Attrition

“PEOPLE” is the most important and valuable resource every organization has in the form of its employees. Dynamic people can make dynamic organizations. Effective employees can contribute to the effectiveness of the organization Competent and motivated people can make things happen and enable an organization to achieve its goals.
Organizations have now started realizing that the systematic attention to human resources is the only way to increase organizational efficiency in terms productivity, quality, profits and better customer orientation.
HR can help deliver organizational excellence by focusing on learning, quality, teamwork, and through various employee friendly strategies.
Today with a lot of MNC’s coming in India, the amount of competition has increased to such an extent that organizations have further aggrieved their stress on proper man management. Along with being competitive, the MNC’s have brought in a systematic approach to HR with the help of technology utilization.
My project has been accomplished in one of such MNC’s – CLARIANT CHEMICALS (better known as CCIL). This is one of the best companies in manufacturing of speciality chemicals headquartered in Muttenz near Basel - Switzerland
This project has been accomplished in two parts:
 The first priority was to understand the working of an HR department and hence the first part of the project report is about the HR Processes, Policies and Systems at CLARIANT CHEMICALS INDIA LTD. (CCIL). The various processes like recruitment & selection, induction, training & development, compensation & benefit etc. are explained as understood by me.
 The second half of the project report is focused on analyzing the trends in attrition at CCIL. The report consists of a healthy mixture of qualitative as well as quantitative analysis of attrition at CCIL. After understanding which, measures for retaining the employees have been suggested.