By
Prof.Dr.C Sevithaya
Principal, HKBK Degree College.
Shazia Anjum
HOD Department of Commerce & Management
HKBK Degree College
Abstract
Separate HR Department
34; 75.56%
3. Chart showing the HR accounting methods
adopted by the organization
30 29
20; 44.44%
5. Chart Showing recruitment in an organization
Recruitment
Orientation/Induction Training
40
38
35 From the above chart it can be
30 analyzed that 38% of the organization
25 provides Orientation/Induction
20 training to their employees.
15
7
10
5
0
Yes No
Orientation/Induction Training
7. Chart Showing Cost of Orientation / Induction Training
25; 82.78%
8. Chart Showing the Sources of Recruitment
Sources of Recuritment
30
25
25
From the above chart, It is clear that
20
15
Employee reference is the commonly
15
10 10 10
used source for the recruitment i.e.
10
25%, followed by Advertisement &
5
Consultancy at 10% each. Some of the
0
t y t s
organization uses all the three
ce en nc en ce
rn
Re
f e
tis
em ul ta
tis
em so
ur
sources i.e. 15%.
r ons r ee
ee ve C ve hr
oy Ad Ad T
pl & Al
l
Em ce
ren
fe
Re
e
o ye
pl
Em
9. Chart Showing the Cost incurred by each of source of recruitment.
Cost incurred
25
0
0 - 2 Lakhs 2 - 4 Lakhs 4-6 lakhs Aove 6 Lakhs
10. Chart showing Retrenchment Policy
Yes
No
11.Chart showing Impact of Retrenchment Policy on Employees Performance
35; 77.78%
Findings
About 35% of the respondents reported that their Organization has separate HR
Department & 34% of them reported that their Organization allocates separate
budget for the HR Department.
The Study revealed that Employee Reference is the most commonly used source of
recruitment.
The Study also revealed that the labour Turnover rate lies between 10% to 20% i.e.
20% labour turnover takes place a year.
It was also found out that Replacement cost method is the commonly used HR
accounting method by the organization.
The study also revealed that 38% of the respondents gets induction training from
the organization.
It was also found out that 32% of the Organization has retrenchment Policy .
It was also revealed that 35% of the respondents are of the opinion that
retrenchment policy has not affected the employees performance.
Suggestions