Factors Affecting Employee Retention in Indian IT Sector
Authors/Creators
- 1. Professor, Department of Management Studies, Deenbandhu Chhotu Ram University of Science and Technology, Murthal, Sonepat (India)
- 2. Assistant Professor, Department of Management Studies, Deenbandhu Chhotu Ram University of Science and Technology, Murthal, Sonepat (India)
- 3. Research Scholar, Department of Management Studies, Deenbandhu Chhotu Ram University of Science and Technology, Murthal, Sonepat (India)
Description
Employee Retention is a very serious issue that Indian IT Sector facing today due to the shortage of skilled labor, economic growth and factors that affect retention of employees. Employee Retention is emerging as the most crucial workforce management challenges of the future. According to the research in the future, successful organizations will be those which adapt their organizational behavior to the realities of the current work environment where success of an organization depends upon the innovation, creativity and flexibility. This paper explains some of the factors that affect the retention of employees in Indian IT Sector in India. Organizations in India should give serious thoughts to what is necessary for the employee commitment towards an organization. Employee turnover is a never-ending problem that Indian IT Sector faces today due to compensation, career growth opportunities and problems with the superiors.