A STUDY OF EMPLOYEE RETENTION TECHNIQUE AT CARE HOSPITAL

Synopsis
“A Study Of Employee
Retention Techniques At Care
Hospital”

TITLE OF THE PROJECT

“A Study Of Employee Retention Techniques
At Care Hospital”

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INTRODUCTION

EMPLOYEE RETENTION:

Definition: “Employee retention is a process in which the

employees are encouraged to remain in the organization
for the maximum period of time.”
Employee Retention involves taking measures to
encourage competent employee to remain in the
organization for the maximum period of time. Corporate
are facing a lot problem in employee retention these
days. Hiring knowledgeable people for the job is essential
for an employer. But retention is even more important
than hiring. There is no dearth of opportunities for a
talented person. There are many organizations which are
looking for such employees.
If a person is not satisfied by the job he is doing, he may
switch over to some other more suitable job. In today’s
environment it becomes very important for organizations
to retain their employees. The reason may be personal or
professional. These reasons should be understood by the
employer and should be taken care of. The organizations
are becoming aware of these reasons and adopting many
strategies for employee retention.
There are various HR issues the a corporate deals
1. EMPLOYEE TURNOVER
2. ATTRITION
These basic needs other than routine and future HR tasks
are to be taken care of on Priority before it becomes late.

CARE HOSPITAL:
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CARE Hospitals is one of the fastest growing chains of

corporate hospitals in India, engaged in providing primary
as well as tertiary healthcare services, with a difference. It
is a hospital chain that is founded and managed by
Medical professionals with a mission and a passion for
providing healthcare for the needy.
CARE Nagpur has been acclaimed as a hospital par-
excellence for its contribution to removing disease in the
neighborhoods of Nagpur and Central India. The
hospital is an ISO 9001:2000 certified Heart and
Multi-Specialty Hospital with 105 beds. It was
commissioned on the 19th of November 2006, has
clinched the honor of being the best provider of quality
healthcare of international standards at less than
competitive prices. It serves better through cashless
facility, they have joined hands with various TPAs,
Corporate and insurance companies.

Research Methodology
AIM OF STUDY:

To carry out the study of the employee retention

techniques adopted at CARE HOSPITAL in present
competitive environment of Healthcare Industry to help
knowing and reading of the minds of the current
generation professionals regarding their compensation,
Organizational Climate, Culture, Work atmosphere,
management support and Career growth opportunities.

OBJECTIVES OF STUDY:

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i. To understand the Human Resource Policy

ii. To study the causes of attrition, turnover and other
related issues.
iii. Hospitals are specialized sector, where demand of
employees is high and supply is low, as expectations
are very high because it’s a service sector. So it
become challenging to retain old and experienced
staff.

SCOPE OF STUDY:

• The Management will be in a position to work out the strategies in

relation to the Human Resource Management.
• It will help management use other available HR tools effectively.

HYPOTHESIS:

Null Hypothesis:
“A Retention technique is not effective”.

Alternate Hypothesis:
“Retention technique is effective.”

RATIONALE BEHIND THE STUDY:

Employees are the basis of every organization. Hiring
knowledgeable people for the job is essential for an
employer. But retention is even more important than
hiring. To study various techniques of employee retention
will be studied here.

RESEARCH DESIGN:

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The project titled “A Study of Employee Retention

Technique At Care Hospital, Nagpur” shall be the result of
Exploratory research.

DATA COLLECTION:

The data used for the project is primary as well as

secondary data, as follows:

Sources of primary data-

• Personal Interview
• Other data available in HOSPITAL records
• Observation

Sources of secondary data-

• Web sites
• SOPs
• Magazines
• Books.

SAMPLING:

Sample size for the research will be about 50 employee of

hospital.
• Sample Size = 50 Employees

• Sample Area = Moil personnel, materials, marketing

and finance department.

• Duration = one (1) Month

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DATA PRESENTATION AND ANALYSIS

• Pie Diagrams
• Graphs

LIMITATIONS
• This study is only limited to CARE and is not
applicable to other HOSPITLS.
• The method of random sampling is suitable for small
populations only.
• It does not ensure proportionate representation to all
constituent group of population.
• A simple random sample yields cases that are too
widely dispersed and this is practically not possible to
stick to the initial random sample.

CONCLUSIONS AND RECOMMENDATIONS

The conclusion drawn on the basis of data analysis shall

be presented along with the recommendations and
suggestions

APPENDIX

This will have the questionnaires, which will be design for

the collection of data and other such relevant material.

PLAN OF WORK:

Sr.No Item Duration( in days)

1. Collection of the primary 7
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data

2) Collection of the 7
secondary data

3) Typing of the manuscript 5

4) Development of analysis 5
plan

5) Drawing conclusions 3

6) Drawing suggestions 3

total 30

CHAPTER SCHEME

1) INTRODUCTION: EMPLOYEE RETENTION

This chapter deals with the introduction of the
employee retention. What is employee retention, its
scope and importance?

2) ABOUT THE COMPANY: -

This chapter will include a short introduction of the
company and its vision and mission.

3) RESEARCH METHODOLOGY:-
This chapter will contain research plan, the sampling
technique etc.

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4) DATA ANALYSIS :-
This will include the interpretation and the analysis of
the data that was collected during the study through
pie diagrams and graphs.

5) GLANCE AT THE TECHINQUES AND TOOL ADOPTED BY THE

HOSPITAL FOR EMPLOYEE RETENTION:
This will include the ways of the performance appraisal system
carried out at moil.

6) FINDINGS AND RECOMMENDATIONS, LIMITATIONS,

CONCLUSION: -
The conclusion drawn on the basis of data analysis
shall be presented along with the recommendations
and suggestions and limitations.

• APPENDIX
This will have the questionnaires, which will be design
for the collection of data and other such relevant
material.
• BIBLIOGRAPHY: - The sources of secondary data collection will be:-
1) Books
2) company manual
3) websites
4) SOPS

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ANURADHA JAIN Pro.MUKTAI CHAVAN DEB

B.COM, DPR. M.A, MBA (HR)
(RESEARCHER) (SUPERVISIOR)

DR.M.A.BURGHATE
B.E, MBA, SET, Ph.D.
(CO-ORDINATOR)

NAGPUR
DATE :

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