1Student, Faculty of Management and Commerce, Ramaiah University of Applied Science, Gnanagangothri Campus, MSR Nagar, Bengaluru-560054, Karnataka, India.
2Assistant Professor MBA, Faculty of Management and Commerce, Ramaiah University of Applied Science, Gnanagangothri Campus, MSR Nagar, Bengaluru-560054, Karnataka, India.
*Corresponding Author E-mail: renee.co.mc@msruas.ac.in
Online published on 3 June, 2021.
The background of the study with regards to the employee retention strategies in the IT industry to ascertain the organizational effectiveness and the theoretical framework. The findings of the research work done on the Employee Retention Strategies in IT industry with specific reference to Bengaluru City. The result shows the significant difference between demographic variables of employees in the IT industry, organizational variable and its effectiveness. The IT industries need to find a way to increase employee retention to achieve more organizational goals. Moreover, the organization should understand the potential grievances that prevent employees from leaving. IT industry that continually seeks to improve HR practices and there is no single policy to retain the employees.
Employee Retention, Compensation, Training and Development, Rewards/Recognition, Work-Life Balance, Work Environment, Job Satisfaction