New to HR: How Should I Tackle My Internship Project on Employee Attrition?

Hi People,

Just joined HR world, I'm in my summer internship and planning to do a project on the attrition of employees. If anyone has any suggestions, please reply as I'm a bit confused about how to go about it. I'm working in a finance company.

Regards,
Aman

Dear Aman,

Welcome to the HR community. May you have an intellectual feast here. Regarding your wish to study employee attrition, what is it that you want to study here? I shall provide some leads for your clarification. Let me know what you need.

1. Costs involved in employee attrition
2. Organizational strategies to manage employee attrition
3. Fighting employee attrition
4. Measuring or calculating employee attrition
5. Causes of employee attrition
6. Myths and facts of employee attrition
7. Comparison of employee attrition rates in two companies or sectors.

Please let me know, Aman, so I can assist you further.

Cheers,
Dr. Prageetha

Thanks Prageetha,

You really made me think about what I want to study in regard to attrition. Now the picture is quite clear. I want to calculate the rate of attrition in my company and identify the causes for it. Additionally, I want to provide recommendations to combat attrition. I am thinking of conducting exit interviews with employees who have already left. Please guide me.

Regards,
Aman

Dear Aman,

I am glad that my post was of some use to you. Exit interviews can only provide the causes of attrition; they cannot measure the rate with that data. Moreover, the information obtained from exit interviews is sometimes hazy. There are some time-tested formulas to calculate employee attrition.

Regards,
Dr. Prageetha

Hi Dr. Prageetha,

You are right that exit interviews will give me causes to find the rate of attrition and to calculate the rate of attrition. I have 4 months of data on resignations and the total number of employees in that period. Is there any positive side of attrition?

Regards,
Aman

Hi Prageetha,

Thank you very much for all the information about attrition. I am currently working on my project related to attrition in the apparel industry. Do you believe that we should also take into account absenteeism when calculating the attrition rate? Please correct me if I am mistaken.

Thank you.

Hi,

I am an MBA student currently doing my summer internship, and my project focus is on "Recruitment & Selection of Customer Support Representatives in BPO".

Could anyone provide me with the necessary information on how I should approach this project? I need to submit my project synopsis by June 12th outlining my project plan.

I am eagerly waiting for a reply.

Thank you.

Hi all,

I am a new joiner to the group. Well, I am Ritu, a student pursuing an MBA in HR. I am currently doing my internship in Bangalore for an MNC in the IT industry. Along with my main project, I have a mini project where I need to collect secondary information on employee retention and attrition control. Can you please help me with that? I need information on the following:

1) Causes of attrition
2) Possible solutions
3) Calculation of the cost of attrition
4) Case studies on employee retention
5) Management games or other exercises that help in retention

If you can suggest some good books or links, that would be great! Hope to get your support. Thank you very much.

Cheers,
Ritu

Hi Prageetha,

I am a new joiner in this group. I am doing my MBA in HR. Currently, I am working on my summer internship focusing on the attrition rate of a large organization. I need some help with my project. My organization has requested me to conduct research using exit interviews. Could you please provide me with ideas on how to create graphs with open-ended questions? What kind of analysis should I perform? I also need guidelines for my project.

I am expecting a prompt reply. This is urgent.

Thank you,
Nive

Hi,

I am currently working on a project on attrition analysis. I have almost completed calculating the attrition rate of my company across various sub-units. Additionally, with the help of exit interviews, I have identified the main reasons for attrition across the units and band-wise reasons as well.

I would appreciate your guidance on how to proceed with creating the report. Since I have analyzed the exit interview data in detail, there are different reasons for attrition among various bands. Therefore, I also require assistance on how to formulate recommendations accordingly.

Thank you!

Hi
For the synopsis first thing you need to do is mention the objective of the project,(The main objective of the company is to recruit the right candidate for the right position, matching the profile of a candidate with that of the client's requirement)
secondly ur targets and thirdly ur strategies to meet these targets.
Make a schedule of this and submit
do it for both i.e ur OJT and Project
Hope this will help you..if u need more info mail me on [Login to view] as i have the same project title.
all the best
Purvi

Hi All,

I am an MBA student from Mumbai. I am also struggling with my project on attrition. Could you please forward me the details you have collected so far?

