• Dr.N.Srinivas

Employee turnover is one of the largest though widely unknown costs an organization faces. While companies routinely keep track of various costs such as supplies and payroll, few take into consideration how much employee turnover will cost them: Ernst & Young estimates it costs approximately $120,000 to replace 10 professionals. According to research done by Sibson & Company, to recoup the cost of losing just one employee a fast food restaurant must sell 7,613 combo meals at $2.50 each. Employee turnover costs companies 30 to 50% of the annual salary of entry-level employees, 150% of middle-level employees, and up to 400% for upper level, specialized employees. Now that so much is being done by organizations to retain its employees.

A STUDY ON EMPLOYEE’S RETENTION STRATEGIES

"A STUDY ON EMPLOYEE’S RETENTION STRATEGIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.1, Issue 6, page no.164-170, November-2014, Available :http://www.jetir.org/papers/JETIR1701A18.pdf

"A STUDY ON EMPLOYEE’S RETENTION STRATEGIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.1, Issue 6, page no. pp164-170, November-2014, Available at : http://www.jetir.org/papers/JETIR1701A18.pdf