Employee Retention and Talent Managment
Employee Retention and Talent Managment Image courtesy of Forbes Advisory forbes.com "Long-term health and success of any organization depends upon the retention of key employees. To a great extent customer satisfaction, organizational performance in terms of increased sales, satisfied colleagues and reporting staff, effective succession planning etc., is dependent upon the ability to retain the best employees in any organization. Encouraging employees to remain in the organization for a long period of time can be termed as employee retention. It is a process in which the employees are encouraged to remain with the organization for the maximum period of time or until the completion of the project."[ Das, B.L. and Baruah, M., 2013] The success of Organization is based on Employee Productivity and job satisfaction. Therefore, HRM and Top Management should take proactive approach to the matter of employee retention and they should not wait for Employees...