Study of Recruitment Strategy: With Reference to Employee Retention in Indian Banking and Insurance Sector

Download or read book Study of Recruitment Strategy: With Reference to Employee Retention in Indian Banking and Insurance Sector written by Swati a. Vispute and published by Independently Published. This book was released on 2014-06-30 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: In India, there is a shortage of banking and insurance talent as there is no formal banking andinsurance education. Therefore, it becomes essential to retain the existing talent. Before anorganization thinks about retaining employees it is essential to have in place a strategy thatattracts the right people. Thus, effective recruitment is the first step to retain staff. This bookaims to present findings of study of recruitment strategy adopted by the banks and insurancecompanies in India and retention of their employees. The study reveals the relationshipbetween recruitment strategy and post-hire outcomes of employee retention like commitment, burnout, and turnover intent. The book is important for both practitioners and futureresearchers. Future researchers can replicate the study to develop recruitment and retentionmodel. Practitioners can improve their recruitment strategy considering its retention effects