A Study on Employee Retention in Tier Iii It Industry

Abstract

Employee retention is one of the key bases that are essential for organization achievement by keeping employee in an organization. In Tier III IT industry, retention of employee is one of the greatest challenges to HR particularly during high turnover rates. The aim of the study is to find the impact of demographic factors, attrition factor and motivation factor on employee retention. The data has been collected from 27 samples for the study and used non probability convenience sampling method. The entire questions were given in the five point likert scale. This study concludes by showing that there is no significant difference between marital status and work life balance but there is a significant difference between experience of the respondents with the management as well as between age levels with the non monetary rewards.