• YUKTA VIJAY KUMAR
• Aparna Vajpayee
• Parag Sanghani

Background: Employee retention is a critical concern for organizations across industries, as high turnover rates can adversely impact productivity, morale, and organizational performance. This study aims to explore the factors influencing employee retention through a comprehensive review of literature, examining the latest research findings and emerging trends in this field. Methodology: A systematic review approach was employed to analyse a diverse range of scholarly articles, journals, and research papers focusing on employee retention. Relevant literature was identified through electronic databases and academic repositories, with a particular emphasis on studies published in the past decade. The review synthesized insights from various disciplines, including human resource management, organizational behaviour, and industrial psychology, to provide a holistic understanding of the factors shaping employee retention strategies. Results: The review identified several key factors influencing employee retention, including compensation and benefits, training and development, employee satisfaction, organizational culture, and industry-specific retention strategies. Moreover, theoretical frameworks such as talent management, job embeddedness theory, and organizational justice provided valuable insights into the complex dynamics of employee retention. Industry-specific studies shed light on effective retention strategies tailored to diverse organizational contexts, highlighting the importance of contextual factors in shaping retention initiatives. Conclusion: The findings underscore the multifaceted nature of employee retention and the importance of adopting a proactive approach to talent management. By addressing key drivers of turnover and implementing targeted retention strategies, organizations can foster a supportive work environment conducive to employee engagement and long-term commitment. Ultimately, prioritizing employee retention is essential for sustaining organizational success, fostering a positive workplace culture, and maintaining a competitive edge in today's dynamic business landscape.

: Employee retention, factors, literature review, organizational performance, talent management, organizational culture, training and development, compensation, job satisfaction.

"Shaping the Future of Workforce Stability: Insights from Employee Retention Research", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 3, page no.k55-k66, March-2024, Available :http://www.jetir.org/papers/JETIR2403A07.pdf

"Shaping the Future of Workforce Stability: Insights from Employee Retention Research", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 3, page no. ppk55-k66, March-2024, Available at : http://www.jetir.org/papers/JETIR2403A07.pdf