Employee Retention – Challenges and Realities Faced by Corporates for New Recruits as well as Existing Employees

Identifying and nurturing employee’s talents andproviding them the right opportunity to grow in theorganization according to their skills, competencies, andwants will not only reduce attrition of the existingemployees but also provide a congenial atmosphere forthe new recruits to adapt to the changed scenario andsettle-down faster.It will helps them in understandingand addressing the organization’s goal and linking thesame to individual achievements. The study reveals howidentifying employee needs and providing them the rightplace in the organization to grow reduces the existingemployees’ attrition and provide the new recruits a betteracceptance and support in the organization.