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IMPORTANCE OF EMPLOYEE
RETENTION
Research Methodology in Industry

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INTRODUCTION
Various policies and practices to retain employees for a
longer period of time.
Organization invests time and money
Organization is at loss when employees leave
Lucrative salary, comfortable timings, better ambience,
growth prospects

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REVIEW OF LITERATURE
Employee Retention: A Review
of Literature
Compensation,
T&D
Reward and
Recognition
Promotion and
opportunity
growth
Participation in
Decision making
Work life
balance,
Leadership
Work
environment,
Job security

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Factors Affecting Employee Retention: Evidence from
Literature Review
Employee personal value
Compensation, Reward
Career advancement
Training and career development
Supervisor support, Work environment
Family support & work culture
Organizational Justice
Distributive justice

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PROBLEM GAP ANALYSIS
Job
Flexibility
Ease to
employees
Work from
home
Organizati
on saves
cost
Employee
need not
travel
regularly
SBI
announced
‘work
from
home’
Google
campus

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AUTONOMY IN WORK
Too much autonomy can backfire; depends on culture and size
Enhance each other's strengths, compensate for weaknesses.
Self-managed teams
Decreases employee turnover
Employees become more responsible for the quality of their work
More autonomy gives high job satisfaction, productivity, motivation and happiness
Traditionally organizational -autonomy with high level

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HYPOTHESIS
• Job satisfaction
• Cannot have a simple
general formula
• Different needs, desire
and experiences
• impact on employee’s
productivity, satisfaction
• Job security
• Safety
• Working environment
• Creativity in work
• Motivation
• Social relationships
• New opportunities
• Recognition
• Autonomy
• Compensation

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COMMUNICATION
• All can talk but not communicate well
• Act of giving, receiving or exchanging ideas so that the
message is completely understood by both parties
Barriers
• Status/Role
• Cultural Differences
• Use of Language
• Individual Perceptions
• Noise
• Clarity of Message
• Lack of Feedback
• Known or Unknown Receiver

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METHODS OF DATA COLLECTION
Primary
Data
Direct Personal
Investigation
Indirect Oral
Investigation
Information
through Local
Correspondents
Questionnaires
through Mail

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Secondary
Data
Financial Statements
and reports
Customer details
Company information
Reports and feedback

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• Sample size is 50
• Future of report- Extensive research will help in
better understands of Job Satisfaction and
Autonomy with primary data collection
• Importance- Offer better compensation, Encourage
flexibility, Provide learning opportunities, Better
communication and More autonomy in the work

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CONCLUSION
Companies
spend billions
to stay on the
cutting edge
It costs a great
deal to replace
an employee
Extensive
employment
opportunities
for talented
professionals
Higher skilled
the employees
are, the greater
the demand
for their
services
Employee
retention is
great concern

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QUERIES

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