A Management Study of Employee Retention Practices in Baloda Bazar-Bhatapara, Chhattisgarh with special Reference to Shree Cement

Abstract

Organizational stability is critical for bolstering India's road to self-sufficient growth, particularly in the growing manufacturing sector. Employee retention is critical in this process since keeping skilled and experienced staff improves workforce continuity, productivity, and long-term competitiveness while reducing operational disruptions. This study looks at staff retention techniques at Shree Cement in Baloda Bazar-Bhatpara, Chhattisgarh, and evaluates their impact on organizational stability. A descriptive research design was used, with primary data from 150 employees obtained via structured questionnaires, supplemented by secondary information from journals, corporate reports, and published literature. The findings indicate that salary, opportunities for growth, training, and a supportive work environment all have a major impact on employee retention and organizational stability. A strong positive association was found between successful retention tactics and organizational performance, demonstrating that employee-centric HR policies reduce turnover and increase stability. The study indicates that strategic employee retention promotes both long-term organizational success and India's overall goal of self-reliance by increasing human capital and industrial resilience, while also providing practical recommendations for improving retention methods.