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Managing Retention as a Stratagem for Employee Job Satisfaction and Organizational Competitiveness in the ITeS Sector

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  • Chandra Sekhar Patro

    (Department of Management Studies, Gayatri Vidya Parishad College of Engineering (Autonomous), India)

Abstract

In this continuously changing contemporary economy, organizations, particularly ITeS, have to be able to antedate technological innovations and compete with other enterprises globally. This need makes important a company's ability to evolve through its employees' learning and continuous development. Securing and retaining skilled employees plays a significant role in this process, as employees' knowledge and skills are essential to an organizations capability to be economically competitive. This is possible only when the employees are satisfied with the work and the organizational strategies adopted to retain them. Therefore, the study focuses on the organizational retention strategies that influence employee job satisfaction. The results indicate that the six constructs have a significant positive association with job satisfaction. Further, the demographic variables have a significant association with the employee retention constructs. The ITeS organizations could use the conclusions to identify the downsides and make necessary improvements in enhancing employee job satisfaction.

Suggested Citation

  • Chandra Sekhar Patro, 2022. "Managing Retention as a Stratagem for Employee Job Satisfaction and Organizational Competitiveness in the ITeS Sector," International Journal of Human Capital and Information Technology Professionals (IJHCITP), IGI Global, vol. 13(1), pages 1-20, January.
    • Handle: RePEc:igg:jhcitp:v:13:y:2022:i:1:p:1-20
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    References listed on IDEAS

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    1. Chhavi Krishna & Rajesh Kumar Upadhyay & Khaliq Rehman Ansari & Veeralakshmi Babu, 2022. "Transformational leadership and employee retention: a moderated mediation model of intrinsic motivation and perceived organisational support," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 19(2), pages 135-153.
    2. Chandra Sekhar Patro, 2015. "Employee Welfare Measures in Public and Private Sectors: A Comparative Analysis," International Journal of Service Science, Management, Engineering, and Technology (IJSSMET), IGI Global, vol. 6(1), pages 22-36, January.
    3. Koon Vui-Yee & Khoo Paggy, 2020. "The Effect of Work Fulfilment on Job Characteristics and Employee Retention: Gen Y Employees," Global Business Review, International Management Institute, vol. 21(2), pages 313-327, April.
    4. Moaz Nagib Gharib & Ahmad Taha Kahwaji & Mohammed Osman Elrasheed, 2017. "Factors Affecting Staff Retention Strategies Used in Private Syrian Companies during the Crisis," International Review of Management and Marketing, Econjournals, vol. 7(2), pages 202-206.
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