IN JAYAKUMAR INDUSTRIES

Kumar Industries is an ISO 9001 2008 certified company established in the year 1988 by a technocrat Mr. Jayakumar, who is having more than 3 decades of experience in Auto component production. The present customer range includes Brakes India and Lucas TVS, Padi, Chennai. We are specialist in Manufacturing Precision Machined Components for Automobile and other Engineering applications. Our range includesPrecision Auto Components like Inputrods, Plungers, Ratio Discs, Outputrods, Adaptors, BanjoBolts, Sliding Pins andCaliper Pins manufactured using Automats and CNC machines. The company is having good Quality Management System and is certified for TS 16949, a well know QMS standard for Automotive Parts manufacture. The company believes and implements Quality System to the root-level, involving and training all employees, concentrating more on preventive actions and making continued efforts for continual improvements.The company aims towards complete Customer Satisfaction. It is achieved by supplying components to the required quality at the right time.The company also inducts younger generation to infuse modern thinking in day to day operations. An young CEO, an Engineer by Qualification, has joined the company to take it new heights. KI comprises of an excellent team to perform all operations

Kumar Industries has specialized in manufacture of various varieties of precisionmachined parts for tractor and automobile brake equipment, which are safety critical and other industrial application. The present range of customers includes both ISO, TS 16949 certified customers and Deming award automobile ancillary unit. We are one of the supplier of Brakes India Ltd. and M/s. Lucas - TVS Ltd. The facility allows Kumar Industries the opportunity to open up into new markets and to achieve enhanced service and Quality level to accommodate increased customer demands. In the journey towards global standards of quality it reached a major milestone in 1993 when it got the ISO 9002 certification. The more comprehensive ISO 9001 certification came in 1996, QS 9000 in 1998 and ISO 14001 certification for all vehicle manufacturing units in 2002. It has received the latest ISO/TS 16949 Corporate Certification (in July 2010) which is specific to the auto industry.

PRODUCT PROFILE

CNC Machines Second Operation Lathe Auto Lathe Center Lathe Drilling Machine Bench Grinder Air Compressor

ACHIEVEMENTS:
Awarded as BEST QUALITY IMPROVEMENT for the year 2010. Got MANUFACTURING EXCELLENCE award for the year 2012.

PRIMARY OBJECTIVES:

To study the effectives of employee retention strategy in KUMAR INDUSTRIES

SECONDARY OBJECTIVES:

To analyse how the retention of knowledge and skills of employees permits the long term success of the organisation. To improve commitment and enhance workforce support for key corporate initiatives. To analyse how it helps an organisation in reducing turnover cost. To understand the technique helps to maintain a diverse workforce in the organisation. To suggest an organisation to improve employee retention.

An effort by a business to maintain a working environment which supports current staff in remaining with the company. Many employee retention policies are aimed at addressing the various needs of employees to enhance their job satisfaction and reduce the substantial costs involved in hiring and training new staff

It is an various policies and practices which let the employees Stick to an organization for a longer period of time.

This study helps an organisation to gain additional knowledge about various retention techniques. This study points out the opinion of the employees in terms of their satisfaction with the current retention strategy practices. The study is essential for the organisation it would assist them in effective decision making. This study assists the organisation in providing recommendations and suggestions on the improvement of employee retention.

The employee working for a longer period of time are more familiar with the companies Policies , guidelines and thus they adjust better. An organization invests time and money in grooming an individual and make him ready to work and understand the corporate culture.

It been observed that individuals sticking to an organization for a longer span more loyal towards the management and the organization.