The Role of HR in Employee Retention Strategies in banking sector

To assess the impact of employee retention on organizational performance.

Measure how retention rates affect productivity, customer service, and profitability.

Link low turnover to long-term business success.

To recommend effective HR strategies for improving employee retention in banks.

Suggest improvements in training, leadership, compensation, and workplace culture.

Propose data-driven HR interventions to reduce attrition.

Literature Review – Research existing studies on HR retention strategies in banking.

Survey Design – Prepare questionnaires for bank employees (focus: job satisfaction, turnover reasons).

HR Interviews – Conduct discussions with HR managers on retention policies.

Data Collection – Gather responses from employees (quantitative + qualitative).

Case Studies – Analyze retention models from top-performing banks.

Data Analysis – Use tools (Excel, SPSS) to identify trends in turnover/retention.

Comparative Study – Contrast retention strategies across different banks.

Report Writing – Document findings, analysis, and recommendations.