1) The document discusses a project report on employee retention techniques at Bajaj Allianz Life Insurance Company Ltd for the fiscal year 2009-2010.
2) There were a total of 498 employee exits during the year, with 362 resignations, 62 terminations, and 74 employees absconding.
3) The report analyzes the primary and secondary data collected to understand current retention techniques and identify additional steps that could be taken to reduce attrition at Bajaj Allianz Life Insurance.
2. PREFACE
THE TOPIC OF THE PROJECT REORT is EMPLOYEE RETENTION
TECHNIQUES for the financial year (FY 2009 2010) of BAJAJ
ALLIANZ LIFE INSURANCE COMPANY Ltd. . The primary data
was provided on the basis of four basic areas ie; area on basis
of division , department , tenure , and on monthly basis .
There are total 498 exit cases in the total financial year , out of
which 362 are cases of resignation , 62 are cases of termination
and 74 are cases of absconding
The report is helpful to understand some important facts about
retention ie; what are retention techniques adapted by BALIC
and what steps more be taken , etc.
I
completed this report after collecting information about
attrition through primary and secondary sources of data
3. The
executive summary portion of this report would be helpful to
provide clear picture what the project holds actually , to all the
readers of this report , Data Analysis and Interpretation portion
will speak about the main causes of attrition in BAJAJ ALLIANZ
LIFE INSURANCE COMPANY Ltd. Which can be generalized on
other Insurance Sectors .
I
hope that the report would be interesting in reading and also
will familiarize its readers to the causes of insurance in
insurance sector.
- TANUSHREE HELA
MPMIR (2ND
SEM)
B.H.U. (VARANASI).
6. PROJECT REpORT ON
Employee retention techniques
MASTERS IN PERSONNEL MANAGEMENT AND INDUSTRIAL RELATIONS
(2009 2011)
AT
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD.
UNDER THE SUPPERVISION OF -
ARJUN SINGH YADAV
HUMAN RESOURCE (UP-2)
SUBMITTED BY
TANUSHREE HELA
M.P.M.I.R.
(2009-2011)
7. DECLARATION
This report is based on my project topic on EMPLOYEE
RETENTION TECHNIQUES as a part of summer training
in PERSONNEL MANAGEMENT AND INDUSTRIAL
RELATIONS course of study .
This report has been prepared after deeply studying
and collecting data with the help of primary and
secondary data about this project topic .
I hereby declare that information and data provided in
this report are true to best of my knowledge .
8. NAME TANUSHREE HELA
COURSE
M.P.M.I.R.
BANARAS HINDU
UNIVERSITY
VARANASI.