Abstract

The metal manufacturing sector is the industry where either ferrous or nonferrous metal is produced in high quantum to cater to an expanding market. These industries are typically located in remote areas, far from cities to minimize the effects of pollution in nearby living areas. With the support of the ‘Make in India' drive, India is on the way to becoming the hub for hi-tech manufacturing sectors, attracting global companies to set up manufacturing plants in India and consequently boosting the demand for talented workforce in the manufacturing sector. Due to the limited availability of talents, retaining talented employees have become increasingly challenging across all sectors. It has always been a challenge to retain talents in the manufacturing sector, particularly in metal manufacturing. Varieties of options are available for the talents in the present competitive market, e.g. e-commerce, software, financial sectors, etc. This study explores the gaps to retain talents in the metal sector. Case studies of three remotely-located metal manufacturing companies in India were selected and analyzed. Through a series of personal interviews, it is determined that the location of the company, compensation packages along with their township amenities are the most common factors in retaining talents.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.