Employee Retention Strategies: A Systematic Review
Nirmal Raj M, Ch. Bala Nageswara Rao
Abstract
Nirmal Raj M, Ch. Bala Nageswara Rao
Abstract
Employee retention is must in any of the organisation why because if the talented and potential employees leave the organisation then it affects the productivity, morale and it is necessary for the organization to retain the precious employees showing potential. Implementing a worker retention application is a powerful manner of making sure key workers continue to be employed whilst preserving job overall performance and productiveness. Retention techniques are policies and plans that companies follow to lessen worker turnover and attrition and ensure personnel are engaged and productive long-term. The key challenge for businesses is ensuring a retention approach aligns with enterprise dreams to make certain most return on investment.
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Employee retention is must in any of the organisation why because if the talented and potential employees leave the organisation then it affects the productivity, morale and it is necessary for the organization to retain the precious employees showing potential. Implementing a worker retention application is a powerful manner of making sure key workers continue to be employed whilst preserving job overall performance and productiveness. Retention techniques are policies and plans that companies follow to lessen worker turnover and attrition and ensure personnel are engaged and productive long-term. The key challenge for businesses is ensuring a retention approach aligns with enterprise dreams to make certain most return on investment.
Key concepts: Employee retention, Attrition, Retention Management, Business, Turnover, Productivity, Key (lock), Employee morale