QUESTIONNAIRE
Name……….. Age……….
Tenure……… Sex………..
Post……… Contact No…………..
Instruction:
Mark ( √ ) which you prefer.
1. What according to you are the types of employee turnover? a) Functional turnover
b) Dysfunctional turnover c) Avoidable turnover d) Unavoidable turnover
2. What are the various reasons for employee turnover?
a) Management demands that one person do the jobs of two or more people b) Management doesn't allow the rank and file to make decisions about their work
c) Management constantly reorganizes, shuffles people around and changes direction constantly d) Management doesn't take the time to clarify their decisions
e) Management promotes departments to compete against each other f) Management throws a temper tantrum, points fingers and assigns blame 3. In an organization, a little rate of employee turnover may result into? a) Bringing in new ideas and skills from new hires.
b) Better employee-job matches. c) More staffing flexibility.
d) Facilitate change and innovation.
4. High rate of turnover may lead to decrease in? a) Productivity
b) Service delivery
5. What according to you are the causes of employee turnover?
a) Compensation package differences b) Job and employee skill mismatch c) Inferior facilities, tools, etc d) Less recognition
e) Less or no appreciation for work done
f) Less growth opportunities
g) Poor training
h) Poor supervision
6. What according to you are the few ideas that a smart company use to keep their employee turnover rate low.
a) Pay them well,
b) Treat each employee with respect regardless of their job, c) Offer good health care plans,
d) Offer flexible hours and generous vacation plans. e) Offer a bonus plan to safe and efficient workers f) Begin a profit sharing plan
7. How you calculate the turnover costs of the organization? a) Very High
b) High c) Low d) Very Low
8. In the case of high employee turnover what are the major direct cost include for an organization?
a) Recruitment b) Selection
9. In the case of high employee turnover what are the major indirect cost include for an organization?
a) Increased workloads
b) Increased overtime expenses for coworkers
c) Reduced productivity associated with low employee morale
10. What are the certain causes associated with turnover in any specific job or organization? a) Non-competitive compensation
b) High stress
c) Working conditions d) Monotony
e) Poor Supervision
f) Poor fit between the employee and the job g) Inadequate training
h) Poor communications i) Organization practices
11. What steps should have to be taken by the company to check employee turnover time to time?
a) Measure the cost of turnover b) Develop retention strategies c) Plan for some expected turnover d) Plan for a changing workforce culture e) Recognize quality of work life
12. What initial steps can be taken to reduce turnover? a) Hire the right people and continue to develop their careers
b) Most companies with low turnover rates are very employee oriented c) Develop an overall strategic compensation package
13. What are the various ways to reduce employee turnover? a) Challenge the Employee
b) Recognize Employee Success c) Create a Career Path
d) Offer Competitive Pay and Benefits
14. What suggestions should be given to the organization in order to avoid employee turnover?
a) Be fair and consistent in establishing compensation b) Promote from within if possible
c) Attempt to avoid bringing new people on board at a higher rate than current employees d) Policies to prevent discussion of wages simply do not work
1. What according to you are the types of employee turnover? Functional Turnover 49 Dysfunctional Turnover 31 Avoidable Turnover 69 Unavoidable Turnover 52 49 31 69 52 0 10 20 30 40 50 60 70
Functional Turnover Dysfunctional Turnover
Avoidable Turnover Unavoidable Turnover
Interpretation: According to the 100 employees of IDBI bank 49 of them say that functional turnover is one of the types of employee turn over, 31 of them suggested dysfunctional turnover, 69 of them suggested avoidable turnover and rest 52 of them suggested unavoidable turnover is one of the type of employee turn over.
2. What are the various reasons for employee turnover?
Management demands that one person do the jobs of two or more people 44
Management doesn't allow the rank and file to make decisions about their work 39
Management constantly reorganizes, shuffles people around and changes direction
constantly 33
Management doesn't take the time to clarify their decisions 57
Management promotes departments to compete against each other 29
Management throws a temper tantrum, points fingers and assigns blame 51
44 39 33 57 29 51 0 10 20 30 40 50 60 Management demands that one
person do the jobs of tw o or more people
Management doesn't allow the
rank and file to make decisions about their w ork
Management costantly reorganizes, shuffles people around and changes direction constantly Management doesn't take the time to clarify their
decisions Management promotes departments to compete against each other Management throw s a temper tantrum, points fingers and assigns blame
Interpretation: According to the 100 employees of IDBI bank 44 of them say management demands that one person do the jobs of two or more people is one of the various reasons of employee turn over, 39 of them say management doesn’t allow the rank and file to make decisions about their work is one of the various reasons of employee turn over, 33 of them say management constantly reorganizes is one of the various reasons of employee turn over, shuffle people around and change direction constantly is one of the various reasons of employee turn over, 57 of them say management doesn’t take the time to clarify their decisions is one of the various reasons of employee turn over, 29 of them say management promotes departments to compete against each other is one of the various reasons of employee turn over, and rest 51of them say management throws a temper tantrum, points fingers and assigns blame is one of the various reasons of employee turn over.
