Impact of Capacity Development, Empowerment, Promotion on Retention

Employee Retention is method or technique adopted by the management of any organization to provide help to the employees to stay with the organization for a long duration. Employee retention strategies are mandatory to motivate the people to stay longer in the organization and also contribute effectively with total commitment and dedication. There is need to do genuine work to make possible employees career growth and learning for the employees to perform their job effectively and also enjoy at their work place. Employee retention is one of the key concern in the current time as technical sound and trained Individuals have the opportunity to switch over to other organizations for better prospects. Competitive salary package, relax job timings, better promotion opportunities and growth in career are key factors which motivate an employee to switch over for another job. It is a responsibility of management and HR team to find the reasons when a trained employee expresses his desire to quit the job and want to join somewhere else.