Role of (QWL) Quality of Work Life on Employee Retention in Private Sector Companies
| Main Authors: | Prof. (Dr.) Gurudatt Kakkar, Ms. GazalYadav |
|---|---|
| Format: | Article Journal |
| Bahasa: | eng |
| Terbitan: |
, 2014
|
| Online Access: |
https://zenodo.org/record/5112658 |
Daftar Isi:
- Intoday’s competitive scenario it is a costly and time taking activity to hire and train an employee and in the due course it is even more difficult to retain the same in the organization. As the WLO (World Labor Organization) defines the Qualified Worker as an employee with standard practices laid by the WLO and on the other hand this qualified worker can contribute to a large extent to the respective organization provided that the organization is able to retain the same. It is high time that organizations are learning how to respect the employee's individuality and their commitment to work more effectively and efficiently. Practically speaking Creating high quality of work life increases an organization's value. Quality of working life (QWL) consists of opportunities for active involvement in group working arrangements or problem solving that are of mutual benefit to employees or employers, based on labor management cooperation. People also conceive of QWL as a set of methods, such as autonomous work groups, job enrichment, and high-involvement aimed at boosting the satisfaction and productivity of workers. It entails employee commitment to the organization and an environment in which this commitment can flourish. Providing quality at work not only reduces attrition but also helps in reduced absenteeism and improved job satisfaction. From this study it is further explored that Not only does QWL contribute to a company's ability to recruit quality people, but also it enhances a company's competitiveness. Common beliefs support the contention that QWL will positively nurture a more flexible, loyal, and motivated workforce, which are essential in determining the company's competitiveness.