Employee Retention

Introduction The topic we are doing our question paper on is Employee guardianship in IT industry-India. Employee retention is a process in which employees are encouraged to stay loyal to an organization for a upper limit period of time. It involves designing strategies by employers for their organizations to ensure effective and indestructible solutions to improve employee retention and commitment to their jobs and organization as a whole. We researched this topic in light of the current economic scenario where in spite of high unemployment, dearth of job opportunities and an overall reproachful job market, employers are still having difficulty in tutelage their employees committed for the long term. The entire hiring process, selection, recruitment, and so on is exceedingly costly and time consuming; hence it is a grace if such hard efforts by organizations are put to muck up in terms of high employee turnover. Therefore we necessitate to research on techniques and cost effective strategies that employers cannister utilize to turn back the best employees and have an overall dedicated workforce.

Since the IT industry has a major chunk of employees being outsourced, the BPO (Business Process Outsourcing) Industry is hearty associated with the information technology industry categorizing it as an ITES industry or Information Technology Enable Service. India has revenues of US$10.9 billion from seaward BPO and has revenues of US$30 billion from IT and total BPO (2008). India thus has around 5-6% share of the total BPO Industry. [ (Sander, 2004) ]. We especially chose the IT industry of India, as India is a very close neighbor of Pakistan and the issues that exist there too happen in Pakistan. Hence, based on our study of the Indian IT industry, we will be able to give sufficient recommendations that can be followed in Pakistan as well. The reason for choosing the IT industry is that India has render an IT hub for the world, despite that fact; the turnover in the industry is very... If you want to get a full essay, order it on our website: Ordercustompaper.com

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