Abstract
The nature of human resources and their willingness to contribute have an impact on the existence and growth of the organization. Employee loyalty may be defined as employees being committed to the success and growth of the organization and believing that working for this organization is their obligation and best option available to them. The growth and success of organizations in the present scenario, largely depends upon the commitment and loyalty of its workforce. As employees work for the organizations for certain period of time, they develop affinity and emotional attachment to the organization. As they grow older their maturity level will increase and stop job hopping. Further, as the age of the employee increases, they will try to settle down in one place and the probability of their intention to stay with the organization also will increase which in turn will influence their loyalty to the organization. Therefore, age of an employee is generally considered as a factor influencing loyalty to the organization.The purpose of this paper is to investigate the effect of age of employee on employees’ loyalty in a Bangalore based large scale public sector undertaking. 200 middle level executives who have completed minimum of one year service were surveyed and random sampling technique was adopted. Survey was conducted with a standardized, valid and reliable instrument measuring loyalty. The detailed findings and implications are discussed in the full paper.
Highlights
Human resources (HR) are considered to be the most important asset of an organization and their management is concerned with the people dimension in Management
Employers can hire any number of employees with variety of skills and knowledge, but their willingness to contribute whole heartedly for the existence and growth of the organization is a concern in the present scenario
According to the studies conducted by researchers, the organizational goals are unattainable without the enduring cooperation and commitment of the employees
Summary
Human resources (HR) are considered to be the most important asset of an organization and their management is concerned with the people dimension in Management. Employers can hire any number of employees with variety of skills and knowledge, but their willingness to contribute whole heartedly for the existence and growth of the organization is a concern in the present scenario. Organizational objectives can be best attained by selecting the employees with right attitude, developing their skills, motivating them for high performance and ensuring their continued commitment and loyalty towards the organization. Effective and loyal employees are always the asset of the organization. Selecting, recruiting, training and developing their skills, motivating them to high levels of performance and ensuring that they continue to maintain their commitment and remain loyal to the organization are essential for achieving organizational goals and objectives. Top Management should encourage managers to train, develop, motivate, maintain and retain the skilled, knowledgeable and committed employees. The employees’ commitment and loyalty have become a major concern for all organizations
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