ISSN : 2663-2187

Employee Attrition in Automobile Dealerships: A Comprehensive Descriptive Study

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Dr. Nithya N, Dr. D.Dilip , Dr.P.K. Anjani, Vigneshwar , V. Kalyani
ยป doi: 10.33472/AFJBS.6.10.2024.1143-1163

Abstract

The purpose of this study is to identify the most influential factors of employee attrition in automobile dealerships. The study aims to understand the causes of attrition and propose suitable measures to tackle this problem. By conducting a descriptive research design and using a sample size of 285 employees from private automobile dealerships having five units, the study seeks to provide insights into the factors contributing to attrition in this industry. Methods: The study utilizes a questionnaire as the primary data collection tool. The questionnaire is distributed among the selected sample of 285 employees, representing a population size of 400. Statistical analysis techniques such as ANOVA (Analysis of Variance), multiple regression, and correlation are employed to analyze the data. Results: The findings from the ANOVA analysis reveal the relationship between attrition factors and the demographic profile of employees in automobile dealerships. The multiple regression analysis demonstrates that remuneration and engagement activities significantly influence employee satisfaction. Moreover, when considering employee attrition as the dependent variable in the regression analysis, working conditions and employee satisfaction emerge as highly influential factors. The correlation analysis indicates that remuneration and engagement activities contribute to employee satisfaction, which, in turn, affects attrition. Conclusion: it is concluded that meeting employee expectations, collecting feedback, addressing remuneration issues, and providing engaging activities are crucial for effective retention strategies. Creating favorable working conditions and fostering a positive work environment in automobile dealerships reduces attrition rates. These insights guide organizations in retaining employees and improving workforce stability.

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