Determinants of Employee Attrition in the Organized Retail Sector: Evidence from Bangalore City
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Abstract
In the organized retail sector, employee attrition is a serious issue that jeopardizes productivity, service quality, and performance. The study looks into the factors that drive employee attrition in retail organizations in the City of Bangalore. The study involved the development of structured questionnaires to collect primary data from 180 employees involved in the organized retail sector in relation to issues such as job gratification, remuneration, career advancement, work-life stability, and culture within the organization. Correlation and regression are conducted for statistical analysis to ascertain the most important employee attrition predictors. The study investigates the influence of recompense, career mentorship, and work-life stability on employee attrition in the organized retail sector in Bangalore, while job satisfaction and organizational culture influence employee attrition predictions. The study recommends actionable inputs for HR managers to develop strategies for targeted retention efforts and stabilizing workforce relationships in the competitive retail market in Bangalore.