Organizational risk and employee retention model: Which employees matter and how to retain them?

  • Sumit Shandilya School of Management, BML Munjal University; QGS Group
  • Avleen Kaur School of Management, BML Munjal University
  • Jaskiran Arora School of Management, BML Munjal University
Ariticle ID: 3429
48 Views, 7 PDF Downloads
Keywords: attrition; absolute potential; retention; risk management; employee turnover

Abstract

Employee retention is a critical concern for organizations in today’s dynamic labor market. This paper introduces a novel framework, integrating “absolute potential of the employee” and “risk associated with leaving the employee”, to address this challenge. Findings from the study suggest that this framework can effectively assist organizations in strategizing retention techniques. The research methodology employed an exploratory research design and collected data from 576 employees across various sectors. The results indicate significant implications for organizational risk assessment and employee retention strategies.

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Published
2022-11-13
How to Cite
Shandilya, S., Kaur, A., & Arora, J. (2022). Organizational risk and employee retention model: Which employees matter and how to retain them?. Human Resources Management and Services, 4(1), 3429. https://doi.org/10.18282/hrms.v4i1.3429
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Article