you see yourself continuing to work for this
organization two years from now?

Strongly Agree Agree Disagree Strongly Disagree Not Applicable

0% 0%

26% 24%

50%
 Do you recommend your friends/relatives in your
organization?

Strongly Agree Agree Disagree Strongly Disagree Not Applicable

0% 0%
13% 24%

63%
 Select and rank the following engagement tools
applicable in your organization. Please rate the
options, from 1- 8 (1 being the lowest and 8 being the
highest).

Retirement Plans
Employee Referral Scheme
Rewards and Recognition Schemes
Counseling/ Feedback
Employees Participation in decision…
Career development
Work life balance
Stress Management

0 1 2 3 4 5 6 7 8
FINDINGS
1. 68% of the sample agreed to the fact that they are aware about the
work which they have to perform while 32% are strongly agree on this
fact.
2. Majority (53%) of the employees get the opportunity to do best of
their work everyday while 28% of them disagreed on this and 18% of
them strongly agreed.
3. 84% of the employees have received recognition or praise in the last
three months for doing good work while 11% of the employees are
highly satisfied with recognition in their organization and 5% of
them has not received any praise in the last 3 months.
4. Generally people feel sense of belongingness when someone is their
at their workplace to support them and 84% of the employees agreed
on this fact while 8% have strongly agreed and the other 8%
disagreed.
5. Employees participation in decision making is again a criteria of
measuring employee engagement. 87% of the employees have agreed
that their decision seems to count, 10% strongly agreed to this and
only 3% have disagreed.
6. 79% of the sample agreed that their fellow employees are committed to do quality
work while 11% have disagreed on this fact. 5% of them have chosen strongly on this
and the other 5% has given no comments on this.
7. Learning and Development is one of the most important aspect to find out the
employee engagement in the organization. 66% have agreed that they get the
opportunity to learn and grow in the organization while 21% of them have strongly
agreed on it. 8% of the employee have not given any reply and 5% were disagree.
8. 42% of the sample is satisfied with pay and packages of their organization while 32%
are highly satisfied with it. 16% disagree on the competitive pay and benefit
packages.
9. Half the percentage (50%) of the employees believe that the promotions are done
objectively, 31% strongly agree to the fairness of the same while 13% doubt the
fairness and objectivity of the process.
10. 47% of the sample has agreed to be clear on the policies that prevail in their
respective organizations. A good proportion of 42% strongly agreed on the clarity
while only 11% reported ambiguity on the policies.
11. A majority of 50% has agreed to continue to serve in the same organization for next
two years, 24% are very much willing to do the same whereas a stricking 26% of the
employees are those who are on the verge to leave the organization since they are not
even commiting for next two years.
12. 24% of the sample surveyed strongly believe in recommending friends and
relatives to their organizations, 63% agreed to this while 13% has disregarded the
option.
13. Rewards and recognition schemes to be the most popular engagement tool
amongst the employees, next is efforts on Career develoment. Employee
participation in decision making and Counseling/ Feedback seem to be equally
effective, next in line is Employee referral scheme. Stress management is then
regarded as important but Retirement plans and Work life balance surprisingly
seem to be of least effective.
Suggestions
 As contrary to what managers believe that decision making is the most
effective tool, the employees still prefer rewards and recognition. The
Managers should focus on the rewards and recognition schemes in
their organization.
 Practically people don’t give much importance to stress management
programs, work life balance and retirement plans so there is scope of
improvement in this area.
 To increase employee engagement, the organizations should
 Provide variety: By rotating duties, areas of responsibility, delivery of
service
 Conduct periodic meetings with employees to communicate good
news, challenges and easy-to-understand company financial
Information.
 Indulge in employee deployment if he feels he is not on the right job.
Provide an open environment.
 Communicate openly and clearly about what's expected of employees
at every level - your vision, priorities, success measures, etc.
 Get to know employees' interests, goals, stressors, etc. Show an interest
in their well-being and do what it takes enable them to feel more
fulfilled and better balanced in work and life.
Findings
 To engage the workforce, most of the organization surveyed
periodically recognize employees and provides flexible
working hours.
 Nowadays employees are involved in decision making in the
organization and majority of the employees agreed on this
fact.
 Compensation & Benefit programs are observed as the most
effective rewards scheme
 For team building companies generally do small team
recreational activities and social activities.
 Majority of the organizations agreed that the engagement
strategies of their organization help in retaining the
employees in the organization.
 Chart Title
1 2 3 4
6%
22%
30%

42%