Thanks,
Fareen

I am really in need of some tips about how to go about managing attrition in BPOs as well as the calculation part. Could someone shed light on it?

I am doing my final year BBM (IS) and planning to do my project on attrition rate in BPOs. Could anyone help with your projects for reference questionnaire? Please email me for the information at kgeethangilli@yahoo.com.

Regards,
Geethu

Hi, I am a new member and I am carrying out a project on employee attrition. I am addressing organizational strategies to manage employee attrition. Looking forward to guidance.

Regards,
Mariyam 😉

Hello Mariyam:
I am carrying out a project on employee attrition and addressing organizational strategies to manage employee attrition. I am looking forward to guidance. What is the annual employee turnover rate?

Hi, I'm an MBA student conducting my project on the study of various reasons for employee attrition. If anyone has any information on attrition rates in different industries or any documents or articles on attrition, please email me at sapeksha77s@yahoo.com.

Thank you!

Hi guys and gals,

I am a new joiner to this group. I am an MBA HR student doing my summer internship on attrition rate for my project. I have collected some information regarding it. Sorry to say that it is not well-organized, but it can be of some help to any one of you doing your projects on attrition. Can anyone forward me any of the projects on attrition for my reference? It would be of great help to me.

Keerthi

Hi Aman,

My name is Jithender, a final MBA (HR) student. I have completed a project on job hopping among employees in banking and insurance companies. I have identified the reasons why they leave the organization, i.e., the reasons for job changes. I have found some amazing insights that I have yet to finalize. The project should be completed by the 20th of this month, after which I will be able to provide my report for reference.

Regards,
Jithender

Hi, I am Hardeep, an MBA 1st-year student. I just received a project to analyze attrition and suggest retention strategies. Please help me with this.

I am doing a Ph.D. project on attrition. Kindly guide me with the calculation of attrition, how to collect and analyze data, and what limitations I will face while continuing this project.

Hi all,

I'm also a student of MBA in HR. Hey, I have read all your posts. If you people have completed your reports, projects, or internships, why not share your reports here and help other students excel and seek guidance? What do budding HR professionals say?

Regards,
Aanchal

Hi Prageetha,

I am Reeba, a student pursuing an MBA in HR. I am currently working on my final semester MBA project, focusing on the topic of "Attrition in Temporary Staffing." I understand the concept of temp staffing, but I require assistance with calculating attrition in temporary staff. I have already initiated my project and created a questionnaire on attrition, which has been filled out. However, I still need information on the following:

1) Causes of attrition
2) Possible solutions
3) Calculation of the cost of attrition
4) Case studies on employee retention
5) Management games or other exercises that aid in retention

I urgently need this help as I lack knowledge about "attrition." Your assistance would be greatly appreciated as the project submission deadline is approaching.

If you can suggest any relevant books or links, that would be wonderful! I have reached out previously for assistance on this matter, but unfortunately, I have not found the help I need. Your support in this matter would be invaluable.

Thank you very much.

Rebz

Hi Prageetha,

Can you help me in getting good information about employee attrition? I am also planning to pursue my Ph.D. in HR. Please suggest me a good institution.

Thanks and regards,
Srividhya

Hi Prageetha,

Your suggestions on attrition study prompted me to write to you. I am studying the ITES-BPO sector, and herein attrition is one of the major challenges. Can you provide some insights?

Thanks,
Regal

Hi, I am Catherine. I am an MSW student with Personnel Management as my specialization. I want to select a project topic on HR. Please guide me.

Hi everyone,

I am new to this site. I would like to ask if you can help me with the interpretation of attrition analysis data?

Thank you.

Dear Prageetha,

I am new to Cite HR and I am working on a project on ATTRITION. The leads you have provided in your reply to Aman's query are the exact data I am looking for. If you can guide me further on the following points, it will be very useful:

1. Costs involved in employee attrition
2. Organizational strategies to manage employee attrition
3. Fighting employee attrition
4. Measuring or calculating employee attrition
5. Causes of employee attrition
6. Myths and facts of employee attrition
7. Comparison of employee attrition rates in two companies or sectors.

I appreciate your help and guidance.

