Job Satisfaction and Employee Retention Essay

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Employee satisfaction is undoubtedly the best predictor of employee retention. A job environment consisting of good working relationships usually fosters employee satisfaction. Employees feel motivated as they believe that the company is appreciating their service and commitment. Job satisfaction results in employee retention. Employee retention could be defined as the length of time employees stay with the organization. The purpose of this report is to brief the management on the importance of employee satisfaction in achieving the competitive goals of the organization through increasing the retention of the employees. Description and background As per preliminary analyses conducted with job satisfaction and anticipated job…show more content…
Job loss was delayed in experimental participants compared with controls, p = 0.03. It was thus established that Satisfaction scores for the job retention intervention were substantially higher. Allayer, S. H., Niue, J., & Lavelle, M. P. (2005). Employment and satisfaction outcomes from a job retention intervention delivered to persons with chronic diseases. Rehabilitation Counselling Bulletin, 48(2), 100-109. As per Phillips, (1998) and Meglino, Ravlin, & De Nisi, (2000) pragmatic job information given during the recruitment process was linked with positive work outcomes like job satisfaction and low turnover. Another study by Boles, Ross, & Johnson, 1995 and MacHatton Van Dyke, & Steiner, 1997 concluded that turnover rate was affected by employees' personal characteristics and demographic, job satisfaction, work environment, motivation, external environment, absenteeism and job performance. Beadles et al. (2000) found a positive and significant correlation between job retention and organizational performance. This fact has been supported by most of the researchers. Cohen 1993; Hom and Griffeth 1995 and Allen, Shore & Griffeth 2003 concluded that turnover intentions were heavily influenced by job satisfaction. Steers (1977) found out that tenure was the single best predictor of turnover because it represented an employee's past behaviour and summarized his or her relationship with the organization. As per the attraction selection attrition
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