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  • Retention Employees Retention Employees

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    Hitesh Kumar
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    Retention is defined as voluntary efforts by organizations to create an engaging environment to retain employees for long terms. The main purpose of retention strategies is to prevent the loss of skilled workers. Employees often leave due to job stress, lack of commitment to the organization, and job dissatisfaction. High attrition rates of 16-20% are seen in large IT companies like Infosys and TCS due to issues like lack of learning opportunities and internal politics causing employee dissatisfaction. New proposed retention methods include informational interviews and simulations to design ideal organizations.

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    ER_help

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    ER_help Assiiii 1

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    Retention is defined as voluntary efforts by organizations to create an engaging environment to retain employees for long terms. The main purpose of retention strategies is to prevent the loss of skilled workers. Employees often leave due to job stress, lack of commitment to the organization, and job dissatisfaction. High attrition rates of 16-20% are seen in large IT companies like Infosys and TCS due to issues like lack of learning opportunities and internal politics causing employee dissatisfaction. New proposed retention methods include informational interviews and simulations to design ideal organizations.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    10 views1 page

    Retention Employees Retention Employees

    Uploaded by

    Hitesh Kumar
    Retention is defined as voluntary efforts by organizations to create an engaging environment to retain employees for long terms. The main purpose of retention strategies is to prevent the loss of skilled workers. Employees often leave due to job stress, lack of commitment to the organization, and job dissatisfaction. High attrition rates of 16-20% are seen in large IT companies like Infosys and TCS due to issues like lack of learning opportunities and internal politics causing employee dissatisfaction. New proposed retention methods include informational interviews and simulations to design ideal organizations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    Retention is defined as a voluntary move by an organization to create an

    environment which engages employees for long term (Chaminade,


    2007). The main purpose of retention strategies is to prevent the loss of
    competent employees from the organization.

    People leave the organization due to various reasons. The experience of


    job related stress (job stress), the range factors that lead to job related
    stress (stressors), lack of commitment in the organization; and job
    dissatisfaction make employees to quit
    Authentic Problem: High attrition rates of 16%-20% are observed in big
    IT giants like Infosys and TCS.
    WHY: Employee dissatisfaction due to lack of learning opportunities,
    people are leaving for higher education and higher degree of internal
    politics in the IT sector.
    New Methodology:
    Informers, unstructured interviews and getting valuable information
    from the employees
    Employee first Simulation game: we can ask our talent to design
    their dream organisation.
    Source:

    http://pioneerjournal.in/conferences/tech-knowledge/15th-nationalconfernce/3897-emerging-employee-retention-strategies-in-it-

    industry.html
    James, Leena; Mathew, Lissy. SCMS Journal of Indian
    Management 9.3 (Jul-Sep 2012): 79-87.
    Business Standard July 2015

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