Abstract

Employee retention continues to pose one of the greatest challenges facing organizations and managers today with the loss of valuable talent incurring heavy costs to the organization in terms of institutional know-how as well as the time, money, and efforts needed to recruit and train replacements. The purpose of this research is thus to observe the impact of retention on organizational performance. Career development, Supervisor support, Work environment and Rewards are the key variables employed in this research. The variables lead to reflecting how they influence employee retention that is how much impact they have on towards retaining the employees, which ultimately will have an impact on the organization’s performance. The findings of this study will help determine the key elements that lead to employee retention in business organizations in Pakistan.

Highlights

  • IntroductionIn the past years as well as in our current era, we have examined a lot of reasons as to why the employees leave the organization

  • Background of the StudyIn the past years as well as in our current era, we have examined a lot of reasons as to why the employees leave the organization

  • Our research focuses on Business organizations

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Summary

Introduction

In the past years as well as in our current era, we have examined a lot of reasons as to why the employees leave the organization. As we are entering into the advanced era retention has always been a key factor, which is rapidly growing and becoming more challenging for the organizations in order to facilitate and retain their employees. With a large pool of candidates, it is both a risk and challenge for the head hunters to play their part wisely. They need to examine closely for those who they hire and to those employees who are still an active part of the organization

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