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Thesis on employee retention

This page of the essay has words. Download the full version above. The success and survival of organizations depends upon the performance and satisfaction of their employees and hence organizations have to meet their demands in order to retain their talent. The unprecedented nature of business which is characterized by dynamic working environment, fast changing global economy, technology driven business, and cut throat competition has resulted in creating more and more avenues and opportunities for employees and also at the same time has posed a challenge before the organizations in attracting, developing and retaining their employees. Akindele viewed employee retention as a process in which the employees are encouraged to remain with the organization for maximum period of time or until the completion of the project. In other words, employee retention is a process of techniques and strategies being employed by organization with the motive of inducing their employees to stay and remain in the organization for the longer period of time.
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Employee Retention Essay

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Thesis Statement on Employee retention | Category: Management

We use cookies to enhance our website for you. Proceed if you agree to this policy or learn more about it. Type of paper: Essay. An organization is the collective name for a set-up wherein individuals come and work together in unison to achieve a common goal. These individuals get compensated for their efforts and are called employees. An organization without employees cannot survive simply because these men and women undertake all necessary activities or an organization.
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Employee retention

Employee retention is very important to organizations. If employees can not be retained, the company will have to invest money for training new employees time and time again. The cost of replacing an employee is high not only financially, but in terms of lost productivity, the time taken by the employer to go through the resumes and the cost incurred to conduct interviews.
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