3. In an organization, a little rate of employee turnover may result into?
Bringing in new ideas and skills from new hires 37
Better employee-job matches 29
More staffing flexibility 46
Facilitate change and innovation 53
37 29 46 53 0 10 20 30 40 50 60 Bringing in new ideas and skills from new hires
Better employee-job matches More satffing flexibility Facilitate change and inovation
Interpretation: According to the 100 employees of IDBI bank from which 37 of them say a little rate of employee turnover may result into bringing in new ideas and skills from new hires, 29 of them say a little rate of employee turnover may result into a little rate of employee turnover may result into better employee job matches, 46 of them say a little rate of employee turnover may result into more staffing flexibility and rest 53 of them say a little rate of employee turnover may result into facilities change and innovation.
4. High rate of turnover may lead to decrease in?
Productivity 43
Service Delivery 51
Spread of Organizational Knowledge 57
43 51 57 0 10 20 30 40 50 60
Productivity ServiceDelivery Spread ofOrganizational Knowledge
Interpretation: According to the 100 employees of IDBI bank from which 43 of them say turnover may lead to decrease in productivity, 51 of them say turnover may lead to decrease in service delivery and rest 57 of them say turnover may lead to decrease in spread of organizational knowledge.
5. What according to you are the causes of employee turnover?
Compensation package differences 37
Job and employee skill mismatch 41
Inferior facilities, tools. etc 39
Less recognition 27
Less or no appreciation for work done 43
Less growth opportunities 51
Poor training 22 Poor Supervision 37 37 41 39 27 43 51 22 37 0 10 20 30 40 50 60 Compensation package differences Job and employee skill mismatch Inferior facilities, tools. etc
Less recognition Less or no appreciation for w ork done Less gropw th opportunities Poortraining Poor Supervision
Interpretation: According to the 100 employees of IDBI bank from which 37 of them say from Compensation package differences is one the causes of employee turnover, 41 of them say Job and employee skill mismatch is one the causes of employee turnover, 39 of them say from Inferior facilities, tools. etc is one the causes of employee turnover , 27 of them say from Less recognition is one the causes of employee turnover, 43 of them say from Less or no appreciation for work done is one the causes of employee turnover, 51 of them say from Less growth opportunities is one the causes of employee turnover, 22 of them say from Poor training is one the causes of employee turnover, and rest 37of them say from Poor Supervision is one the causes of employee turnover.
6. What according to you are the few ideas that a smart company use to keep their employee turnover rate low.
Pay them well 44
Treat each employee with respect regardless of their job 31
Offer good health care plans 39
Offer flexible hours and generous vacation plans 27
Offer a bonus plan to safe and efficient workers 59
Begin a profit sharing plan 51
44 31 39 27 59 51 0 10 20 30 40 50 60
Pay them well Trat each employee with respect regardless of their job Offer goodhealth care plans Offer flexible hours and generous vacation plans Offer a bous plan to safe and efficient workers Begin a profit sharing plan
Interpretation: According to the 100 employees of IDBI bank from which 44 of them say pay them well is one the ideas that a smart company use to keep their employee turnover rate low, 31 of them say Treat them well is one the ideas that a smart company use to keep their employee turnover rate low, 39 of them say offer good health care plans is one the ideas that a smart company use to keep their employee turnover rate low, 27of them say offer flexible hours and generous vacation plans is one the ideas that a smart company use to keep their employee turnover rate low, 59 of them say they offer a bonus plan to safe and efficient workers is one the ideas that a smart company use to keep their employee turnover rate low and rest 51 of them say begin a profit sharing plan is one the ideas that a smart company use to keep their employee turnover rate low .
7. How you calculate the turnover costs of the organization? Very High 21 High 19 Low 37 Very Low 23 Very High 21% Low 37% Very Low 23% High 19%
Very High High Low Very Low
Interpretation: According to the 100 employees of IDBI bank from which 21% of them say that turnover costs of the organization is very high, 19% of them say that the turnover costs of the organization is high, 37% of them say that the turnover costs of the organization is low and rest 23% of them say that the turnover costs of the organization is very low.
