Employee Retention is a major concern, challenge and goal.

Today, employee retention is a major concern, challenge and goal for almost all  the organizations. Organizations they recruit people, train them, motivate them for achieving the organizational goal. There for the employee retention is so important when it comes to achieving organizational goals. As mentioned, employee retention is a task, challenge and goal. Employee retention is a huge task since it's a long term process to be achieved. Organizations they spend a lot on employees starting from recruitment, training, motivations, and etc. So there is a need for the employers to satisfy their employees. There for employee retention is a task for an organization (Bidisha and Mukulesh, 2013).

Employee retention is a challenge for an organization. The world is so competitive, and employees may feel bored or dissatisfied with the company after doing the same job for years. In this case, Maslow's needs hierarchy also can be considered as an reference or an example. The ultimate point of this needs theory says, that when a human fulfills one need, another need arises. Based on this, employees may leave the organization when they are bored after doing same thing for years or when they feel they have to move for the next level and other related causes (Aparna and Ishrat, 2019).

Employee retention is also a goal to an organization. Employees are the people who are going to achieve the organizational goals. So the employee retention is a must since companies spend a lot on employees. So it is so costly to loose a trained employee in two ways. One is company has spend a lot, and has to spend more on new recruitment, training and others. The second reason is, when a trained employee leaves the company, he or she will join the competitors and this is deadly situation. There for employee retention is a goal for an organization (Aparna and Ishrat,  2019).

Employee Retention


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References

Aparna, R and Ishrat, S,. (2019) Employee Retention A real time challenge in global work environment. Journal of Research in commerce and management, 1(11), pp.  125-130.

Bidisha, L, D and Mukulesh, B,. (2013) Employee Retention. IOSR Journal of Business and Management, 14(2), pp.8-16.

HR Technologists. (2018) HR Analytics. How to use data for Employee Retention [Online]. Available at https://www.hrtechnologist.com/articles/hr-analytics/how-to-use-data-for-employee-retention/. Accessed on 29th of March 2019.