Study on Determining Factors of Employee Retention

Abstract

Employees are the most valuable assets of an organization. Their significance to organizations calls for not only the need to attract the best talents but also the necessity to retain them for a long term. This paper focuses on reviewing the findings of previous studies conducted by various re searchers with the aim to identify determinants factors of employee retention. This research closely looked at the following broad factors: development opportunities, compensation, work-life balance, management/leadership, work environment, social support, autonomy, training and de velopment. The study reached the conclusion that further investigations need to be conducted re garding employee retention to better comprehend this complex field of human resource manage ment.