Project Report On “Employee Turnover in Bangladesh: A Factor Analysis on Nahee Group”.

Abstract

The purpose of the study to find out the real reason why employee leave the organization. In this competitive business world employee turnover is very costly it is highly consider to manage employee Turnover. In this study I tried to find out why people leave the organization. People leave the organization: The companies leadership A bad supervisor Unfair compensation Conflict exist with immediate supervisor Unfavorable change in responsibility People wants diversity in everyday life People seeks challenge People wants good working environment People wants job security Getting angry with somethings and quit on impulse People become disappointed over the organization Problem of work life balance Close friend leave the organization.

The study investigated the employee turnover inside the organization of Bangladesh. The present business world it is considered as a basic task to supervise specialist turnover in an organization. The most important purpose of the study to identify the core reasons and specific factors and give a feedback to reduce employee turnover in an organization. In this study I have suggested various possible way to reduce the employee turnover.

Turnover is sometimes voluntary and sometimes in voluntary, sometimes functional sometimes dysfunctional, sometimes avoidable, sometimes unavoidable. A Thorough understanding need to develop in the light of causes, effect and strategies to minimize employee turnover.