Employee Retention: A Strategic Tool for Organisation Profitability

During disruptive periods of organizational changes, Organizations tend to retain star performers and other rainmakers for its profitability. Employees are the lifeline of an organization and contribute effectively to its successful running and profit making. The biggest challenge for organizations is to maintain   a stable workforce by reducing employee turnover through better benefits and flexible workplace policies which makes results in significant cost savings.  The present paper focuses on how employee retention can be a strategic tool for organization profitability.