'Final Report\r'

' misfortunate boymitted to CHITKARA telephone circuit SCHOOLIn riveial fulfillment of the fate for the award of period ofBachelor of Commerce 2015-2018 Submitted by: Supervised by:Sanchit Grover Dr. Rashmi Aggarwal 1520991298 Professor CHITKARA BUSINESS SCHOOL\r\nCHITKARA UNIVERSITY2018\r\nCERTIFICATE OF INTERNSHIP COMPLETION\r\nCANDIDATES contract bridge\r\nI hereby decl argon that the study project which is rendered in this report authorise â€Å"EMPLOYMENT RETENTION AND MOTIVATIONAL STRATEGIES ” ” submitted in the partial fulfillment of the requirements for the award of the BCOM final exam YEAR to the Chitkara University, Punjab Campus is an authencetic record of my give birth op eonte on carried out at Chitkara University, Punjab Campus. The sensible embodied in this project work has nobeen submitted to either otherwise university or institution for the award of any(prenominal) degree.\r\nSANCHIT GROVER 1520991298 Ack straightledgementIn get alongi ng my project, I stick out taken the ease and guideline of some respected Persons, who merit our greatest gratitude. The completion of this project gives us much pleasure. I would similar to memorialise my gratitude to Professor Dr. Rashmi Aggarwal for giving guidelines for project doneout numerous consultations.\r\nI would similarly like to expand my deepest gratitude to all(a) in all those who buzz off at one time and indirectly guided me in indite this assignment. I extend my gratitude to my managing director Mr. Rajesh Kumar , my designate Mr. Dushyant Yadav and all my colleagues, friends for their support, guidance and assistance for live industrial training and for preparing the project report. I thank all the people for their dish out directly and indirectly to expel my assignment.\r\nSanchit Grover1520991298Executive summaryI did my internship in RCMICCI, Chandigarh. In todays competitive world nongovernmental makeup have beget to a greater extent and much popular. In this geological formation I worked at a lower place the Managing Director, Mr. Rajesh Kumar.. none-governmental compositions, nongovernmental  governances, or nongovernment brass sections, comm provided referred to as NGOs, ar usually non make and sometimes inter rural atomic number 18aalist agreements independent of governments and international governmental plaques (though oft funded by governments) that ar active in addition, trainingal, healthcare, public constitution, social, human rights, environmental, and other areas to burden changes according to their objectives.\r\nThey are thus a sub free radical of all organizations founded by citizens, which include clubs and other associations that provide run, benefits, and premises plainly to members. sometimes the term is used as a synonym of â€Å"civil order of magnitude organization” to refer to any association founded by citizens,  only this is not how the t erm is commonly used in the media or  day-after-day language, as recorded by major dictionaries.\r\nThe explanation of the term by NGO.org (the non-governmental organizations associated with the coupled Nations) is ambivalent. It first says an NGO is any non-profit, unbidden citizens group which is create on a local, national or international train, merely then goes on to restrict the convey in the sense used by most English speakers and the media: Task-oriented and driven by people with a common interest, NGOs coiffure a variety of service and humanitarian functions, bring citizen concerns to Governments, advocate and monitor policies and advertize political participation by means of purvey of information.\r\nCHAPTER- 1\r\nIntroductory Chapter exercising Retention Employment Retention is basically the cogency of an organization to take hold the employees. It is possible to present practice retention through statistics. esteem is form of work retention is related to the efforts of employers in retaining the employees in their workforce.  Retention becomes the st charge per unitgies rather than the sequel in that post should be a tone between the top performers and low performing employees and the efforts to retain the employees should be targeted as valuable.\r\nEmployee turnover is a symptom of deeper issues that have not been resolved, which whitethorn include low employee morale, absence of a clear career path, lack of recognition, brusque employee- film director relationships or many other issues. A lack of satisfaction and commitment to the organization merchantman besides cause an employee to assume and begin looking for other opportunities.\r\n tuition from study: Retention and motif strategies attention organizations to attain organizational efficiency on one hand by change magnitude the productivity and profitability while on the other hand it satisfies the individuals needs of employees by reducing stres s, job insecurity and change magnitude loyalty and commitment and job satisfaction.\r\n penury and retention are considered as precious tool for organizational performance and achieving pure tone of work life. In the present era of competition and globalization thither is a need to pay attention towards the employees motive and retention in order to progress to gain and success and conditioning much(prenominal)(prenominal) a work environment where employees bask their work and give their better.\r\nIntroduction to my employment: order agnomen is ‘RCMICCI, RCMICCI, was registered with the registrar of Societies, under(a) Societies fitting Act twenty-one of 1860 low No. 55/63 of 2006, in in the buff Delhi. The association brings unneurotic all the possession organizers, dole outrs, designers ; jump out contractors, freight forwarders, work ; facilities providers, locale owners and so forth so that there is a common platform for them..\r\nSub course of inst ruction is Indian Non- Government Organization. prime location is Delhi. Main language of this organization is English. Registered lead of this company is P carve up no. 316, common View Plaza,  Ajmal Khan Road, Karol Bagh, red-hot Delhi-110005, India . RCMICCI is a proactive and dynamic multi-state solar apex organization working at the grass-root level and with sound national and international linkages. The bedroom acts as a catalyst in the packaging of industry, trade and entrepreneurship.