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

Sumit Shandilya; Avleen Kaur; Jaskiran  Arora

doi:10.18282/hrms.v4i1.3429

Sumit Shandilya School of Management, BML Munjal University, Gurgaon 122413, India; QGS Group, New Delhi 110015, India
Avleen Kaur School of Management, BML Munjal University, Gurgaon 122413, India
Jaskiran Arora School of Management, BML Munjal University, Gurgaon 122413, India

Ariticle ID: 3429

120 Views, 65 PDF Downloads

DOI: https://doi.org/10.18282/hrms.v4i1.3429

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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