8. In the case of high employee turnover what are the major direct cost include for an organization?
Recruitment 41
Selection 37
Training of new people 22
Recruitment 41% Selection 37% Training of new people 22%
Recruitment Selection Training of new people
Interpretation: According to the 100 employees of IDBI bank from which 41% of them say that recruitment is the major direct cost for an organization, 37 of them say that selection is the major direct cost for an organization, and rest 22% of them say that training of new people is the major direct cost for an organization.
9. In the case of high employee turnover what are the major indirect cost include for an organization?
Increased Workloads 43
Increased overtime expenses for coworkers 31
Reduced productivity associated with low employee morale 26
Increased overtime expenses for cowokers 31% Increased Workloads 43% Reduced productivity
associated with low employee morale
26%
Increased Workloads
Increased overtime expenses for cowokers
Reduced productivity associated with low employee morale
Interpretation: According to the 100 employees of IDBI bank from which 40% of them suggested that in the case of high employee turnover the major indirect cost include for an organization is increased workloads, 31% of them suggested increased overtime expenses for coworkers and rest 26% of them suggested reduced productivity associated with low employee morale.
10. What are the certain causes associated with turnover in any specific job or organization?
Non- competitive compensation 33
High stress 47
Working conditions 25
Monotony 29
Poor Supervision 21
Poor fit between the employee and the job 37
Inadequate training 24 Poor communications 35 Organization Practice 22 33 47 25 29 21 37 24 35 22 0 5 10 15 20 25 30 35 40 45 50 Non- competitive compensation
High stree Working conditons Monotonyy PoorSupervision Poor fit between the employeeand thejob
Inadequate training Poor communications
Organization Practice
Interpretation: According to the 100 employees of IDBI bank from which 33 of them say non-competitive compensation is one the causes to associated with the turn over in any job/organization, 47of them say High stress is one the causes to associated with the turn over in any job/organization, 25 of them say Working conditions is one the causes to associated with the turn over in any job/organization, 29of them say Monotony is one the causes to associated with the turn over in any job/organization, 21 of them say Poor Supervision is one the causes to associated with the turn over in any job/organization, 37 of them say Poor fit between the employee and the job is one the causes to associated with the turn over in any job/organization, 24 of them say Organization Practice is one the causes to associated with the turn over in any job/organization, 35 of them say Poor communications is one the causes to associated with the turn over in any job/organization, and rest 22 of them say Inadequate training is one the causes to associated with the turn over in any job/organization.
11. What steps should have to be taken by the company to check employee turnover time to time?
Measure the cost of turnover 47
Develop retention strategies 59
Plan for some expected turnover 39
Plan for a changing workforce culture 31
Recognize quality of work life 2
47 59 39 31 2 0 10 20 30 40 50 60 Measurethe cost ofurnover Develop retention strategies
Plan for some expected turnover
Plan for a changing workforce culture
Recognize quality of work life
Interpretation: According to the 100 employees of IDBI bank from which 47 of them say measure the cost of turnover is one the steps taken by the company to check employee turnover time to time, 59 of them say develop retention strategies is one the steps taken by the company to check employee turnover time to time, 39 of them say plan for some expected turnover is one the steps taken by the company to check employee turnover time to time, 31 of them say plan for a changing workforce culture is one the steps taken by the company to check employee turnover time to time and rest 2 of them say recognize quality of work life is one the steps taken by the company to check employee turnover time to time.
12. What initial steps can be taken to reduce turnover?
Hire the right people and continue to develop their careers 57
Most companies with low turnover rates are very employee
oriented 39
Development an overall strategies compensation package 43
57 39 43 0 10 20 30 40 50 60
Hire the right people and continue to develop their careers
Most companies with low low turnover rates are very employee
oriented
Development an overall strategies compensation package
Interpretation: According to the 100 employees of IDBI bank from which 57 of them say hire the right people and continue to develop their careers is one of the initial steps taken to reduce turnover, 39 of them say most companies with low turnover rates are very employee oriented is one of the initial steps taken to reduce turnover and rest 43 of them say development an overall strategies compensation package is one of the initial steps taken to reduce turnover.
13. What are the various ways to reduce employee turnover?
Challenge the Employee 45
Recognize Employee Success 51
Create a Career Path 39
Offer Competitive pay and Benefits 55
45 51 39 55 0 10 20 30 40 50 60 Challenge the Employee Recognize Employee Success
Create a Career Path Offer Competitive pay and Benefits
Interpretation: According to the 100 employees of IDBI bank from which 45 of them suggested to challenge the employee, 51 of them suggested to recognize employee success, 39 of them suggested to create a career path, and rest 55 of them suggested to offer competitive pay and benefits.
