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Stress Management: A Key To Employee Retention

Author

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  • 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.

Suggested Citation

  • S.C. Vetrivel, 2010. "Stress Management: A Key To Employee Retention," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 5(1), pages 5-11, April.
  • Handle: RePEc:jct:journl:v:5:y:2010:i:1:p:5-11
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    File URL: http://www.jctindia.org/april-2010-v-5-i-1/april-10-v-5-i-1-jct-1.pdf
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    More about this item

    Keywords

    stress; employee attraction; pressure; turnover; retention strategies;

    JEL classification:

    • A0 - General Economics and Teaching - - General
    • C0 - Mathematical and Quantitative Methods - - General

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