THE LEVEL OF EMPLOYEE RETENTION IN INSURANCE COMPANIES IN BATTICALOA DISTRICT

Human Resource Management

Human capital is considered as key capital within the organization. Each and every company spends lot of money to hire, select, induct and compensate talented people in organization. Any lose and turnover of these talents create huge lose to organizations with compare to other expenses which are associate with employees. On this regards, this study was to examine the level Employee retention in Insurance companies in Batticaloa district. Employee retention is an act of retain valuable employees within the organization for longer period of time. However, operation of retaining employees for longer period with them is a grand task for every employer, because most of the human resources are not attached for longer period in one place, if they are not fully satisfied. Commonly, insurance companies are facing similar retention problem compare to other business. Therefore, main objective of this study is to analysis the level of employee retention in insurance companies in Batticaloa district. Finding of the study shows, there is a high level of Employee retention in insurance companies.

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