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Human Resource: Strategies Reducing Employee Attrition
Author Name : Mr. Mohamed Faisal S, Mr. Mohammed Mushtaq Ali T R, Dr. Moli Ghosh
ABSTRACT Employee attrition is a significant challenge for organizations, impacting productivity, morale, and financial stability. Effective human resource strategies are essential for mitigating this issue and fostering a stable workforce. This paper explores various HR strategies designed to reduce employee turnover. It examines approaches such as enhancing employee engagement, implementing competitive compensation packages, and offering robust career development opportunities. Additionally, it considers the role of positive workplace culture, work-life balance initiatives, and comprehensive onboarding processes in improving employee retention. By analyzing these strategies, the study aims to provide actionable insights for organizations seeking to minimize attrition and build a more committed and satisfied workforce.