AN ANALYSIS OF EMPLOYEE RETENTION STRATEGIES OF IT COMPANIES

Employees are the most important asset of an organisation. Retention is important for management as well as for employees also. More than half of the employers retain workforce to avoid associated costs of hiring and training. Most of the companies today experience the challenge of retaining its key talent. It has become the most imperative target of the organisations because of the huge tasks that is involved in hiring a new employee. Thus all organisations make good efforts and frame retention strategies to retain their employees.