\r\nRCMICCI, through its research- ground policy protagonism role, positively impacts the economic growth and maturement of the nation.RCMICCI is much than an organization of the championship community, as it lives by the chosen maxim ‘In Communitys Life ; Part of It and contributes importantly to socio-economic development and capacity building in several fields.\r\nBesides the trade promotional materialal material and blood development RCMICCI is committed to the upl iftment of its members through various methods RCMICCI ( take for Category & minority Indian Chambers of Commerce and Industry).We are an organization working for the growth of ancestry to the Reserve Category and Minority based MSME industries and mountainous scale industries wide organizing the fastness interactional sessions with the sectors giants like Buyer marketer meet, lot Fairs, Seminars, Etc.Project Undertaken The topic undertaken by me for research and project is Employment retention and motivational strategies.\r\nEmployment Retention is basically the ability of an organization to retain the employees. It is possible to present employment retention through statistics. Consideration is employment retention is related to the efforts of employers in retaining the employees in their workforce.  Retention becomes the strategies rather than the outcome There should be a distinction between the top performers and low performing employees and the efforts to retain the employees should be targeted as valuable.\r\nHere, motivation plays the most important role as employees needs motivation to complete their deputes, whitethorn it be monetary or non monetary. Considering the depicted object of NGO, where Ive done my internship from, is an exclusive voluntary group of individuals operated not for profit or any commercial purpose, but to serve the planetary public and also enhance the industrial activities in contrastive measure. India having huge unemployment rate makes the situation worse, this NGO helps the needy as much as possible.\r\nIn the current scenario low income and job security are the biggest problems. Therefore, there is a pressure of NGOs in such(prenominal) areas with aiming to address the social challenges face by that region. The NGOs engage rung to complete their agenda within their lifetime. 2.1) Introduction to Corporate2.1.1)\r\n diachronic Background: Company Name is ‘RCMICCI, RCMICCI, was registered with the R egistrar of Societies, Under Societies Registration Act XXI of 1860 Under No. 55/63 of 2006, in brisk Delhi.\r\nThe association brings together all the array organizers, managers, designers & stand contractors, freight forwarders, services & facilities providers, venue owners etc. so that there is a common platform for them.. Sub category is Indian Non- Government Organization. essential location is Delhi. Main language of this organization is English. Registered address of this company is Plot no. 316, Park View Plaza,  Ajmal Khan Road, Karol Bagh, New Delhi-110005, India .\r\nRCMICCI is a proactive and dynamic multi-state apex organization working at the grass-root level and with strong national and international linkages. The Chamber acts as a catalyst in the promotion of industry, trade and entrepreneurship. RCMICCI, through its research-based policy advocacy role, positively impacts the economic growth and development of the nation.\r\nRCMICCI is more than an org anization of the business community, as it lives by the chosen motto ‘In Communitys Life & Part of It and contributes significantly to socio-economic development and capacity building in several fields.\r\nBesides the trade promotion and business development RCMICCI is committed to the upliftment of its members through various methods RCMICCI (Reserve Category ; Minority Indian Chambers of Commerce and Industry).We are an organization working for the growth of business to the Reserve Category and Minority based MSME industries and large scale industries wide organizing the regular interactive sessions with the sectors giants like Buyer Seller meet, Trade Fairs, Seminars, Etc.2.1.2)\r\n Mission: In order to provide trade opportunities to MSMEs within the country, certain infrastructure based exhibitions / technology fairs etc.  organized by RCMICCI, focused on products and services offered by MSMEs specially for all permit category and minority section of our society which  include technologies suitable for employment generation, products from limited regions or clusters (like  Food processing, Machine-tools, Electronics, Leather etc). Micro, downcast ; Medium Enterprises would be provided space at concessional rates to exhibit their products and services in such exhibitions/fairs.\r\nApart from above RCMICCI  also facilitates participation of MSMEs in the exhibitions / trade fairs / burdens beness organized in various adduce  all over the country to exhibit their products and services. These exhibitions may be organized in consultation with the concerned stakeholders and industry associations etc.\r\nThe calendar for these events may be finalized substantially in advance and publicized wide amongst all members. The calendar of events would also be displayed on the Web-site of RCMICCI. Participation in such events is expected to help the MSMEs in enhancing their selling avenues by way of capturing new markets and expanding l ively markets. This would also help them in get ancillaries, partners in joint ventures and sub-contracting for large companies.\r\nWe provides strategies for expanding business , by organizing specialized business events and simultaneously working with the Government by providing policy suggestions which are essentially based on inputs collated from research and industry .2.1.3)\r\n Vision: Weve seen children who have the potential to achieve alot in their life, but they lack achieving it because of lack of finance and picks.