Employee retention is most critical issue facing corporate leaders as a result of the shortage of skilled labour, economic growth and employee turnover. Retaining employees involves understanding the intrinsic motivators of them which many organizations unable to identify. The reason is "Individuals differ greatly in this regard’. Employee Retention has gained importance in recent years, particularly as part of talent management programs, and its relevance can be seen so much that the HR practitioner who integrates it into a talent program may grow bewildered by the huge volume of research about it. Employee retention is more than just keeping employees on the job. It is also about sustaining employees, primarily by enhancing their job satisfaction. This paper tries to document the practices followed by a select Indian MNCs in Jamshedpur, in retaining their employees and also highlights the opinions of the employees about such retention practices mass.
Retention, Competence, Productivity, Satisfaction, Reward, Recognition
