International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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RELATIONSHIP BETWEEN RETENTION FACTORS & ORGANIZATIONAL COMMITMENT: A REVIEW BASED STUDY

    2 Author(s):  PROF. PARVAIZ TALIB, RICHA MITRA

Vol -  8, Issue- 1 ,         Page(s) : 49 - 61  (2017 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

Employee Retention has emerged as a critical issue for organizations across the globe. Service-led economy has rendered human resource as a source of sustainable competitive advantage. However, ease of movement and available alternatives made employee turnover an inevitable reality. Organizations have acknowledged that higher the commitment level of the employees, lower will be the turnover rate. This acknowledgement is the basis for the present study that attempts to crystallize the research studies that have explored the relationship between organizational commitment and retention factors. The study will also explore specific retention factors that have significantly enhanced the organizational commitment of the employees. Therefore the study presents a strong basis for the HR personnel of the organizations for retention oriented investments and measures.

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