A Research on Human Capital Management Strategies in Sugar Manufacturing Plant
Vasan M1, Sumathy M2, Sridhar M3
1Dr. M. Vasan, Assistant Professor of Commerce, A.V.V.M. Sri Pushpam College (Autonomous), Poondi, Thanjavur Dt. Tamilnadu, India.
2Dr. M. Sumathy, Dean, Professor & Head, School of Commerce, Bharathiar University, Coimbatore, Tamilnadu, India.
3M. Sridhar, Senior Manager, Quality Control, FOURRTS India Laboratories, Chennai, Tamilnadu, India.
Manuscript received on November 15, 2019. | Revised Manuscript received on November 23, 2019. | Manuscript published on November 30, 2019. | PP: 2047-2050 | Volume-8 Issue-4, November 2019. | Retrieval Number: B3560078219/2019©BEIESP | DOI: 10.35940/ijrte.B3560.118419
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The prime objective of this paper is to study succession planning in cooperatives. The primary data for this study was compiled through well-structured questionnaire filled in on a one-to-one basis by the employees of a sample sugar mill. The analyzed on employees’ satisfaction with salary structure and welfare measures and benefits expected by the employees of sample sugar mill because the dissatisfaction of employees with benefits paid by the employer will affect the career longevity of the employees. The study results clearly indicated that the majority of the employees are not satisfied with the benefit provided to them.
Keywords: Talent Management, Succession Planning, Employee Retention, Salary Structure and Welfare Measures.
Scope of the Article: Manufacturing Processes.