Retaining High Performing Employees through Job Satisfaction: A Theoretical Construct

Abstract

One of the greatest challenges for today’s managers lies in building a workplace that employees want to remain with and outsiders want to be hired into. Therefore, an employer’s foremost responsibility is retention of its best employees and this can be achieved only by keeping the employees satisfied and motivated. This paper helps in identifying the various determinants of job satisfaction and suggests some strategic initiatives which contribute to job satisfaction and ultimately to employee retention. A few models depicting the relationship between job satisfaction and its positive outcomes as well as the outcomes of employee retention have also been proposed based on theoretical review of research studies conducted in the past.