14. What suggestions should be given to the organization in order to avoid employee turnover?
Be fair and consistent in establishing compensation 57
Promote from within if possible 43
Attempt to avoid bringing new people on board ata higher rate than
current employees 39
Policies to prevent discussion of wages simply do not work 33
57 43 39 33 0 10 20 30 40 50 60
Befair and consistent in est5ablishing compensation
Promote from within if possible
Attempt to avoid bringing new people on board ata higher rate than current
employees
Policies to prevent discussion of wages
simply do not work
Interpretation: According to the 100 employees of IDBI bank from which 57 of them suggested to be fair and consistent in establishing compensation, 43 of them suggested to promote from within possible, 39 of them suggested to avoid bringing new people on board at a higher rate than current employees, and rest 33 of them suggested policies to prevent discussion of wages simply do not work are the various suggestions given to the organization in order to avoid employee turnover.
FINDINGS
• According to the 100 employees of IDBI bank 49 of them say that functional turnover is one of the types of employee turn over, 31 of them suggested dysfunctional turnover, 69 of them suggested avoidable turnover and rest 52 of them suggested unavoidable turnover is one of the type of employee turn over.
• According to the 100 employees of IDBI bank 44 of them say management demands that
one person do the jobs of two or more people is one of the various reasons of employee turn over, 39 of them say management doesn’t allow the rank and file to make decisions about their work is one of the various reasons of employee turn over, 33 of them say management constantly reorganizes is one of the various reasons of employee turn over, shuffle people around and change direction constantly is one of the various reasons of employee turn over, 57 of them say management doesn’t take the time to clarify their decisions is one of the various reasons of employee turn over, 29 of them say management promotes departments to compete against each other is one of the various reasons of employee turn over, and rest 51of them say management throws a temper tantrum, points fingers and assigns blame is one of the various reasons of employee turn over.
• According to the 100 employees of IDBI bank from which 37 of them say a little rate of employee turnover may result into bringing in new ideas and skills from new hires, 29 of them say a little rate of employee turnover may result into a little rate of employee turnover may result into better employee job matches, 46 of them say a little rate of employee turnover may result into more staffing flexibility and rest 53 of them say a little rate of employee turnover may result into facilities change and innovation
• According to the 100 employees of IDBI bank from which 43 of them say turnover may lead to decrease in productivity, 51 of them say turnover may lead to decrease in service delivery and rest 57 of them say turnover may lead to decrease in spread of organizational knowledge.
• According to the 100 employees of IDBI bank from which 37 of them say from Compensation package differences is one the causes of employee turnover, 41 of them say Job and employee skill mismatch is one the causes of employee turnover, 39 of them say from Inferior facilities, tools. etc is one the causes of employee turnover , 27 of them say from Less recognition is one the causes of employee turnover, 43 of them say from Less or
no appreciation for work done is one the causes of employee turnover, 51 of them say from Less growth opportunities is one the causes of employee turnover, 22 of them say from Poor training is one the causes of employee turnover, and rest 37of them say from Poor Supervision is one the causes of employee turnover
• According to the 100 employees of IDBI bank from which 44 of them say pay them well is one the ideas that a smart company use to keep their employee turnover rate low, 31 of them say Treat them well is one the ideas that a smart company use to keep their employee turnover rate low, 39 of them say offer good health care plans is one the ideas that a smart company use to keep their employee turnover rate low, 27of them say offer flexible hours and generous vacation plans is one the ideas that a smart company use to keep their employee turnover rate low, 59 of them say they offer a bonus plan to safe and efficient workers is one the ideas that a smart company use to keep their employee turnover rate low and rest 51 of them say begin a profit sharing plan is one the ideas that a smart company use to keep their employee turnover rate low .
• According to the 100 employees of IDBI bank from which 21% of them say that turnover costs of the organization is very high, 19% of them say that the turnover costs of the organization is high, 37% of them say that the turnover costs of the organization is low and rest 23% of them say that the turnover costs of the organization is very low.
• According to the 100 employees of IDBI bank from which 41% of them say that recruitment is the major direct cost for an organization, 37 of them say that selection is the major direct cost for an organization, and rest 22% of them say that training of new people is the major direct cost for an organization
• According to the 100 employees of IDBI bank from which 40% of them suggested that in the case of high employee turnover the major indirect cost include for an organization is increased workloads, 31% of them suggested increased overtime expenses for coworkers and rest 26% of them suggested reduced productivity associated with low employee morale.
