Employee retention remains a critical challenge in human resource
management, directly impacting organizational productivity, stability,
and overall success. High turnover rates contribute to increased
recruitment costs, loss of institutional knowledge, and decreased
employee morale. Organizations struggle to implement effective
retention strategies that address job satisfaction, career development,
work-life balance, and compensation. This study explores key factors
influencing employee retention and evaluates strategic interventions
that enhance workforce stability. A mixed-method approach was
employed, combining surveys and interviews with HR professionals
and employees across multiple industries. The analysis highlights the
effectiveness of career advancement programs, competitive
compensation packages, flexible work arrangements, and strong
workplace culture in reducing turnover. Results indicate that
organizations implementing comprehensive retention strategies
experience a significant reduction in employee attrition and an
improvement in overall job satisfaction. Findings emphasize the
importance of proactive HR policies in fostering long-term
commitment among employees. The study provides actionable
recommendations for businesses to refine their HR frameworks and
create an environment conducive to sustained workforce engagement.
J. Noorulkhathija, A. Jahir Hussain
Galgotia College, India
mployee Retention, Workforce Stability, HR Strategies, Job Satisfaction, Talent Management
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| Published By :
ICTACT
Published In :
ICTACT Journal on Management Studies
( Volume: 11 , Issue: 1 , Pages: 2032 - 2037 )
Date of Publication :
February 2025
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