5 Ps - Reasons for attrition and key points for retention
The job demand is as high as the demand for potential resources. Recruitment finds its fulfillment at the satisfaction of both parties. Retention of a completely satisfied potential resource is in the hands of the organization. While organizations want more productivity, employees expect their companies to keep them on par with the growing technologies. When the expectations fail to go hand in hand the possibility of an employee leaving the organization is high. This may take the form of absconding, termination, or resignation. Discussed below are the 5Ps , behind an employee leaving an organization. There are quite a lot of reasons and measures taken to retain the workforce. The purpose of this piece of work is to mention the areas where tech start-ups fail to concentrate while framing their strategies. The first is the Policy. The HR policies followed in the company are one main reason among many. It plays a significant part in retaining employees. Start-ups as they claim to be i