Online published on 24 October, 2013.
Employees are critical to the successful functioning of contemporary private agencies. Researchers and practitioners have long sought to identify workplace factors that influence employee retention. In this context I have tried to find out different reasons of attrition, and factors that may reduce the voluntary turnover of private-sector employees. I conclude with an in-depth discussion regarding the various factors and parameters which may lead to attrition for an employee. The message for decision makers is clear: When it comes to the retention of personnel, workplace and job characteristics matter. The insights from this chapter should aid private agencies in their ongoing efforts to retain quality professionals.
Attrition, Employee Retention, Strategies adopted to resist attrition, Private sector, Attrition rate