A STUDY EMPLOYEE RETENTION IN STARTUP COMPANIES

A STUDY EMPLOYEE RETENTION IN STARTUP COMPANIES

Authors

  • Bhavik U. Swadia

Keywords:

Startup, Employee, Retention, India

Abstract

India has actually become a 'nation' in the beginning. Since 2010, the Indian starting point of view has seen a tremendous growth in innovative startup and the beginning of this country, which is home to a new breed of youth startup, evidently developed to become the third largest form of technology startup in the world. Within a year, the number of start-ups has increased by 40% and by the end of 2015 it is expected to exceed 4,200. Trowner is a very expensive case for organizations. And it greatly influences the organization's performance. High employee turnover also damages the bottom line of the company. Experts estimate that there is twice the cost of an employee's salary to find and train a replacement. And it can also harm the morale among the remaining employees, so it is very important to understand the overall effectiveness of strengthening the importance of controlling turnover rates. This study will try to understand the effects of startup companies which maintain employees.

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References

 De Mesquita Ferreira, L. C., & de Aquino Almeida, C. B. (2015). Employee Turnover and Organizational Performance: a Study of the Brazilian Retail Sector. Brazilian Business Review (English Edition), 12(4), 27-56.

 James, L., & Mathew, L. (2012). Employee Retention Strategies: IT Industry. SCMS Journal Of Indian Management, 9(3), 79-87.

 Memon, M. A., Salleh, R., Baharom, M. R., &Harun, H. (2014). Person-Organization Fit and Turnover Intention: The Mediating Role of Employee Engagement. Global Business & Management Research, 6(3), 205-209.

 SMITH, J., & MACKO, N. (2014). Exploring The Relationship Between Employee Engagement And Employee Turnover. Annamalai International Journal Of Business Studies & Research, 6(1), 56-69.

Additional Files

Published

10-10-2017

How to Cite

Bhavik U. Swadia. (2017). A STUDY EMPLOYEE RETENTION IN STARTUP COMPANIES. Vidhyayana - An International Multidisciplinary Peer-Reviewed E-Journal - ISSN 2454-8596, 3(2). Retrieved from https://vidhyayanaejournal.org/journal/article/view/254

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