EMPLOYEE RETENTION IN ROMANIA.
A CASE STUDY OF ROMANIAN IT COMPANIES
DOI:
https://doi.org/10.56177/11icmie2023.38Keywords:
employee retention, workforce expectations, development opportunities, retention factors, work environmentAbstract
Employee retention is a critical aspect of organizational success in today's competitive business environment. This study presents a quantitative research methodology aimed at investigating employee retention, focusing on two primary objectives. Firstly, it seeks to identify the root causes of high turnover rates within an organization, including factors such as dissatisfaction with compensation, limited opportunities for growth, work-life balance issues, management challenges, and other potential contributors. Secondly, the research aims to gain a comprehensive understanding of employee expectations concerning the workplace and the organization. The study's findings contribute to the development of evidence-based strategies for employee retention, tailored to address the identified root causes and align with employee expectations. By quantitatively analyzing these crucial aspects, organizations can make informed decisions and implement practices that foster a more engaged and satisfied workforce, ultimately reducing turnover rates and enhancing overall productivity and success.
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