Abstract:
Due to the increasing demand in the job market as a result of several job opportunities, good employee retention
strategies are vital for achieving organizational success and performance. Considering skilled and innovative employees
leaving an organization, will subsequently have negative effects on the organization’s survival. Employees normally
abandoned their jobs when they feel dissatisfied and de-motivated by either their supervisor and /or other de-motivating factors
such as low salary, annual leave allowance, maternity leave, rewards and incentives, remuneration, politics, poor
communication among employees, lack of respect to employees by supervisor and management, undermining organizational
culture by supervisor, training, and others. This will lead to an employer to loose valuable and determined employees to rivals
in job market, loss of corporate memory, fracture employee customer relationship and most importantly, the moral standing of
the organization goes down to the drain. Therefore, it is essential for an organization to retain the most valuable and
experienced employees. Employee retention is referred to a method where employees are motivated to stay longer working in
an organization, or for a specified timeframe of a project execution. The study examines the role of HR policies in retaining
valuable employees in an organization. It further try to bridge the communication gap between employers and employees on
salient issues in the organization by maintaining skilled and innovative employees of the organization for infinite time. The
research also indicated that, green pasture, lack of opportunities, work-life balance, lack of recognition, low salary scale, poor
reward and remuneration system, and study leave were among some of the reasons employees leave their jobs for better
opportunities elsewhere. Retaining skillful and innovative employees should be of the utmost priority for all organizations and
good retention strategies should be intended to retain highly innovative and talented employees. Motivation and free flow of
communications produces best cultural commitment that will ultimately achieve organizational blueprint