2013Zenith international journal of business economics and management researchRequires access

The conceptual strategies of employee retention

N. Suneetha

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Abstract

Employee retention is the foremost problem; which all organizations are now facing in the global competitive environment. In this conceptual paper, have attempted to bring out some employee retention approaches, which have developed over a period of time, in the industrial and Internet era. Retention strategies for knowledge workforce, for achieving competitive advantage are also highlighted. In the concluding part, some critical guidelines for developing a retention strategy by an organization are mentioned. In this paper, the under noted aspects relating to employee retention are discussed:Concept of employee retention.Is employee retention manageable?Growth of strategies for employee retention in different periods.Developing retention strategy in an organization.

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What this paper is about

Employee retention is the foremost problem; which all organizations are now facing in the global competitive environment. In this conceptual paper, have attempted to bring out some employee retention approaches, which have developed over a period of time, in the industrial and Internet era. Retention strategies for knowledge workforce, for achieving competitive advantage are also highlighted. In the concluding part, some critical guidelines for developing a retention strategy by an organization are mentioned. In this paper, the under noted aspects relating to employee retention are discussed:Concept of employee retention.Is employee retention manageable?Growth of strategies for employee retention in different periods.Developing retention strategy in an organization.

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Available abstract

Employee retention is the foremost problem; which all organizations are now facing in the global competitive environment. In this conceptual paper, have attempted to bring out some employee retention approaches, which have developed over a period of time, in the industrial and Internet era. Retention strategies for knowledge workforce, for achieving competitive advantage are also highlighted. In the concluding part, some critical guidelines for developing a retention strategy by an organization are mentioned. In this paper, the under noted aspects relating to employee retention are discussed:Concept of employee retention.Is employee retention manageable?Growth of strategies for employee retention in different periods.Developing retention strategy in an organization.

Key concepts: Employee retention, Workforce, Retention Management, Employee engagement, Competitive advantage, Knowledge retention, Retention time, Retention rate

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