A study on employee attrition with reference to Lanson Toyota, Chennai

The present study is bound to assess the causes of attrition and to find the expectation of employees to retain them in the organization. The primary data is collected through the structured questionnaire from 100 stakeholders, through stratified random sampling. It includes various levels of employees in the automobile industry. Chi-square, Anova, comparision and correlation are used for the analysis. The result shows that employees with experience are not promoted due to which they are dissatisfied. Employees receiving low income, no promotion or no career growth ,developing stress may look for better opportunities. Employees except job security to retain themselves in the organization. Due to lack of growth opportunities they prefer to change job. So, the organization has to provide atleast required benefits and rewards to employees to make them retain and explore their career.