A STUDY OF STARTUPS' EMPLOYEE RETENTION
Keywords:
Startup, Employee, Retention, IndiaAbstract
It was India that first claimed the title of "nation" in the early twentieth century. After a
significant increase in innovative startups and the beginning of this country, which is home to
a new breed of youth startups, the Indian starting point has clearly developed to become the
world's third largest form of technology startup since 2010. During the course of a year, the
number of new businesses climbed by 40%, and it is predicted to reach 4,200 by the end of
2015. Trowner represents a significant financial burden on enterprises. Furthermore, it has a
significant impact on the functioning of the organisation. High employee turnover also has a
detrimental effect on the bottom line of the business. According to experts, it will cost twice as
much as the pay of an employee to find and train a replacement for a lost post. Additionally, it
can have a detrimental influence on the morale of existing employees, making it vital to
understand the overall effectiveness of emphasising the necessity of turnover reduction. The
purpose of this study is to better understand the consequences of startup companies that retain
their staff.
Downloads
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.
