Pay Practices and Employee Satisfaction: A Study of Defence PSUs in India.
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 5
Abstract
The purpose of this study is to analyse the impact of Pay practices on the Employee Attrition in Defence PSUs in India. Pay Practices are most important aspect of employee attrition in government or private organisation. Private Sector participation in the Defence Industry of India is the major reason behind this research issue of employee attrition. This entry of the private companies to Defence Sector has become a kind of a challenge for Public Sector Undertakings (PSUs) and the DPSUs are very much concerned about retaining the employees and minimising attrition. The present research focused on the pay practices and its impact on employee attrition rate and employees satisfaction. This research issue has been addressed from two perspectives of Junior / Middle Level Executives and Senior Level Executives. A comparative research on the pay practices and its association with attrition in DPSUs was conducted. Chi square analysis was performed to ascertain the association and check the hypotheses.
Authors and Affiliations
Ruchira Dobhal, Dr Akanksha Nigam
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