Assistant Professor, Department of Humanities & Management, FET, Manav Rachna International University, Faridabad, India
Online published on 7 November, 2013.
The paper presents findings from data analysis of formal exit interviews conducted in IOCL from 2002 till 17th June 2008. It also aims at understanding the employee separation policy of IOCL as well as the benefits that are being extended to the separating employees. When an employee resigns from an organization, that time he/she has to fill a form which has various reason for his/her exit from the organization. This form helps in knowing the reason for which an employee is leaving. The analysis is done on the basis of the answers to the questionnaire prepared. The few important benefits covered in the questionnaire are pensions, medical bills, undue settlement, different schemes, provident fund, etc.
Benefits, employee satisfaction, exit interview, resignation, separation system