No doubt.docx - No doubt soaring attrition levels are proving to be a serious problem for organizations Concerted efforts to keep retention on a tight

No doubt.docx - No doubt soaring attrition levels are...

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No doubt, soaring attrition levels are proving to be a serious problem for organizations. Concerted efforts to keep retention on a tight leash will definitely help. High retention level will lead to fewer operational problems, greater productivity and soaring morale and huge cost-saving to the organization. Organizations have realized that leaders and leadership skills in creating a culture of employee retention are emerging as the key to why people in the organization stay and what usually drives them away. Diane (2011) underscores the importance of leaders in employee retention. She observes that, hiring practices, rewards and performance management play an important role in retention but it is the leader who makes the difference. Agrela, et al (2008) states the need to focus on the factors that affects retention leading to growth and success of organizations. Studies suggests that retention strategies, which effectively satisfy the needs of all employees consequently enhances the ability for companies to adapt more effectively to ongoing organizational change (Mendez and Stander 2011). According to Rawat
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  • Spring '17
  • Kitakuyi Fred

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