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Human Resource Management - A Case Study on Employee Turnover in Reliance Industries Limited

   

Added on  2023-04-24

22 Pages972 Words110 Views
HUMAN RESOURCE
MANAGEMENT
STUDENT NAME
DATE – 01/22/19
Human Resource Management - A Case Study on Employee Turnover in Reliance Industries Limited_1
INTRODUCTION
Human resource is most relevant aspect or asset of the
company
Managing human resource is crucial and challenging for
the companies
HRM is a strategic approach, designed for maximum
utilization of human resource of the company
Key for organizational success
Chosen organizational case for better understanding is
Human Resource Management - A Case Study on Employee Turnover in Reliance Industries Limited_2
RELIANCE INDUSTRIES LIMITED
Indian based company, headquarter
in Mumbai
Industry – conglomerate
Business petrochemicals, natural
resources, energy, textiles,
telecommunications, and retail
India’s most profitable company
CEO – Mukesh Ambani
Number of employees by 2017
(SOURCE: RIL,2019)
Human Resource Management - A Case Study on Employee Turnover in Reliance Industries Limited_3
HR ISSUE: EMPLOYEE TURNOVER
The attrition rate of reliance limited is been increasing
since many years
Retaining employee is to be considered on priority
basis as this may cause the higher expense to the
company and poor image
Lower employee satisfaction
Time consuming for the company, to repeat the
recruitment and training process
Human Resource Management - A Case Study on Employee Turnover in Reliance Industries Limited_4
HR ISSUE: EMPLOYEE TURNOVER
Employee turnover is increase in number of employees
leaving organization
The employees dissatisfaction level increases
Harmful for the company and employees as well
Needs to be control for better management and saving
Also known as churn rate, or labour turnover rate
For example -
Human Resource Management - A Case Study on Employee Turnover in Reliance Industries Limited_5
RELIANCE INDUSTRIES HIGH
PROFILE EMPLOYEES WHO LEFT
Pradeep Shrivastava Chief Marketing Officer.
Chief Cloud Architect Soren L Hansen - Assistant
Vice President Hari Charan Rao - Assistant Vice
President
Maya R Nair - Public Wi-fi Business
Head Pawan S Yadav - Public Wi-fi Business
Human Resource Management - A Case Study on Employee Turnover in Reliance Industries Limited_6

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