A Study of Organisational Culture and Its Effect On Employee Retention

ASBM Journal of ManagementVol. 2 Nbr. 2, July 2009

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Summary


This paper tries to identify the key factors which affect employee performance and attempts to understand the effect of organisational culture on employee retention. In the modern organisation, employee retention is the key term which summarizes all HR efforts. Various methods are being employed in order to ensure high employee morale and also to asses employee expectation and match them in order to check attrition. However, for these methods to become effective, the quality of employees and the organisational culture play a major role. This paper explores the overall satisfaction of employee with regard to organisational culture. It also studies the expectations of employees from organisations to understand the changes needed in the organisational culture to improve retention rates.

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Extract


A Study of Organisational Culture and Its Effect On Employee Retention

1. Introduction

Organisations these days are going through a situation where the number of employees is large but the quality is lacking. With a large number of B-school graduates hitting the market each year, it is even more difficult for organisations to deal with skill shortage. Moreover with the transition from traditional way of functioning to MNC culture, organisations are also finding it difficult to adapt to changing situations. Employee loyalties are shifting and hence, it becomes very important for companies to ensure that they find the right people for the organisations and these employees blend into the organisational culture, The challenge is even more critical in countries like India, because the ...

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