A Review of Employee Retention Strategies: Implication for Future Research

Abstract

Employee turnover is a global phenomenon that could be attributed to both work related and personal factors internal and external to an organization. This paper highlights key employee retention strategies and their implications. The paper highlights proactive measures as the primary strategy to employee retention which focus on employees’ intentions and subsequently the behavior of turnover. As a result, factors that promoted employees’ job satisfaction, organisational commitment and suitable work conditions are fundamental elements to staff retention.

Keywords: Employee Retention Strategies, literature review, future research

DOI: 10.7176/EJBM/13-1-03

Publication date: January 31^st 2021