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A STUDY ON EMPLOYEE RETENTION - Abst
A STUDY ON EMPLOYEE RETENTION - Abst
ABSTRACT
Employee Retention refers to the techniques employed by the management to help the
employees stay with the organization for a longer period of time. Employee retention strategies
go a long way in motivating the employees so that they stick to the organization for the
maximum time and contribute effectively. Sincere efforts must be taken to ensure growth and
learning for the employees in their current assignments and for them to enjoy their work.
Motivation is necessary for work performance because, if people do not feel inclined to
engage themselves in work behavior, they will not put in necessary efforts to perform well.
However, performance of individual in the organization depends on variety of factors besides
motivation. It is therefore desirable to identify various factors. For instance, employees’
knowledge and skills are important performance drivers. Another factor is the company’s ability
to retain its employees with attractive benefit packages. Motivation is a prominent tool to retain
employees with greater compensation packages.
Objective of the study:
Research Methodology
A research design is purely and simply the frame work plan for a study that guides the
collection and analysis of a data. In this study the researcher has adopted descriptive research
design.
Data collection:
Data collection is one of the most important aspects of research. For the success of any
project accurate data is very important and necessary. The information collected through research
methodology must be accurate and relevant.
Primary Data
Secondary Data
Primary Data:
Secondary Data:
Secondary data means data that are already available i.e., they refer to data which
has already been collected and analyzed by someone else. This type of data information
can also be used by the researcher for his use as second hand information sources through
which secondary data can be collected. Secondary data may either be published data or
unpublished data.
Survey Method
Questionnaire
The respondents:
Sampling:
It is the process of selecting representative subset of a total population for obtaining data
for the study of the whole population the subset is known as sample. The sample size is selected
for the study 100 employees. The techniques of sampling unit in this study are convenience
sampling.
Convenience sampling:
In this method the sample units are chosen primarily on the basis of the convenience to
the researcher.
Simple percentage can also be used to compare the relationship distribution of two or
more items. For calculations the simple percentage the following formula used.
Questionnaire:
The questionnaire is prepared in such a way that is correct the comprehensive objectives
of the study. Open end, multiple choice of questionnaire adopted in this research.