International Journal in Management & Social Science
Year : 2015, Volume : 3, Issue : 6
First page : ( 344) Last page : ( 354)
Online ISSN : 2321-1784.

Employee Retention Strategies: A Comparative Study of Manufacturing and It Sector

Nirmala N.¹, Dr. Sumangala C.²

¹Research scholar, BIMS, Manasagangotri, University of Mysore, India

²Assistant Professor & HOD, Dept. of Management Science, Yuvaraja's College (Autonomous), University of Mysore, Mysore-570006, India

Online published on 22 June, 2018.

Abstract

The study attempts to compare Employee Retention Strategies adopted by select Manufacturing and IT Sectors) of Mysore region. A total of 610 respondents, 300 from Manufacturing Sector (50 Managers & 250 Non managers) and 310 from IT Sector (50 Managers & 260 Non managers) were selected through random sampling technique. A structured questionnaire was developed by the first author to measure Employee Retention Strategies adopted by the manufacturing and IT Sectors. Two way ANOVA technique was employed to find out the differences between sectors and groups of the respondents including interaction effects. The results revealed that among Managers and Non managers; on most of the strategies a significant difference was observed except for ‘compensation and employer employee relationship’. The respondents from Manufacturing and IT sector were found to have a similar view about Employee Retention Strategies as there was a non-significant difference observed between them. Further the interaction among group, sector and strategies were also found to be non significant.

Top

Keywords

Employee Retention Strategies, Manufacturing sector and IT sector.

Top