Publication Type:

Journal Article

Source:

International Journal of Management and Business Studies, Volume 19, Number 2, p.77-84 (2014)

URL:

https://www.researchgate.net/publication/315517451_Success_of_Employee_Retention_Practices_Adhered_by_the_Parcel_Service_Sector_with_Special_Reference_to_Tamil_Nadu

Keywords:

Parcel Service Sector, Retention Practices, Success of Employee

Abstract:

Roads continue to constitute the most significant c omponent of India’s Logistics Industry, accounting for 60 percent of total freigh t movement in the country. A majority of players in this industry have been small entreprene urs running family owned businesses. This study aims to analyse the success rate of Empl oyee Retention Practices adhered by the Parcel Service Sector (Parcel Services) in Tamil Na du. The study applied Judgmental & Convenience Sampling Techniques for selection of th e sample. The researchers have adopted judgmental sampling technique for defining the entire population of Surface Transport Operators (parcel service operators) in T amil Nadu. The elaborate survey result reveals the fact that only 44.30 respondents’ have express intention to stay back in their current job for a long tenure. Whereas, 55.70 per c ent of the sample respondents’ have opined that they expect search for new job in the f uture. Thus, it could be concluded that most of the employees’ working in Parcel Service Fi rms do not prefer to shift from their current job to other job in want of good salary pa ckage, but, they are passionate to take up more challenging job, want for Career Advancemen t, Expectation for work-life balances and liking for stress free work environmen t forces them to search for new or alternative job. The Parcel Service Providers in pa rticular and Logistics Service Providers in large must take these issues very serious and shoul d provide a real-time work experiments to their employee and opportunities to express indi vidual ability, so that they can feel pride and motivated to work in an organisation for long t enure.

Cite this Research Publication

Sumathi N and S., P., “Success of Employee Retention Practices Adhered by the Parcel Service Sector with Special Reference to Tamil Nadu”, International Journal of Management and Business Studies, vol. 19, pp. 77-84, 2014.

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