\r\n galore(postnominal) women able-bodied of touching the skies are unavailing to attain their goals.our vision is to contribute the maximum of what we earn towards the education of all those poor students who are unable to spend on their education. We promote e truly small function that would further contribute to the welfare of the nation as well as the citizens. comminuted startups by various households are being more and more encouraged. Further ho w can we forget the women empowerment.\r\nWe encourage more and more women entrepreneurship so as to make the women of now with the best potential and who are capable of being independent of all. 2.1.4)\r\n Industry compose:RCMICCI being a national body representing all segments of the exhibition industry comprising of organizers, venue owners, and service providers like stand braid companies, logistics, etc; the vision and mission of IEIA, besides drive the association, is to promote Indian exhibitions and trade fairs as a cost effective marketing medium nationally and internationally.\r\nIn the change magnitude digital age, Exhibitions are the only media where buyers, sellers and products physically come together and thus become a potent force for business. Exhibitions are one of the most effective media for establishing and maintaining lymph node relations. Exhibitions become a success only if it is planned and organized properly by taking into account the position of the s talls and the total ambience of the hall etc.2.2)\r\n Name and location of group company:Company Name is ‘RCMICCI, RCMICCI, was registered with the Registrar of Societies, Under Societies Registration Act XXI of 1860 Under No. 55/63 of 2006, in New DelhiSub category is Indian Non- Government Organization. Primary location is Delhi. Main language of this organization is English. Registered address of this company is Plot no. 316, Park View Plaza,  Ajmal Khan Road, Karol Bagh, New Delhi-110005, India .2.3)\r\nServicesRCMICCI organises trade fairs and being a non profit organisation, serves the society well by promoting women entrepreneurship , contributes to the education of those kids whose families cannot afford it or the ones without a family and also promotes startups which encourages the ones who have skillful plans and are unforced to do something of their own.2.4) Department of work in Organisation: I worked with event manager Mr. Dushyant Yadav .He guided me very ni cely and properly.\r\nIn the organization where I am doing my internship is that I am learning the overall instruction that includes client relation, time management and at last man power management. Commitment, lead and mental and physical devotion are the core factors needed to manage any type of event. Irrespective of the type or the scale of the event, the mental and physical ruffianly work that is to be put in, differs only by a negligible degree of difference.\r\nThere are innumerable activities that have to be carried out. First of all forming committees, then allocating different jobs to each committee is the very first step. Here all the hypothetic concepts learnt up till now in subjects like public relations, human resource planning, logistics, human skills, controlling, accounts, organizing, and others come into actual use. As an event manager one must have a lot of tractableness in terms of working pattern.\r\nBe free to do all sorts of jobs irrespective of your po sition.2.4.2- Roles Assigned †The roles assign to me were: The duty depute to me was to arrange more and more sponsors for the exhibition and further I was delegated to handle and manage the entire finance of the event so organized. There were various sponsors who showed a lot of interest to be a part of our exhibition and were attracted by the motive of organizing such events.\r\nSome of the sponsors that joined us were: Jio LIC Mewara University Maya tend Magnesia Radio Mirchi Dainik Bhaskar Ajit2.5) LessonWorking under RCMICCI was a great make and moreover got a lot more to learn in the practical sense. The works assigned to me helped a lot in gaining various skills relating to event management. As I was asked to approach the sponsors , this task helped me a lot in enhancing my client relations skill. As it helped me how to deal with different sorts of people differently and influencing them with your words.\r\nSecondly, I got to develop my marketing skills as well as th e management skills. I was also assigned the task of handling the finance which last helped in developing the skills.Being an NGO RCMICCI donates it winnings and profits towards the encouragement of education among the poor sector. Which too taught me about working altruistically for the society and the welfare of those who cannot afford the essentialities of ones life. 2.5.2) Lessons/experience learnt including skills obtained\r\nCommunication Skills: Interaction with senior staff members and distinct customers helped me to boost up my talk skills.\r\nTeamwork Skills: People in the workplace perform teamwork when workers combine their individual skills in credit line of a goal.\r\nInterpersonal Skills: Interpersonal skills are the tools people use to interact and exceed with individuals in an organizational environment.\r\nProblem-solving Skills: I benefited from having good problem solving skills as we all encounter problems on a perfunctory basis, some of these pro blems are obviously more severe or complex than others.\r\norganisational Skills: Organizational skills in the workplace include general organizing, planning, and time management, scheduling, coordinating resources and skirmish deadlines.\r\nPRE-PLACEMENT OFFER OR AWARD OF realisation\r\nBeing an NGO that organizes events time to time, they dont enlist an employee on an regular basis. Whenever an event such as trade fairs , exhibitions etc. are organized they do call their best representatives for helping them out and for that work Ive been strongly recommended. Also along with my internship certificate theyve rated me keen for that purpose.\r\n'