Impact on Employee Retention In Accordance with the Lack of Clearly Defined Retention Strategy –
With Reference To College Teaching Professionals
M. Badmapriya 1, Dr. P. Subburethina Bharathi 2
1. Research Scholar, Department of Management Studies, Bharathiar University, Coimbatore, India.
2. Professor, Department of Management Studies, M.A.M College of Engineering & Technology, Trichy, India.
Abstract: - Developing and implementing retention strategies for retaining skilled employees has the likely of providing large cost reserves to an organisation related with employee retention. However, determining the needs of select groups of skilled employees can be difficult to determine in today’s markets. Through a quantitative predetermined research design, this research used a survey to examine the impact of an inherent retention strategy and the retention of college teaching professionals. Strategy can be defined as a specific method which will detail a set of actions that help an organsation to reach a particular goal. Strategy is a continual process of evaluating the present position of the organisation and the position of where it wants to be at a distant point in time. The purpose of this study is to investigate the effectiveness of the proposed retention strategy of the Institutions to retain their Teaching Professionals. The objectives to be achieved for conducting this study are: To determine if the current implicit retention strategy is effectively retaining the teachers. And To determine the impact of the current implicit retention strategy on the perceptions of the teachers. Quantitative analysis is used to measure the correlation between the data sets of the sample. It is anticipated that nonparametric tests such as Kruskal-Wallis Chi-Square test and One way ANOVA were performed on the data collected. The findings of this research study concluded that a large gap exists between organisation's pseudo retention strategy and the perception of needs of their teachers.see more
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