EMPLOYEE RETENTION TACTICS IN SELECTED IT COMPANIES
Author(s):
Y. Priya Rani, Prof. T. Yadagiri Rao
Keywords:
Employee Retention, Global explosion, talent, IT Sector, Recruitment
Abstract
Employee retention is the ability of an organization to retain its employees or the practice of reducing turnover of employees. There are four highlighted distinct types of employee turnover categorized as: involuntary turnover, instigated by the employer that comprises of discharge or downsizing and voluntary turnover categorized as avoidable and unavoidable turnover. There is strong competition for qualified workers in the ultra-competitive business environment. Implementing various strategies and tactics to keep top performers in the organisation is essential for improving productivity and quality. The issue is still very much present in the IT sector. The recruitment and retention of top personnel is one of the biggest difficulties facing the IT sector. There are various aspects that affect retention, and it's important to comprehend what kind of expectations employees have so they can stay on the job for a long time and perform well. People are very mobile and not restricted to any one type of profession, and the global corporate growth generates more chances. This essay's goal is to identify the elements that affect employee retention and the reasons why workers leave a firm. With particular reference to a study of a few chosen IT organisations in Hyderabad, the researcher offers some advice for staff retention in the IT sector based on his analytical analysis. Hyderabad has a vastly diversified software base with adequate infrastructural facilities required for IT industrial activities. Employee retention is the ability of an organization to retain its employees or the practice of reducing turnover of employees.
Article Details
Unique Paper ID: 166607

Publication Volume & Issue: Volume 11, Issue 2

Page(s): 1686 - 1689
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