Regards, Anjali

Hi Prageetha,

I am an MBA student working on a project about employee attrition in corporates. I aim to cover the following points:
1. Costs involved in employee attrition
2. Organizational strategies to manage employee attrition
3. Fighting employee attrition
4. Measuring or calculating employee attrition
5. Causes of employee attrition
6. Myths and facts about employee attrition
7. Comparison of employee attrition rates in two companies or sectors.

I wish to address all these points.

Regards,
Pushpa Mehta
Email: mehtapushpa@gmail.com

Hi Prageetha,

I am working on a thesis about the causes of attrition in the BPO sector. Could you please assist me in preparing a questionnaire on this topic? Additionally, I would appreciate guidance on the overall process. Thank you in advance.

Hi Jitendra,

I am Pushpa. I am in my final year of MBA, working on a project about employee attrition. Your insights would be very valuable to me. Could you please share them with me? My email id is mehtapushpa@gmail.com.

Thanks and regards,
Pushpa Mehta

Hi Prageetha,

Can you please help me in preparing a questionnaire on attrition in self-financing colleges?

Hoping for your kind help.

Lakshmi

Hi,

I'm doing a project on Attrition Strategies. I would really appreciate it if I could get as much info as I can on the topics below:

ATTRITION STRATEGIES

1. Importance to HRM
2. Links to HR Functions
- labor relations
- Compensation
- Health & Safety
- Recruitment & Selection
- HRIS
- Etc.....

3. Ties to corporate strategy
- Does it boost morale, reduce absenteeism?
- Increase production/decrease production?
- Costs
- Output/production
- Negative and positive effects
- Corporate culture
- Attract/scare employees
- Etc.....

Please write back on the above topics and more. Direction to website resources would be great or getting help from here would be the best.

Thanks in advance, have a good day.

Regards,
Yohan De Nazareth

Hi Aman,

Contact this company in Bangalore - Acengage (www.acengage.com). They are an HR analytics company and specialize in Employee Engagement and Retention. This company conducts Exit Interviews for companies, performs various analyses, and reports their findings along with recommendations on how to contain attrition.

Hi Dr. Prageetha,

I am Santhosh, working on a project about Employee attrition and its effect on the organization. Could you please provide some ideas on calculating the attrition rate and the associated costs? I am looking forward to your timely guidance as this is my first project 😊.

Cheers,
Santhosh

Hi Dr. Preetha,

I am pursuing PgDHRM, in my final semester. I am working on a project on ATTRITION AND EXIT INTERVIEWS. Please help me with how to proceed.

Thanks,
Rima

I have been given the data of one month - the data of employees who absconded from the org. I called them up and found out the reasons. I found out that most left because the company did not offer them better career opportunities, not because of low compensation, but some had problems with the culture of the org. Should there be more than 2 parameters? The data is of 45 people. So should I be using a Z test? Now I have been asked to come up with a hypothesis and determine whether it is accepted or rejected. I have been asked to calculate the attrition, which I will do for the month. How do I make the project report? I am a bit confused about the parameters because there were varying opinions, but mostly stuck to no better career opportunities. I have not been asked to study the exit interviews because that part is already done by their HR. This is my summer internship project. Please help!

Hi all! These emails are very useful to me. I just joined this site. I'm doing a summer project on attrition analysis in a medium-sized BPO. I have prepared a questionnaire similar to an exit interview, absenteeism study to interview the resigned and absconders to find out the reason for attrition. Could any one of you help me on how I should proceed further, please? (Urgent) Please suggest how to proceed after collecting the responses to the questionnaire, like graphs, formulas, tools. I'm blank now. 😖😖😖😕

Hi,

I am doing a project on attrition in the IT sector. Could you please suggest what all I can include in it?

Nikita

Hi, I am also doing a project on attrition in the telecom sector. I have prepared a questionnaire to conduct exit interviews to find out the reasons for attrition. Could any one of you help me with how I should proceed further, please? After collecting the responses of the questionnaire. Thank you.

Hi Pearl,

Can you help me with the questionnaires on attrition? Alternatively, could you please tell me the formula for determining the level of attrition in a specific company? I hope to receive a response from you soon as this is quite urgent.

