Title: Stress Management: A Key To Employee Retention
Author-Name: S.C. Vetrivel, Assistant Professor, School of Management Studies, Kongu Engineering College, Perundurai, Erode, Tamilnadu, India.
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.
Keywords: stress; employee attraction; pressure; turnover; retention strategies
Classification-JEL: A0, C0
Citation: Vetrivel, S.C.. Stress Management: A Key To Employee Retention. Journal of Commerce and Trade, April 2010; 5: 1;Pp.-11.
Paper Code : JCT-A10-SCV-1
Web Address : http://www.jctindia.org/jct/april2010-v5i1-1.pdf
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