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    Attrition

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    Sathya Shanmugham
    Sundaram Finance is a respected non-banking financial company in India that finances commercial and passenger vehicles, construction equipment, and tractors. It has over 500 branches and half a million customers that are served by over 2,500 employees. Royal Sundaram Alliance Insurance is the first private general insurance company in India that offers various insurance products like motor, health, home, and travel insurance. The organization aims to provide a forum for members to exchange knowledge and information to benefit all parties.

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    Attrition

    Uploaded by

    Sathya Shanmugham
    89 views11 pages
    Sundaram Finance is a respected non-banking financial company in India that finances commercial and passenger vehicles, construction equipment, and tractors. It has over 500 branches and half a million customers that are served by over 2,500 employees. Royal Sundaram Alliance Insurance is the first private general insurance company in India that offers various insurance products like motor, health, home, and travel insurance. The organization aims to provide a forum for members to exchange knowledge and information to benefit all parties.

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    Sundaram Finance is a respected non-banking financial company in India that finances commercial and passenger vehicles, construction equipment, and tractors. It has over 500 branches and half a million customers that are served by over 2,500 employees. Royal Sundaram Alliance Insurance is the first private general insurance company in India that offers various insurance products like motor, health, home, and travel insurance. The organization aims to provide a forum for members to exchange knowledge and information to benefit all parties.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    89 views11 pages

    Attrition

    Uploaded by

    Sathya Shanmugham
    Sundaram Finance is a respected non-banking financial company in India that finances commercial and passenger vehicles, construction equipment, and tractors. It has over 500 branches and half a million customers that are served by over 2,500 employees. Royal Sundaram Alliance Insurance is the first private general insurance company in India that offers various insurance products like motor, health, home, and travel insurance. The organization aims to provide a forum for members to exchange knowledge and information to benefit all parties.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 11

    Sundaram Finance, a Non-Banking Finance Company, is one of the most respected financial services companies in India.

    It finances the entire range of commercial vehicles, passenger cars, construction equipment & tractors. The Group's operations also extend to Insurance, Asset Management, Home loans, Business Process outsourcing and InfoTech Solutions. Sundaram Finance has a nationwide presence with over 500 branches and over half a million customers and depositors who are serviced by over 2500 employees. Sundaram Direct, its retail distribution arm offers multiple choices of various financial products like, loans, life & general insurance, mutual funds, deposits etc., to its customers throughout India.

    Royal Sundaram Alliance Insurance Company Limited takes pride to be the first private sector general insurance company in India to be licensed since 2001,since then it have been at the forefront of providing innovative general insurance solutions to individuals, families and businesses. It offers Motor, Health, Personal Accident, Home and Travel Insurance to individual customers.

    AIMS

    AND OBJECTIVES OF THE ORGANISATION:The primary objective of the Association is to provide a forum for Members to exchange ideas, knowledge, experience and information, all of which will be of mutual benefit to the parties concerned. The above mission will link Members in a virtual qualitative benchmarking group. To further these objective Members agree to co-operate in updating information on their companys financial results, organization, operations, products and developments in technology

    SERVICES OFFERED

    CAR INSURANCE:- Royal Sundaram offers Car Shield, a comprehensive car insurance package policy designed to provide complete protection for your car. HEALTH INSURANCE:- Royal Sundaram brings you Master Product Total Health Plus which gives you larger coverage than offered by any basic health insurance. HOME INSURANCE

    TRAVEL INSURANCE:- Royal Sundarams Overseas

    Travel Insurance Plan is aptly designed to secure from the various risks you could face on trips. The plan offers cover from interruptions like baggage delay, loss of baggage, flight delays, medical expenses and loss of travel documents, under one convenient package, at an affordable price. BUSINESS INSURANCE:- It offer extensive Business Insurance Solutions like Marine Insurance, Office Insurance, Engineering Insurance, Industrial Insurance, and Insurance for Educational Institutions aimed to protect your business against loss due to theft, fire, any sudden unforeseen accidental damage.

    PRIMARY OBJECTIVE:The objective of this study is to reveal the key factors that impact attrition, so that organizations may be able to address the problem at the root level and improve retention.

    SECONDARY OBJECTIVE:-

    To provide information on trends and challenges of attrition and best practices followed by HR professionals for retaining talent. To provide HR professionals and senior management executives, sharper insights into attrition management and an understanding of the perspective(s) of fellow HR professionals from across industry segments to help develop strategies for retention.

    Attrition refers to the phenomenon of the employees leaving the company. It is usually measured with a metric called attrition rate, which simply measures the no of employees moving out of the company (voluntary resigning or laid off by the company). It is also referred as churn rate or turnover.

    Retention is the systematic effort by employers to create and foster an environment that encourages current employees to remain at the same employer having policies and practices in place that address their diverse needs

    RETENTION

    TOOLS & STRATEGIES:-

    Compensation Induction program Work culture, supervisor's management style, profile of people in the company are the other key factors that should be paid attention to achieve the goal of retention.

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