Regards,
Aranyak

Hi aranyak,

I can definitely help you with whatever I can. I'm sending you a questionnaire copy. I hope it can help you. Please let me know if it is helpful. 😉

Hello,

Please refer to the following HR Formulas:

1. Attrition Rate
Total number of people who left the organization in the period / (Headcount at the start of the period + Heads recruited during the period)

2. Manpower Turnover
Total number of people who left the organization in the period / Average headcount in the period

3. Human Capital ROI
This measures the return on capital invested in pay and benefits. The formula is:
Revenue - Nonhuman Expenses / Pay and Benefits
Pay includes all money spent on regular and contingent labor.

4. Human Capital Value Added
This uses a similar formula to Human Capital ROI but divides by the number of full-time equivalent employees (FTEs). The formula is:
Revenue - Nonhuman Expenses / Full-Time Equivalents
This yields a profit per FTE. These two measures are views of the profitability attributable to human effort.

5. Human Capital Cost
This is simply the average pay per regular employee. The formula is:
Pay + Benefits + Contingent Labor Cost / Full-Time Equivalents
It can be augmented by adding in contingent labor. In that case, we would take total labor expenses, including benefits costs, and divide by FTEs, including contingents.

6. Human Economic Value Added
This is net operating profit after tax, minus the cost of capital divided by FTEs, including contingent labor. The formula is:
Net operating profit after tax - Cost of capital / FTEs

7. Human Market Value Added
This divides market capitalization by FTEs, including contingents. The formula is:
Market Capitalization / FTEs

Thanks & Regards,
Manisha

Dear N Sundar,

To determine the category of the employees based on their position and educational background, you can utilize a two-way ANOVA instead of a Z test to assess the variance.

Regards,

N Sundar

Hello Amandeep,

Please find attached a book on Trail Discipline for employees. You can use the case studies in your project.

Regards,
Mainisha

Hi,

I am working on a project on attrition analysis in the pharmaceutical industry. Could you please assist me with what the content of the project should include? I am aiming to create a report. I am looking forward to your response.

Thank you.

Hi Prageetha,

I am working on a project on attrition analysis in the pharmaceutical industry. For the survey, I need a questionnaire and the content for this project.

I am looking forward to your reply.

Thank you.

Hi Dr. Prageeta,

I'm a student pursuing my post-graduation in HRM. I am working on a project in a KPO focusing on employee attrition. Could you please help me with ideas on how to proceed with my project? I would be extremely grateful to receive insights on the subject from an experienced individual.

Hope to hear from you.

Warm Regards,
Annette

Hi Prageetha,

I am a student of MBA HR and have to submit a thesis on the causes affecting the attrition of employees, especially in the retail sector with special reference to Pantaloon Retail India Ltd.

In any case, could you please send me research or a project on the causes affecting attrition that could be helpful for me to complete my work?

Expecting a quick reply.

Thanks,
murli.rao1@gmail.com

Hi Purvi,

I am Murli in the 4th semester of MBA. I would be conducting a management thesis on attrition, its causes, effects, and the retention policies being practiced in a big retail house. Could you please help me with the research, such as how to calculate attrition and the sources to obtain the data?

Email: murli.rao@gmail.com

Your assistance would be greatly appreciated.

Thank you.

Hi everybody,

I am a new joiner and an MBA student (Final Year). I have to submit my report on employee attrition in a case study format. Can anybody help me out on how to go about it?

Thanks,
Anu

Hi all,

There are so many reasons for attrition, but whatever we do as a project is of little use to the company. Can anyone show a real-life situation where their project is useful to the company? Anyhow, companies are concerned about attrition, but they take steps that are of little use to the employee. In most companies, the HR job ends with selection, recruitment, and then issuing salary, and sometimes training and development. There is absolutely no industrial relations in IT companies. So, all HR professionals need to look into this and make HR shine in the future.

Hi all, I'm new to this group. I'm Monathy and doing my MBA in HR. All posts are very useful. I just started my summer project in the Apparel industry, and they want me to focus on absenteeism and attrition. My task is to identify the root causes and provide suggestions. I have a doubt whether conducting research on Organizational climate will offer solutions for this project. Please let me know your suggestions as soon as possible. Thank you.