Problem situation:Maersk has been seeing a rise in it usually low historical employee turnover rate and Maersk has experiencing a notable change in its corporate culture as it transitioned from a family-owned Danish shipping company into a global, public traded conglomerate. Symptoms: (1) Increased employee turnover: employee turnover is 20 %, whereas industrial average is only 11%. (2) Employees productivity is reduced significantly. Employees are not helping others and they are indulging in time wasting activity. Their Citizenship behavior is also negative. (3) HR department having problem in attracting the new talent into the company. (4) Old employees are also dont wanted to rejoin the company. Maersk group continue to gros,finding,developing, and retaining high quality talent was becoming a bigger problem.the motivation level in the employees isvery low towards work. Research objective: thepurpose of this research is to discover thelevel of the satisfaction of the employees withthe companies working conditions, their payrolls, and theircareer opportunities. (1) We will try to find out who payroll effect the overall satisfaction of employees. (2) Which performance appraisal should be more suitable seniority or meritocracy? (3) Who change in working condition can be used as an effective tool. (4) Changes in career opportunity and advancement level to attract new talent and retain the old one. (5) New ways to attract the alumni. (6) Reduce the attrition level to the industrial average level. We will also try to find out the impact of various HR practices in organization.
Research design and data collection:
Descriptive: (1) How the culture in the organization functions and its effect on employees. (2) Describe the HR policies followed by the human resource managers. Including performance appraisal, promotion, job rotation, enlargement, enrichment and skill variety as well as the autonomy and feedback on performance. (3) Trainingand other advancement programmers.
Questionnaire design. An A4 size questionnaire of 15 question is designed for the
feedback from the current employees and a separate sheet for the employees who have leave the organization. Variables: Independent variables: payoff, working conditions, this are the variable which will influence dependent variables. Dependent variables: employees turnover rate, efficiency, companies top as well as bottom line. Moderating variables: motivation of peer and supervisors as well as giving importance. Intervening variables: job satisfaction. Data Analysis: we will gather the data from the current employees as well as from alumni and try to find out the actual way to solve the above mentioned problems. This question will be analyses on empirical level and we will figure out cause and effect relationship between all the variables. The open ended question will be summarized and reported by model code. Conclusion: we will find the relationship between various variable and we will reduce the labor turnover, rehiring, and obviously overall job satisfaction level. Time requirement: this research can take 75 days to fill the questionnaire and to analyses the data and conclusion and action to be taken.
(Undefined Series For Scimag 2018-Feb) Hoffman, Mitchell - Tadelis, Steven - People Management Skills, Employee Attrition, and Manager Rewards - An Empirical Analysis (2018, National