Quality of Work Life and its Role in Employee Retention: An Empirical study

Abstract

Employee retention is greatly influenced by the quality of work life (QWL). Businesses that place a high priority on work-life balance, job security, a supportive workplace culture, opportunity for professional advancement, and employee appreciation generate an atmosphere where employees feel satisfied and engaged. Higher retention rates are the result of this. Organizations may save money by keeping their current staff members, which both boosts productivity and protects institutional knowledge. Organizations can use tactics like employee engagement programmes, work-life balance initiatives, training and development opportunities, competitive pay and benefits packages, effective leadership and communication, employee well-being initiatives, and ongoing feedback mechanisms to improve QWL and encourage retention. By prioritizing employee satisfaction and providing a supportive work environment, organizations can cultivate a motivated and committed workforce, leading to long-term organizational success.