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Dr. Sushmita Singh, Anjali Kabra
Parul University, Vadodara, Gujarat
Abstract
Employee retention is the process of encouraging employees to stay with the company for a maximum period of time or until a project is completed. Employee retention is beneficial to both the organization and the employee. Employees today are different. They are not the ones who do not have good odds. This paper is mainly emphasised on studying about the factors that causes employees to leave the organisation and what are the strategies we can adopted to retain the employees which is completely based on the findings that had been previously conducted by various researchers. This research mainly took in to consideration following factors: compensation, learning environment, growth and career growth and development, training and development, professional relationship at workplace and individual development. This research had reached on the conclusion that though many approaches are available for employee retention but the strategy should be adopted in such a way that the end result will be job satisfaction and to plan that strategy organisation should keep themselves updated with the changing expectation of employees.
Keywords: job satisfaction, individual development, employee retention, motivation, work life balance
Journal Name :
EPRA International Journal of Economics, Business and Management Studies (EBMS)

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Published on : 2023-01-30

Vol : 10
Issue : 1
Month : January
Year : 2023
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