Employee Exit and its Effect on Private Sector Banks of Aurangabad Region

"When you play professionally, you get accustomed to turnover. Players come and go they get injured, they get transferred, they get cut from the team. Coaches are hired, and coaches are fired. It's just part of the world you live in": Tim Howard. Yestoday there has been tremendous increase in the business competition which demands for the highly skilled human resource working in the banking sector and even in the other sectors. There is remarkable increase in the exit rate of the employees. The banks are facing the problem of Employee exit from the organizations. There is difference in the working of private and nationalized banks. The other ways round Majority of the employees are facing work stress and an imbalance between family life and work life. This research project is an attempt to identify the causes of employee exit && its effect on Private Banking sector in Aurangabad region. One noticeable effect of this has been a consistent rise in the pay packages of most organizations so as to pull towards you and retain the most desirable employees. Such an inclination over the last few years has resulted in an unstable labor market, especially for industries such as marketing, advertising & finance where the skills are by and large transferable, from one work surroundings to another.