An empirical study of faculty retention strategies and impact on length of service among management institutions in Bangaluru

This study is conducted among faculties who work in various colleges and universities, to understand, how the retention strategies adopted by the institutions would affect the length of their service. A well structured questionnaire is used for the data collection. The study shows that all factors except work life balance play very important role in length of service of faculties in colleges and universities. The faculties believe that they have a longer stay in the organization due to the good working environment and for providing good training and development. It is found that as the length of service is increasing, the faculties become unhappy with the appraisal system, the recognition and reward system and that the superior support is not an important factor for their stay in the organization.