• According to the 100 employees of IDBI bank from which 47 of them say measure the cost of turnover is one the steps taken by the company to check employee turnover time to time, 59 of them say develop retention strategies is one the steps taken by the company to check employee turnover time to time, 39 of them say plan for some expected turnover is one the steps taken by the company to check employee turnover time to time, 31 of them say plan
for a changing workforce culture is one the steps taken by the company to check employee turnover time to time and rest 2 of them say recognize quality of work life is one the steps taken by the company to check employee turnover time to time.
• According to the 100 employees of IDBI bank from which 57 of them say hire the right people and continue to develop their careers is one of the initial steps taken to reduce turnover, 39 of them say most companies with low turnover rates are very employee oriented is one of the initial steps taken to reduce turnover and rest 43 of them say development an overall strategies compensation package is one of the initial steps taken to reduce turnover
• According to the 100 employees of IDBI bank from which 33 of them say non-competitive compensation is one the causes to associated with the turn over in any job/organization, 47of them say High stress is one the causes to associated with the turn over in any job/organization, 25 of them say Working conditions is one the causes to associated with the turn over in any job/organization, 29of them say Monotony is one the causes to associated with the turn over in any job/organization, 21 of them say Poor Supervision is one the causes to associated with the turn over in any job/organization, 37 of them say Poor fit between the employee and the job is one the causes to associated with the turn over in any job/organization, 24 of them say Organization Practice is one the causes to associated with the turn over in any job/organization, 35 of them say Poor communications is one the causes to associated with the turn over in any job/organization, and rest 22 of them say Inadequate training is one the causes to associated with the turn over in any job/organization
• According to the 100 employees of IDBI bank from which 47 of them say measure the cost of turnover is one the steps taken by the company to check employee turnover time to time, 59 of them say develop retention strategies is one the steps taken by the company to check employee turnover time to time, 39 of them say plan for some expected turnover is one the steps taken by the company to check employee turnover time to time, 31 of them say plan for a changing workforce culture is one the steps taken by the company to check employee turnover time to time and rest 2 of them say recognize quality of work life is one the steps taken by the company to check employee turnover time to time.
• According to the 100 employees of IDBI bank from which 57 of them say hire the right people and continue to develop their careers is one of the initial steps taken to reduce
turnover, 39 of them say most companies with low turnover rates are very employee oriented is one of the initial steps taken to reduce turnover and rest 43 of them say development an overall strategies compensation package is one of the initial steps taken to reduce turnover.
• According to the 100 employees of IDBI bank from which 45 of them suggested to challenge the employee, 51 of them suggested to recognize employee success, 39 of them suggested to create a career path, and rest 55 of them suggested to offer competitive pay and benefits.
• According to the 100 employees of IDBI bank from which 57 of them suggested to be fair and consistent in establishing compensation, 43 of them suggested to promote from within possible, 39 of them suggested to avoid bringing new people on board at a higher rate than current employees, and rest 33 of them suggested policies to prevent discussion of wages simply do not work are the various suggestions given to the organization in order to avoid employee turnover.
CONCLUSION
• Mostly employees of IDBI suggested avoidable turnover and unavoidable turnover is the type of employee turn over.
• Mostly employee say management doesn’t take the time to clarify their decisions; management throws a temper tantrum, point’s fingers and assigns blame management demands that one person do the jobs of two or more people are the various reasons of employee turn over.
• According to the employees of IDBI say a little rate of employee turnover may result into facilitate change and innovation and more staffing flexibility.
• Maximum turnover may lead to decrease in spread of organizational knowledge.
• Mostly employees suggested that from less growth opportunities, less or no appreciation for work done and job and employee skill mismatch are the causes of employee turnover.
• Maximum employees think of offering bonus plan to safe and efficient workers and begin a profit sharing plan are the few ideas that a smart company use to keep their employee turnover rate low.
• Maximum percentage of turnover costs of the organization is low and very low. Mostly recruitment and selection is the major direct cost for an organization.
• According to the high employee turnover they suggested that increased workload and increased overtime expenses for coworkers are the major indirect cost includes for an organization.
• Mostly high stress, poor fit between the employees and the job and poor communication are the certain causes associated with the turn over in any specific job / organization.
• Mostly recognize quality of work life and develop retention strategies have to be taken by the company to check employee turnover tome to time.
• Commonly initial step is to hire the right people and continue to develop their career and most companies with low turnover rates are very employee oriented to reduce turnover.
• Various ways to reduce employee turnover is to offer competitive pay and benefits and to recognize employee success.
• Lastly employee suggested being fair and consistent in establishing compensation and promoting from with in if possible.
