78880578 problem of worker turnover

7/31/2019 78880578 Problem of Worker Turnover

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H R R E L A T E D P R O B L E M

A Presentation on


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Participants

Altaf Hussain 10364078

Md. Nazmul Haque 10364041

Mst. Jannatul Ferdous 10364066

Tanjina Khan Rima 10364085 Humayun Kabir Prodhan 10364033


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Yarn Manufacturing a process flow

CombingDrawing

Roving Ring Spinning Winding

DrawingBlow Room Carding

ConeCops

Lap

Bale Sliver

Carded

Combed

Sliver

Roving

bobbin


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Company Overview

Incorporated in Bangladesh as a Public LimitedCompany in 1994.

Cotton and Polyester blended yarn-spinning mill,

with 50,000 spindles. Capacity of producing 90000 lbs yarn per day

Approximately 1500 employees in total


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Objective of Presentation

To Define an HR related problem.

In our case it is WORKER TURNOVER.

To find out the reasons of turnover.

Recommendations on the basis of findings.


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Worker Turnover a graphical view

Total No.

Employess

Employees

Left Turnover

2008-2009 1059 119 11.24 %

2009-2010 1135 138 12.16 %

2010-2011 1351 166 12.29 %


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Reasons for High Turnover

Working conditions

Comparatively Low wages

Garments industry in same boundary

Provident fund and gratuity Lack of employee counseling


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Problems a quick look

WORKING CONDITIONS

Higher temperature and humidity

More of Physical hard work

Comparatively tough work then other textiledepartments


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Comparatively Low Wages

Wages are relatively low

Competitive industry have higher wages

Less over time opportunities

Minimum wage is lower than other industries


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Garments industry in same boundary

Garment industry in same boundary

Workers get influenced by those

Higher financial benefits in garments gets their

attention Better work environment in garments


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PF and Gratuity

Old workers are interested in en cashing Providentfunds and gratuity

Workers want to start their business with that money


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Lack of employee Counseling

Employee counseling is very rare

Workers are not well aware of their rights

Financial benefits are not made clear to them

Rarely a motivation technique is used


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Effects of High Turn over

Production level decreases

Budgeted production per day is 45000 lbs a day

Where as high turnover reduces it by 4000 lbs a day

In terms of financials it costs approximately 3000USD per day

Quality of product deteriorates which results in extra1 -2 % rejection

Takes extra time and money to get trained newworkers


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Recomendations

To improve Working conditions,

Chillers may be installed in factory to bring thetemperature down

Short break times may be introduced during summerseason


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Comparatively Low Wages

Wages may be brought close to the competingindustries

Minimum wage may be brought at the same level

Some overtime opportunities may then be given tothe workers

Increasing the wage by 1500 tk per month will resultin additional cost of tk approx 2.5 million per month

Where as in terms of quality and production it thereis a loss of approximately 70 million tk

Figures shows this may increase profit by 4.5 milliontk.


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Interaction with garment workers

A central policy to be made to avoid one factoryworker to get recruited in another factory of thegroup

Financial benefits may be improved


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Employee counseling and Motivation

Employee counseling has to be improved

Frequent interaction with employees should bemaintained

Workers should be made well aware of their rights aswell as financial benefits

Motivation techniques should be implemented toretain them


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Listen to their problems and help them overcoming

Provide incentives and bonuses on achieving targets

At the time of appraisal good performers should get

better returns


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QUESTIONSPLEASE

THANK YOU

78880578 problem of worker turnover

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