A Study on Understanding Employee Attrition- Causes and Consequences in the Workplace
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Abstract
The purpose of this study is to pinpoint the reasons for workplace employee attrition by analysing the relationship between work-life balance, growth opportunities, stress, and overall job satisfaction. The study surveyed 110 samples of employees and analyzed the data using statistical analysis techniques. The findings show that work- life balance, lack of growth opportunities, and stress are the primary causes of employee attrition. The study also discovered a negative relationship between the frequency of working overtime and work-life balance satisfaction as well as a relationship between workplace stress levels and work-life balance satisfaction. On the other hand, the study discovered a favourable association between the level of satisfaction with the organization's support for stress management and the level of contentment with work-life balance.
These findings provide insights for HR professionals to focus on improving work-life balance, providing opportunities for growth, and managing stress levels to reduce employee attrition rates.