An analysis of employee retention tactics and factors, with particular reference to the IT sector

In a company, staff retention is crucial since it has an impact on productivity. The goal of
this study is to determine how various employee retention techniques, such as performance-based
bonuses, flexible work schedules, timely promotions, and career development programmes, affect
both employee performance and retention. The study's findings indicated that employee retention
techniques have a favourable impact on both staff performance and retention. As employees are
expensive to acquire and difficult to retain, the theoretical framework of this study would encourage
businesses and their employers to consider them vital resources.
Researchers and academics could also benefit from the study's understanding of the
significance of staff retention in an organisation. This study's main goal is to identify and examine the

key determinants that influence employee retention. The following broad factors were examined in-
depth in this study: health and wellness benefits, personal growth, compensation, work-life balance,

recognition and rewards for top performers, superior-subordinate relationships, training and
development, job characteristics and job commitment, monetary rewards, and welfare programmes. A
total of 615 self-administrative questionnaires data is received and the data was analyzed with the help
of SPSS_v20 software.