The retention strategies of employees of IT industries
J. K. Vijayakumar
Abstract
J. K. Vijayakumar
Abstract
In the present situation the Retention of Information technology employees in service sector is very difficult. The Human resource department implement different strategies to this these employees to play a key role in designing the policies, practices and strategies, which can enable an organization to retain them to contributing a lot to the business. The study examines the fact of Employee Retention in the IT sector in Bangalore which can help the organizations in this sector to retain their valuable talented employees and choose HR strategies in the attainment of job satisfaction amongst the employees of the industry; extent of employee attrition prevalent; significance of individual, organizational and industry related factors in determining employee retention; correlation between job satisfaction and employee retention; prevalence of Talent Management System and identify different strategies adopted to reduce the monotony of work for the executive positions. The t-test, chi square test and correlation test is used for evaluation of the data.
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In the present situation the Retention of Information technology employees in service sector is very difficult. The Human resource department implement different strategies to this these employees to play a key role in designing the policies, practices and strategies, which can enable an organization to retain them to contributing a lot to the business. The study examines the fact of Employee Retention in the IT sector in Bangalore which can help the organizations in this sector to retain their valuable talented employees and choose HR strategies in the attainment of job satisfaction amongst the employees of the industry; extent of employee attrition prevalent; significance of individual, organizational and industry related factors in determining employee retention; correlation between job satisfaction and employee retention; prevalence of Talent Management System and identify different strategies adopted to reduce the monotony of work for the executive positions. The t-test, chi square test and correlation test is used for evaluation of the data.
Key concepts: Employee retention, Job satisfaction, Attrition, Test (biology), Tertiary sector of the economy, Marketing, Human resources, Human resource management