Volume-1 , Issue-2 , Dec 2013, ISSN 2321-905X Go Back

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  Unlocking VRS Impact: A Triangular Analysis Plan of Profitability, HR Optimization, and Employee Wellbeing

  Ravindra Yadav

  Research Paper | Journal-Paper (WAJM)

  Vol.1 , Issue.2 , pp.1-7, Dec-2013

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  Abstract
  This study presents the roadmap or plan in three vertex (Analysis Triangle) plans to investigate the effects of Voluntary Retirement Schemes (VRS) on Human Resource Management (HRM) parameters and optimization in nationalized banks, focusing on the State Bank of India (SBIN). A mixed-methods approach combines quantitative and qualitative analysis to examine the relationships between VRS and HR optimization metrics. The findings provide valuable insights for HR practitioners and policymakers. In other words, our triangular analysis framework to evaluate the impact of Voluntary Retirement Schemes (VRS) across three critical vertices: profitability, HR optimisation, and employee well-being, with a focus on nationalized banks, particularly the State Bank of India (SBI). Utilizing a mixed-methods approach, the study integrates quantitative techniques like paired sample t-tests and regression analysis with qualitative methodologies including thematic analysis and focus groups. The analysis investigates pre- and post-VRS scenarios to discern correlations and causations. The proposed plan addresses the psychological, financial, and organizational outcomes of VRS, aiming to provide a holistic view of its implications. This framework offers practical insights for HR practitioners, policymakers, and researchers to balance organizational efficiency with employee welfare effectively.

  Key-Words / Index Term
  Voluntary Retirement Schemes (VRS) , Human Resource Management (HRM) Nationalized Banks, Analysis Triangle

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  Citation
  Ravindra Yadav, "Unlocking VRS Impact: A Triangular Analysis Plan of Profitability, HR Optimization, and Employee Wellbeing," World Academics Journal of Management, Vol.1, Issue.2, pp.1-7, 2013