The Impact of Employees Retention Strategies and Sustainable Organizational Performance: A Case Study of Hyderabad Business Schools

Authors

  • Amanullah Parhyar Lecturer, Department of Business Administration, Government College University Hyderabad. Author
  • Zubair Akbar Memon Lecturer, Department of Business Administration, Government College University Hyderabad. Author
  • Hina Ahmed Lecturer, Department of Business Administration, Government College University Hyderabad. Author

Keywords:

techniques, retention, organization, performance

Abstract

This main objective of this study is investigated the impact of employee retention strategies and sustainable organizational performance of Hyderabad business schools. The human resource management in every organization plays a significant role to manage employees in proper way. However, there are number organizations face difficulties in retaining the competent employees to perform and attain the sustainable organizational performance. Therefore, this study investigates the relationship between impact of employee’s retention techniques and sustainable organizational performance. For this a structured questionnaire method technique is used to collect the data from 180 respondents, from only 158 respondents were analyzed and evaluated as a primary data collection technique. After the collection of primary data it was analyzed with the help of SPSS social sciences statistical software. A two-tailed Chi-square (x2) analytical methodology (error=0.05 per cent) was utilized to investigate the precise relationship between employee retention strategy and performance.

References

Agarwal, N.C. (1998). Reward systems: Emerging trends and issues. Canadian Psychology/Psychologie Canadienne, 39(1-2),

Al-Suraihi, W.A., Samikon, S.A., Al-Suraihi, A.H.A., & Ibrahim, I. (2021). Employee turnover: Causes, importance and retention strategies. European Journal of Business and Management Research, 6(3), 1-10.

Armstrong, M. (2006). A handbook of human resource management practice. Kogan Page Publishers

Cardy, R.L., & Lengnick-Hall, M.L. (2011). Will they stay or will they go? Exploring a customer-oriented approach to employee retention. Journal of Business and Psychology, 26(2), 213-217.

Clardy, A. (2005). Reputation, goodwill, and loss: entering the employee training audit equation. Human Resource Development Review, 4(3), 279-304.

Ekhsan, M. (2019). The influence job satisfaction and organizational commitment on employee turnover intention. Journal of Business, Management, & Accounting.

Hematifar, S., & Bali, M. (2018). Investigating the role of employee participation in strategic decision makers.

Heneman, H.G., & Judge, T.A. (2003). Staffing Organisation(4th edition). Boston.

Heneman, R.L., C. H. Fay & Z.M. Wang (2001). Compensation Systems in Integrating Strategy Formulation: A Review of Systems and Frameworks. International Journal of Management Reviews (IJMR), 40(4).

Hussein, A.M., Taher, M.H., & Hameed, L.M. (2021). Employees retention strategy and its impact on organizational memory: an exploratory research for the opinion of faculty members at private colleges on Baghdad. Academic Journal of Interdisciplinary Studies, 10(1), 357-357.

Iyayi, F.I.O. (2002). Decision-making in underdeveloped organizations: an exploratory investigation. Nigeria Journal of Business Administration, 4(1), 1-22.

Kossivi, B., Xu, M., & Kalgora, B. (2016). Study on determining factors of employee retention. Open Journal of Social Sciences, 4(05), 261.

Kumar, A.A., & Mathimaran, K.B. (2017). Employee Retention Strategies –An Empirical Research. Global Journal of Management And Business Research.

Linge, T.K. (2019). Job Rotation And Employee Motivation: A Case Of Small ICT Firms In Nairobi Kenya. Journal of Language, Technology & Entrepreneurship in Africa, 10(1), 133-138.

Ma, Q.K., Mayfield, M., & Mayfield, J. (2018). Keep them on-board! How organizations can develop employee embeddedness to increase employee retention. Development and Learning in Organizations: An International Journal.

Mabaso, C.M., Maja, M.T., Kavir, M., Lekwape, L., Makhasane, S.S. & Khumalo, M.T., (2021). Talent retention strategies: An exploratory study within the consulting industry in Gauteng province, South Africa. Acta Commercii, 21(1), 1-14.

Mobley, W.H., R.W. Griffeth, H.H. Hand and B.M. Meglino (1979). Review and N.J.: FT Press. Nigeria. Ife Psychologia: An International Journal of Psychology in oriented approach to employee retention. Journal of Business and Psychology, 26(2), 213-217.

Ohunakin, F., Adeniji, A., & Oludayo, O. (2018). Perception of frontline employees towards career growth opportunities: implications on turnover intention. Business: Theory and Practice, 19, 278-287.

Okoh, A.O. (1998). Personnel and human resources management in Nigeria. Organisational Commitment on Job Satisfaction and Employee in Pharmaceutical Industry. African Journal of Business Management, 5(17), 7316-7324.

Padhi, A., Mitra, A., & Paul, S. (2020). A Study on the Analysis of Training and Retention Strategies in some selected IT sectors at Odisha. In 2020 International Conference on Computer Science, Engineering and Applications (ICCSEA), 1-5.

People-Management Magazine (2006). Recruitment-Talent Management. Perceived Organisational Support, Journal of Business and Public Affairs, 2(1).

Scandura, T.A., & Williams, E.A. (2004). Mentoring and transformational leadership: The role of supervisory career mentoring. Journal of Vocational Behavior, 65(3), 448-468

Schunk, D.H., & DiBenedetto, M.K. (2020). Motivation and social cognitive theory. Contemporary Educational Psychology, 60, 101832.

Sherman, D., Alper, W., & Wolfson, A. (2006). Seven things companies can do to reduce attrition. Journal of South African Institute of People Management, 24(3), 8-11.

Singh, D. (2019). A literature review on employee retention with focus on recent trends. International Journal of Scientific Research in Science and Technology, 6(1), 425-431.

Sumbal, M.S., Tsui, E., See-to, E., & Barendrecht, A, (2017). Knowledge retention and aging workforce in the oil and gas industry: a multi perspective study. Journal of Knowledge Management, 21(4).

Supatn, N., & Puapradit, T. (2019). Roles of expectancy on employee engagement and job performance. Journal of Administrative and Business Studies JABS, 5(2), 88-98.

Downloads

Published

2021-12-31

How to Cite

The Impact of Employees Retention Strategies and Sustainable Organizational Performance: A Case Study of Hyderabad Business Schools. (2021). International Research Journal of Management and Social Sciences, 2(3), 122-133. https://irjmss.com/index.php/irjmss/article/view/185

Similar Articles

1-10 of 83

You may also start an advanced similarity search for this article.

Most read articles by the same author(s)