Volume : VII, Issue : IV, April - 2018

ATTRITION CONTROL AND RETENTION STRATEGIES IN BUSINESS ORGANISATIONS

K. S. Balaji, Dr. G. Jayabal

Abstract :

In today’s competitive business environment, success depends much on the retention of employees. In a knowledge driven economy, it is the people who are emerging as key competitive differentiators and retaining the talent has become a matter of paramount importance. Attrition is here to stay and is not a fringe concern for the companies anymore. The trick lies in having sound human resource practices in place that can effectively combat the scourge of attrition. This article would provide an insight into the various issues surrounding the problem of attrition and what major challenges are being faced in retaining the employees. Acquiring skilled workforce is not just enough in today’s changing economy; instead a lot needs to be done to retain them. Losing knowledgeable andtrained employees can cause serious damage to the company’s progress and performance in the market.

Article: Download PDF    DOI : https://www.doi.org/10.36106/paripex  

Cite This Article:

K.S.BALAJI, Dr.G.JAYABAL, ATTRITION CONTROL AND RETENTION STRATEGIES IN BUSINESS ORGANISATIONS, PARIPEX‾INDIAN JOURNAL OF RESEARCH : Volume-7 | Issue-4 | April-2018


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