Organizational and Personal Perspectives on Employee Retention

Authors

  • Ms. C Nitya, Ms. G Sudha, Ms. S Likitha

DOI:

https://doi.org/10.17762/msea.v71i4.1559

Abstract

Companies must be able to foresee technological advancements and compete with other firms throughout the world in this dynamic modern economy. Due to this requirement, a company's capacity to improve over time through the learning and growth of its workers is crucial. Because employees' knowledge and abilities are essential to a company's ability to be economically competitive, finding and keeping skilled workers is a crucial step in this process. This study focuses on the organisational and individual elements that affect employee retention because it is crucial for a company's operation and competitiveness. Employee learning is given specific attention because it is considered to be an activity that supports retention. 149 employees received questionnaires, and 51 employees had interviews. The quantitative results are illustrated and placed in context using the interviews. The findings demonstrate that staff stimulation and appreciation have a significant positive impact on employee retention. This outcome is in line with past research's conclusions. However, the retention advantages brought forth by personal growth open up new avenues for improving employee retention. Additionally, this study demonstrated how personality variations affect employee retention. Employee retention is positively correlated with leadership qualities and seniority, but adversely correlated with learning readiness and initiative.

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Published

2023-01-11

How to Cite

Ms. C Nitya, Ms. G Sudha, Ms. S Likitha. (2023). Organizational and Personal Perspectives on Employee Retention. Mathematical Statistician and Engineering Applications, 71(4), 8713–8716. https://doi.org/10.17762/msea.v71i4.1559

Issue

Section

Articles