Employee Exit - To retain or let go : A case study by Dr Poornima Gupta

Employee turnover remains as an issue of grave concern for employers, and according to a study by Gallup, an employee lost implies a loss of up to twice the employee's annual salary apart from the possibility of losing out on the brand value. An organization gets in to a Catch 22 situation when a potential talent is exiting, and is unaware whether to hold him back by rewarding him or let him go.

Sunil Bansal received an e-mail that he had been selected in an MNC where he had appeared for an interview last month. Sunil would routinely appear for job interviews to remain abreast of the market. While he had not been seriously contemplating on leaving his job, this was a very good offer which made him slightly restless. It felt like it was the right time to move on and yet, he was hesitant in handling his resignation. His boss Raj, who was only slightly older to him, was also a good friend, and hence would be disappointed. Sunil began to reflect on his life and his career at DL Auto.

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