The Study of Job Satisfaction Factors on Employee Retention on It Industry in NCR

Abstract

Job satisfaction is considered to be one of the most essential variables in the life of an employee of any organisation. Employee satisfaction is a measure of how happy workers are with their job and working environment. Job satisfaction refers to the positive attitudes or emotional feelings of people about the work or about various aspects of work. In today’s era, because of global competition, talented employee retention becomes challenge for the organization. Employee Job satisfaction and employee retention are closely related with each other. The growing interest in job satisfaction is justified by the fact that in today’s business conditions, employees and their knowledge are becoming key factors in achieving competitive advantage. Companies that build work environments that attract, motivate, and retain talented employees will be better positioned to succeed in today’s competitive business world that demands quality and cost-efficiency. The main challenges that organizations are facing today is not only managing its HR but also satisfying and retaining them. Thus, the objective of this paper was to: examine the factors which affect the job satisfaction of employees. Determine the affect of job satisfaction on employees’ retention and suggest recommendations on possible ways to improve employees’ retention.