A STUDY ON EMPLOYEE RETENTION STRATEGIES PROVIDED IN OUR
ORGANIZATION ACHIEVED OUR VISION
AT
VISTONSOFT TECHNOLOGIES
BY
SIVAkANDAN . K
( Reg.No: 422322631031 )
OF
THIRUVALLUR COLLEGE OF ENGINEERING AND TECHNOLOGY
Arunachala City ,Ponnur Hills VANDAVASI -604 505
A PROJECT REPORT
Submitted to the
FACULTY OF MANAGEMENT STUDIES
In partial fulfillment of the requirements
For the award of the degree
Of
MASTER OF BUSINESS ADMINISTRATION
ANNA UNIVERSITY
CHENNAI -609 025
13th JUNE,2024
i
DECLARATION
I affirm that the project work titled “ A STUDY ON EMPLOYEE RETENTION
STRATEGIES PROVIDED IN OUR ORGANIZATION ACHIEVED OUR VISION” AT
VISTONSOFT TECHNOLOGIES ” being submitted in the partial fulfillment for the award
of degree of “ MASTER OF BUSINESS ADMINISTRATION “ is the original work carried
out by me .If has not formed the part of any other project work submitted for the award
of any degree either in this or any university.
SIVAKANDAN .K
( Reg.No: 422322631031 )
I certify that the declaration made above by the candidate is TRUE.
Mrs .P.KAVITHA MBA,
INTERNAL GUIDE
ii
BONAFIDE CERTIFICATE
This is to certify that this project training report Title is “ A STUDY ON EMPLOYEE
RETENTION STRATEGIES PROVIDED IN OUR ORGANIZATION
ACHIEVED OUR VISION” AT VISTONSOFT TECHNOLOGIES PRIVATE LIMITED”
BONAFIDE work of SIVAKANDAN. K & ( Reg.No: 422322631031 ) who carried out
the research under my supervision certified further that to the best of my knowledge the
work reported here in does not from part of any other project report or dissertation on
basis of which a degree award was conferred on earlier occasion on this or any other
Candidate.
Mr. S. SIVAKUMAR ,MBA, MPhil l, PGDCA. MISS. P.KAVITHA ,MBA,
SUPERVISOR INTERNAL GUIDE
Mr. S. SIVAKUMAR,MBA .M.Phil .PGDCA.,
HEAD OF THE DEPARTMENT
Submitted to summer project report and viva – voce Examination held on
_______________
INTERNAL EXAMINER EXTERNAL EXAMINER
iii
ACKNOWLEDGEMENT
I express my sincere gratitude to Founder Dr. S.ARUNACHALAM , B.E. Se. ( Engg).
Ph.D.,( STRUCTURE) and the principal DR. V. ARUMUGHAM M.TECH ., PH. D., Of
Tiruvallur College of Engineering And Technology, for providing all the facilities and
helps to Complete my project report successfully.
My special gratitude to the respectful chairman MR. A. GANESH KUMAR, M.E., PH.D .,
For having rendered us all the facilities and strengthening support for the success of the
project report.
I wish to place on record of my profound feelings of gratitude and heartfelt thanks to
the Head of the Department , Department of Management studies Mr.S.SIVAKUMAR
,M.B.A ., M.Phil., PGDCA ., For this invaluable guidance deep interest, kind and constant
encouragement and instinctive Co-operation in all phase dissertation.
SIVAKANDAN .K
( Reg.No: 422322631031 )
iv
ABSTRACT
Employee retention is the conscious and deliberate effort to retain quality individuals on
the company payroll. Stated otherwise, it is the proactive methods utilized by
successful organizations to stop the drain of company profits caused by excessive
employee turnover. In today’s world the power of intrinsic motivators cannot be
undervalued. Employees are constantly exploring various avenues to develop their skills
so that they can be promo table and employable in the fast changing times.
Organizations need to consider individuals learning needs and address them suitably by
creating learning opportunities for them.
The aim of this project is to have an understanding of the employee retention strategies
adopted at Vistonsoft Technologies and to study the issues related to it. The primary
objective of this project is to study the Employees retention strategies adopted in the
organization