Employee Retention
In any organization, People have become very important stakeholders. But as the benefits take superseded loyalty and professionalism creep into the organizations and it becomes an unyielding task to retain talented people in the organizations (SRIVASTAVA & RASTOGI, 2008). In this process Securing and retaining skilled employees plays an important role. And as employees’ knowledge and skills are the key factors to companies’ ability to be economically competitive. This confirms that employee retention is very important for the functioning and competitiveness of a company (Kyndt, et al., 2009). When there is a high employee turnover in an organization, it causes an increase in the resources cost, extra efforts and costs for new recruiting regularly, and the cost of time when having to replace major positions (SRIVASTAVA & RASTOGI, 2008). Employee retention strategies became more and more important and majorly they will be considered an essential factor to b...