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A study on effects of welfare facilities on employee\'s retention

Author Affiliations

  • 1Department of Management, BIT, Durg, CG, India
  • 2Department of Management, BIT, Durg, CG, India

Res. J. Management Sci., Volume 6, Issue (11), Pages 6-9, November,6 (2017)

Abstract

Retention of employees is the asset of an organization as a key to success in achieving organizational goal. This paper highlights some of the strategies being followed in organizations related to formulating HR policies keeping an optimistic approach towards retention. Around 30 data from employees of various organizations are analysed using statistical tools and finds that the creation of opportunities for role enhancement within the company as well as training and skill development that allow employees to enhance their employability in the internal/external employable market. The study in this Paper relates exclusively with employee retention, tools used for retaining employees, data gathering techniques, and Employee Delight a new way to retain employees in the organization.

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