Strategies for employee retention

Abstract

Work places are second to home, where every employee wants to build strong relation and depend on each other.  Organizations should ensure that employees are delighted to work with and should build a long career with the organization so that mutual growth can be ensured. This is only possible when employees in the organizations are retained for long durations.  Attrition is much these days because of many reasons.  To curtail attrition organizations are striving a lot to design the relevant strategies.  This paper highlights what attrition is and its causes, importance of retention, and the strategies to be adopted by the organizations to improve retention of employees in the organization.