A Study on the Impact of Job Satisfaction on Employee Retention
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Abstract
Satisfaction at the workplace has become one of the primary indicators that determine an organization’s workforce turnover impacts organizational effectiveness, efficiency and success. This paper looks at the correlation between job satisfaction and employees’ turnover intention and their mitigation measures like work environment, remunerations, promotions, leadership and flexible working hours. In this respect, the results of the relationships between these variables and the levels of employee commitment and turnover rates that this study has identified should help organisations improve employee satisfaction to hold on to the best talents. The data is collected from the employees in different organisations through cross-sectional self-completion questionnaires and qualitative interviews. Findings also show that job satisfaction has a positive relationship with employee turnover intentions and costs thereby supporting the organisations to have stable personnel. On the other hand, low job satisfaction results to high turnover and this has an adverse impact on the organizational performance. Finally, the research determines that practice of a positive work climate, remunerations, and career advancement as the right approaches of improving employee retention.
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
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