Employee retention is referred to retain existing skilled and knowledge worker in their workforce. The turnover leads to hiring and training expenses, productivity loss, customer's loss, diminished business and creates disturbance harmony among existing workforce. Hence, HRD has to play a key role in designing the practices, which can enable an organization to retain human resource to reduce above problems and retaining the knowledge workforce, which will contribute significantly to the business. The competencies and skills of knowledge worker have become extremely vital comparative advantage in the present day of IT units. Pune ecstatically referred to as a ‘Silicon Valley of India’ has rapidly developed to a dynamic information technology hub housing several IT units. The present study examines the employee retention practices adopted by HRD, which retention tools are most effective, attrition trends at different level at the IT unit hierarchy and most influencing reasons for attrition at selected IT units in Pune.
Turnover, HR Practices, Retention, Information Technology units
