Asian Journal of Research in Social Sciences and Humanities
Year : 2017, Volume : 7, Issue : 5
First page : ( 360) Last page : ( 376)
Online ISSN : 2249-7315.
Article DOI : 10.5958/2249-7315.2017.00322.7

Impact of Annual Increment on Employee Turnover vis-à-vis Levels of Management

Dr. Thumma Chandrabai

Associate Professor, B. V. Raju Institute of Technology, Medak. mba.chandrabai@bvrit.ac.in

Online published on 12 May, 2017.

Abstract

In a competitive, complex business environment organizations should focus on employee turnover because its cost is high and severely impacts the stability of business. There are many reasons for employees leaving the organization e.g., their desire for higher studies, or getting substantial hike in monetary benefits with new employers etc. The main objective of this paper is to examine the impact of annual increment on employee turnover of selected sectors of India at different levels of management.

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Keywords

Employee turnover, levels of management, globalization, sectors, employer, organization, annual increment.

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