RETENTION OF KNOWLEDGE WORKERS CRITICAL TO SUCCESS OF INDUSTRIES IN KNOWLEDGE ECONOMY -- A STUDY OF EXISTING LITERATURE.

Yesha Sheth; Dr. I. S. Singh

Volume : VIII, Issue : XI, November - 2018

RETENTION OF KNOWLEDGE WORKERS CRITICAL TO SUCCESS OF INDUSTRIES IN KNOWLEDGE ECONOMY -- A STUDY OF EXISTING LITERATURE.

Yesha Sheth, Dr. I. S. Singh

Abstract :

In today’s knowledge based economy, the human resources, assume a central role and are considered as assets or human capital of the organization. Hence keeping them within the organization is very critical and has become a huge task for the employers. With economy going global and many opportunities opening up for such highly skilled knowledge workers, their demand also rises. So there are more chances of employees going away from the organization. Therefore it is very much necessary to know the exact reasons for their turnover and accordingly frame retention strategy for the organization. The present study aims to find out the reasons for turnover, factors affecting the knowledge workers to stay or leave the organization. Job satisfaction, occupational stress, organizational commitment and motivation are found to be associated with knowledge workers.