Stress Management: A Key To Employee Retention
Journal Title: JOURNAL OF COMMERCE AND TRADE - Year 2010, Vol 5, Issue 1
Abstract
Employees today are different. They are not the ones who don’t have good opportunities in hand. As soon as they feel dissatisfied with the current employer or the job, they switch over to the next job. It is the responsibility of the employer to retain their best employees. If they don’t, they would be left with no good employees. A good employer should know how to attract and retain its employees. Workers rank stress as a top reason they would leave their company, yet only 50% of employers offer stress management programs to employees primarily because they are perceived to have low impact on employee attraction and retention. Stressful work environments tend to be high turnover environments. It’s not just about treating the symptoms of stress with massages and yoga classes, but actually delving into the company’s work processes and culture to figure out potential causes of pressure such as lack of supervisor and co-worker support, inadequate feedback, workload, expectations not met, mismatch between the person and the role, mismatch between person and the culture of the firm, insufficient opportunities for growth and advancement, insufficient recognition, dissatisfaction with pay, lack of work life balance, loss of confidence in the firm, particularly leadership. A stressful workplace is rarely a productive one. So the employers must develop retention strategies or take essential stress management key to retain existing employees in the workforce.
Authors and Affiliations
S. C. Vetrivel
Keywords
Related Articles
- EP ID EP250139
- DOI -
- Views 81
- Downloads 0
Performance Improvement through Implementation of Lean Maintenance
Lean Maintenance is a relatively new term, invented in the last decade of the twentieth century, but the principles are well established in Total Productive Maintenance (TPM). Lean Maintenance—taking its lead from Lean M...
Growth of Indian Rural Market : An Invitation to FMCG Sector
Fast moving consumer goods (FMCG) have attracted Indian villagers, when the urban demands for the goods are getting saturated, the manufacturing companies look at this development as an opportunity, Large FMCG companies...
A Study on the Development of Agriculture and Changing Cropping Pattern
In studying the various facets of agriculture, the first and the foremost thing to know about is regarding the pattern crops, the production of various crops, and the productivity of land and the inputs in respect of the...
Emergence of Chinese Products in India - Impact on Indian Industries and Reforms
Come any occasion and the Indian consumer is ready to make a beeline to purchase another of those Chinese goods. For one, these Chinese goods are substantially cheaper than Indian goods and come in wide varieties. In ver...
NPA Management in Regional Rural Banks (A Case Study of Manipur Rural Bank)
The present study is an attempt to analyze the Non Performing Assets (NPAs) of Manipur Rural Bank (MRB). Adequate credit availability to the rural masses is also one of the main objectives of the Government of India. It...