Versatility Internal Transfers (VIT) are tool for productivity and retention: An inside story (WIth special reference to selected banking organisation in Bhubaneswar, Odisha) Dr. Satpathy Ipseeta*, Dr. Patnaik B. Chandra Mohan*, Dr. Goyal Shailender** *Associate Professor, School of Management, KIIT University, Bhubaneswar, Odisha, India **Professor, Krishna Institute of Management, Meerut, Uttar Pradesh, India Online published on 11 July, 2017. Abstract Many employees cite monotony as a reason to move to another organisation, while some cite their desire to be self employed and the will to learn something new. Hence VIT concept which was frowned upon is now being looked at as a saving grace in order to retain employees and increase the productivity. In the present paper we focused banking sector and approached the employees, with an objective to understand the perception level. The sample collected from the of selected branches of State Bank of India (SBI), Punjab National Bank (PNB), Andhra Bank (AB), Indian Overseas Bank (IOB) and Oriental Bank of Commerce (OBC) in Bhubaneswar, the Temple City of India and this the state capital of Odisha. In this direction a pilot study was conducted considering 14 different attributes and considering the validity of 9 variables the study carried out accordingly. The result of the study was very positive. The findings will definitely help the other sectors to look in to the issues concerned and act accordingly. Top Keywords Versatility Internal Transfers (VIT), Perception, Employee, Productivity and Retention. Top |