Revue du Journal arabe des affaires et de la gestion

The Effectiveness of Retention Strategies’ on Employee Retention

Abstract

Fanisi Temitope Babatunde and Edward David Onoja

Employees are the most valuable assets of any organization. It is therefore profitable for an organization to treasure and do everything possible to keep and safeguard those assets. While employee turnover at the end is inevitable, it should however be minimized to the barest minimum. This is because investments on human capital can only be productive when an employee remains with an organization for a longer period of time. Human resource managers have a whole lot of work to do in formulating strategies that will not only reduce employee turnover but also eradicate it if possible. This study attempts to clarify views and explanations on employee retention and strategies for retaining employees using relevant literatures and previous views on the concepts.