Published April 21, 2025
| Version v1
Journal article
Open
The Talent Trap: How Companies Can Keep Their Best Employees
Authors/Creators
Description
Keeping talented employees is one of the biggest challenges companies face today. While salary matters, it’s not the only reason people stay. This study looks at what really drives employee retention, focusing on job satisfaction, career growth, and workplace culture. Using the Murugappa Group as a case study, it explores how HR strategies like training, performance appraisals, and flexible work policies help retain top talent. The findings show that when employees feel valued, supported, and have room to grow, they’re more likely to stay. A strong workplace culture and clear career paths make a big difference. By analyzing real employee experiences and industry trends, this research offers practical ways for companies to keep their best people engaged. Businesses that invest in their employees not only reduce turnover but also build a stronger, more committed workforce. Looking ahead, companies must adapt to new workforce expectations in an ever-changing job market.
Files
The Talent Trap How Companies .pdf
Files
(405.9 kB)
| Name | Size | Download all |
|---|---|---|
|
md5:29eb60b145626bcabfcc995f84c183aa
|
405.9 kB | Preview Download |
Additional details
References
- 1. Adnan, N., Ahmad, A., & Ali, S. (2020). The Role of Career Growth in Employee Retention: A Case Study Approach. International Journal of Business and Management, 15(3), 45-59.
- 2. Ali, M. & Kasim, R. (2019). Workplace Adaptability and Employee Retention in Competitive Job Markets. Human Resource Development Review, 18(2), 78-94.
- 3. Scanlan, J. N., & Still, M. (2019). Job Satisfaction, Burnout, and Turnover Intentions: A Study on Employee Engagement Strategies. Journal of Occupational Psychology, 27(4), 310-328.
- 4. Herzberg, F. (1966). Work and the Nature of Man. Cleveland: World Publishing.
- 5. Maslow, A. H. (1943). A Theory of Human Motivation. Psychological Review, 50(4), 370-396.
- 6. Vroom, V. H. (1964). Work and Motivation. New York: Wiley.
- 7. Robbins, S. P., & Judge, T. A. (2021). Organizational Behavior (18th ed.). Pearson Education.
- 8. Society for Human Resource Management (SHRM). (2022). Employee Retention Strategies: A Global Perspective. Retrieved from www.shrm.org.
- 9. Deloitte Insights. (2023). The Future of Work: Retention Trends in a Changing Job Market. Retrieved from www2.deloitte.com.
- 10. Gallup. (2022). State of the Global Workplace Report. Retrieved from www.gallup.com.