Paper Title
Employee Retention Practices in IT Sector
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Registration ID: IJNRD_181955
Published ID: IJNRD2207021
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Keywords
Employee retention and employee retention practices.
Abstract
Employee retention has become a significant concern for organisations globally. Any organisation cannot afford to lose its key performers since human capital is one of its most valuable assets. When an employee exits the organisation, it causes a loss of investments in terms of time and money. Therefore, it becomes important for the employer to recognize the factors that influence employees' decision-making to stay in the organisation. This paper is focused on IT sector and makes an attempt to identify the factors that contribute to an effective retention practice. For this purpose, primary data collection method was used. The data was gathered by distributing a questionnaire, to 30 employees randomly selected from different IT companies and conclusions were drawn. From the results of the study, it can be concluded that fair compensation plays a significant role in the retention of key employees. Furthermore, factors like employer and employee relationships, career advancement, adequate training and development, and organisational support all contribute to the retention of the key performers.
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How To Cite (APA)
Pooja Nayak, Dr. Manish Kumar Sinha, & Ashish Kumar (July-2022). Employee Retention Practices in IT Sector. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 7(7), 169-174. https://ijnrd.org/papers/IJNRD2207021.pdf
Issue
Volume 7 Issue 7, July-2022
Pages : 169-174
Other Publication Details
Paper Reg. ID: IJNRD_181955
Published Paper Id: IJNRD2207021
Research Area: Commerce
Author Type: Indian Author
Country: Prayagraj, Uttar Pradesh, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2207021.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2207021
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