Employee Turnover

HUMAN RESOURCE MANAGEMENTPRESENTED TO: KHAWAJA IMRAN

PRESENTED BY: WAQAS ILYAS (BA582702)

TODAY’S TOPIC

EMPLOYEE TURNOVER

WHAT IS EMPLOYEE TURNOVER ?

“ Employee Turnover is the movement of members across the boundary of an organization.”

TYPES OF TURNOVER

Involuntary Turnover Voluntary TurnoverFunctional TurnoverDysfunctional Turnover

INVOLUNTARY TURNOVER

Involuntary Turnover Consists of Separations where an Employee unwilling leaves.

VOLUNTARY TURNOVER

Voluntary Turnover Consists of employees Exercising their free Choice to leave.

FUNCTIONAL TURNOVER

Functional Turnover is when low Performing Employees leave.

DYSFUNCTIONAL TURNOVER

Dysfunctional Turnover is when high Performing Employees leave.

REASONS WHY AN EMPLOYEE LEAVES AN ORGANIZATION

Monetary Factors Lack of good Working Condition Lack of Respect Lack of Appreciation Less frequency in Giving Rewards

REASONS WHY AN EMPLOYEE LEAVES AN ORGANIZATION

The Mismatch Between Job and Person Too Little Coaching and Feedback Lack of Support Stress From Overwork and Work-Life Imbalance   Loss of Trust and Confidence in Senior Leaders

ہے کاروبار فعال غیر جب کر چھوڑ کو ملازمین دکھانے کارکردگی . اعلی

FACTORS AFFECTING EMPLOYEE TURNOVER

Training & DevelopmentPerformance Management Job FitManager Quality

Candidate BehaviorsCandidate SkillsCompensationEmployment Brand

PRACTICAL STUDY

IntroductionHBL was the first commercial bank to be established in Pakistan in 1947. Over the years, HBL has grown its branch network and become the largest private sector bank with over 1,600 branches and 1,700 ATMs globally and a customer base exceeding eight million relationships.

THE ORGANIZATION WITH RESPECT TO TOPIC

Involuntary Turnover is Necessary to Maintain the Image of HBL Brand.

HBL Always Busy into Analyzing and Preparing the HR Policy.

HBL Always look into Trade off between Company and Employee benefits.

The Main purpose of HBL is to Provide best Perks and Benefits to the Employee on Reasonable cost, as the Employee work for the Betterment of HBL with Creative and Fresh mind.

SWOT ANALYSIS

Strengths Professional and well trained staff.

Wider space for healthy work.

Stronger ambition.

Higher co-operative Workforce.

Weakness Difficult to maintain same

environment in each branch.

Low job satisfaction.

Loss of Cost When Hire New Employee.

SWOT ANALYSIS

Threats Offer Competitive Wages &

Benefits.

Leak the Information & Polices When Employee Leaves.

Opportunities HBL HR Department Makes Back

Up Systems when Employee Leaves an Organization.

Manager Makes Good Relation with Employee to Work Better.

Level up the Salary Slabs.

CONCLUSIONSBank is enjoying a healthy market share and taste of good status in terms of its operative features and customer support. HBL experiencing a good reputation and reasonable mark up with respect to prevailing market mark up with assurance of satisfaction and support. HBL given proper attention to every customer then in few years it will be the leading bank of the country.

RECOMMENDATIONS HR Department of HBL to increase the efficiency of the

company.

The management should try to decrease job insecurity among the employees.

Training program should be started for internees and newly appointed employees.

There should be transport facility for the employees.

The number of employees should be increased in order to decrease the workload.