International Journal For Multidisciplinary Research

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Quantitative Analysis of KPI of Various Industries in India for Employee Retention using Microsoft Power BI

Author(s) Navoduti Banerjee, Dhruvjoti Banerjee
Country India
Abstract Employee retention is a critical concern for organizations worldwide, and India is no exception. In a country known for its diverse workforce and rapidly evolving business landscape, understanding the factors influencing employee retention is paramount for organizational success. This Research Paper aims to provide an in-depth analysis of the key retention factors affecting employees in India across different industries. It combines theoretical frameworks, empirical research, and practical insights to offer a holistic view of this crucial issue.
Methodology: This analysis will provide a quantitative baseline for understanding the impact of KPIs on employee retention. For this, Microsoft Power BI, a data visualisation tool was used. The industries were then plotted against the Hertzberg’s Two factor Theory Model graph and categorized according to the quadrants of theory. Result: Various Macro Factors Like Personal Factors, Organizational Factors, Workplace Factors and their Micro – Factors were seen to affect the employees’ Retention for different industries. While India boasts a dynamic and diverse labour market, characterized by rapid economic growth, cultural variety, and evolving workplace expectations, it is also confronted with a pressing issue of employee retention. This research problem encompasses the complexities and nuances surrounding the retention of employees in the Indian context. It acknowledges that retention is a multifaceted issue influenced by various factors, including personal, workplace, and organizational elements. Researchers and organizations may explore specific aspects of this broad problem to develop focused research questions, hypotheses, and objectives.
Keywords Employee Retention, Data Visualisation, Microsoft Power BI, Employee attrition, Employee turnover, Research Survey, Hertzberg’s Two Factor Theory, Scatter Plot
Field Business Administration
Published In Volume 6, Issue 1, January-February 2024
Published On 2024-01-27
Cite This Quantitative Analysis of KPI of Various Industries in India for Employee Retention using Microsoft Power BI - Navoduti Banerjee, Dhruvjoti Banerjee - IJFMR Volume 6, Issue 1, January-February 2024. DOI 10.36948/ijfmr.2024.v06i01.12576
DOI https://doi.org/10.36948/ijfmr.2024.v06i01.12576
Short DOI https://doi.org/gtghm4
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