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These studies suggest that employee retention is influenced by factors such as performance appraisals, training and development, affective commitment, job satisfaction, appreciation, personal development, financial rewards, career development, job characteristics, management support, recognition, work-life balance, leadership style, supportive work environment, organizational commitment, person-organization fit, firm-based factors, and employee engagement.
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Employee retention (ER) is a critical aspect of human resource management, as it directly impacts organizational success and competitiveness. Understanding the factors that influence ER can help organizations develop effective strategies to retain their valuable employees. This synthesis explores various factors influencing ER based on multiple research studies.
Performance Appraisal and Training & Development:
Work Environment and Organizational Support:
Job Satisfaction and Affective Commitment:
Compensation and Financial Rewards:
Career Development and Opportunities:
Work-Life Balance:
Employee Engagement and Psychological Factors:
Leadership and Management Support:
Employee retention is influenced by a combination of factors, including performance appraisals, training and development, supportive work environments, job satisfaction, compensation, career development, work-life balance, employee engagement, and effective leadership. Organizations that prioritize these factors can develop robust retention strategies, ensuring they retain their valuable employees and maintain a competitive edge.
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