A STUDY ON EMPLOYEE RETENTION IN REGALWHIZ SOLUTIONS PRIVATE LIMITED

A STUDY ON EMPLOYEE RETENTION IN REGALWHIZ SOLUTIONS PRIVATE LIMITED

VICTORIA BASKER1 & DR.C.LAKSHMI2

1BBA Student, School of Management Studies, Sathyabama Institute of Science and Technology, Chennai

2Assistant professor, School of Management Studies, Sathyabama Institute of Science and Technology, Chennai

ABSTRACT:

Employee retention is basically the organization’s ability to retain quality employees. It is a challenging concern for the organization. Each day, the competition is out to steal your most talented employees. The best defense is to create a total work experience so attractive and find out the reasons for employee turnover so that your brightest star would never consider leaving.  Retention of key employees is critical to the long-term health and success of any organization as it guarantees satisfied consumers, higher product sales, delighted colleagues and reporting staff, effective succession planning, and deeply rooted organizational knowledge and learning. The goal of this study is to demonstrate why, in the modern workplace, employee retention is crucial and to have an understanding of the employee retention strategies adopted & issues related to it in the organization.

KEYWORDS: Employee retention, Quality Employees, Retention Strategies