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Authors
Affiliations
1 Department of Management Studies, Koshys Institute of Management Studies, IN
Source
ANVESHAK-International Journal of Management, Vol 2, No 2 (2013), Pagination: 80-93
Abstract
Purpose: The present study explores and identifies the main factors of retention management strategies in organizations.
Methodology: The study is based on a single cross-sectional survey. In all, 100 responses were generated from employees of a manufacturing firm in India. A selfadministered questionnaire with items related to the study dimensions was deployed for the study.
Findings: The Cronbach's alpha of the questionnaire was found to be 0.823&Pearson correlation was 0.951 (p
Practical Implications: The findings from the present study provide insights into the dynamics of employee retention, which is a major issue of concern in Indian corporate world. The results can provide inputs to companies to handle issues related to employee turnover which is seen as a serious problem in India.
Research Limitations: Due to very vast geographical expanse of India, the study was concentrated on a limited geographical region. The study was based on a limited sample. It might have suffered from a relatively small sample size related problems.
Type of Paper: Research paper.
Keywords
Employee Retention, Employee Turnover, Retention Strategies
