A STUDY ON EMPLOYEE RETENTIONS AND ITS STRATEGIES

A STUDY ON EMPLOYEE RETENTIONS AND ITS STRATEGIES

Dr. C. K. GOMATHY1, RAGHAVENDRA 2, TENEPALLI CHARAN 3, D.BHASKAR4

1Assistant Professor, Department of Computer Science and Engineering, SCSVMV, Kanchipuram

2Student, Department of Information technology, SCSVMV, Kanchipuram

3 Student, Department of Information technology, SCSVMV, Kanchipuram

4 Student, Department of Information technology, SCSVMV, Kanchipuram

ABSTRACT

Employee retention is an important challenge faced by Indian corporate. Many research studies have shown that there is enormous requirement for trained professionals across Global, which has resulted in leaving the organization in search of greener Territory. Organization in today's contest don't want to drop their employee due to changing economy, growing rivalry and dearth of capable employee as this would turn affect their Bottom line significantly. So it add shaped the necessity for crafting valuable retention plan. The present study, therefore, aims at examining the factors responsible for employee. Employee retention is a process In which the employees are encouraged to remain with the organization for lifetime or maximum period of time. It is a strategic tool for the success of the firm.

Keywords: Employees, Employee Retention, Management Deportment, Retention Strategies