International Scientific Journal of Engineering and Management

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ISSN: 2583-6129

Impact Factor: 7.839

Research on Long-Term Sustainable Organisational Performance and Employee Retention

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Research on Long-Term Sustainable Organisational Performance and Employee Retention

 

Prof (Dr.)  Surekha Rana1

Dept. of Management Studies

Gurukula Kangri (Deemed to be university),

Haridwar, Uttarakhand

Eakta Pal2

Research Scholar

Dept. of Management Studies

Gurukula Kangri (Deemed to be University)

Haridwar, Uttarakhand

Abstract: These days, a company's ability to retain employees and achieve sustained performance is crucial from a strategic standpoint. For the long-term benefit of the company and its members, it is not only critical to have the greatest and most talented personnel; it is also critical to be able to retain them. The human resources department has a plethora of options and opportunities due to this development and competition. Retaining these resources as well as managing them is the largest problem that organisations are currently facing. Since employees' knowledge and skills are essential to a company's capacity to compete economically, securing and keeping skilled workers is crucial for any organisation. And on the other hand, Sustainable industrialisation is currently being promoted by a number of social and political organisations through cultural changes in regulation through politics, ethics, education, research, and governance. Organisations must constantly modify their strategy in the current competitive business climate in order to address social, economic, and environmental concerns. Organisations are using the advent of Sustainable Human Resource Management (SHRM) as a crucial tool to attain sustainable organisational performance (economic, social, and environmental), which has emerged as a major problem. The current study attempts to review the numerous literature and research work on employee retention and organisational sustainable performance, taking into account the significance and sensitivity of the retention issue to any organisation and importance of sustainable performance of an organisation.

Key Words: Employee Retention, Organisational sustainable Performance,


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