IJCRT( ISSN: 2320-2882 ) International Peer Reviewed and Refereed Journals, Open Access Journal apply for | UGC Approved Journal, ugc approved journal, ugc approved list of journal, ugc care journal, care journal, UGC-CARE list, New UGC-CARE Reference List, UGC CARE Journals, ugc care list of journal, ugc care list 2020, ugc care approved journal, ugc care list 2020, new ugc approved journal in 2020, Low cost research journal, Online international research journal, Peer-reviewed, and Refereed Journals, scholarly journals, impact factor 7.97 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool)

INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)

International Peer Reviewed & Refereed Journals, Open Access Journal

ISSN: 2320-2882 | Impact factor: 7.97 | ESTD Year: 2013

Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 7.97 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)

Submit Your Paper
Login to Author Home
Communication Guidelines

  Published Paper Details:

  Paper Title

EMPLOYEE MOTIVATION AND RETENTION: ISSUES AND CHALLENGES IN STARTUP COMPANIES

  Authors

  Anjali Kunampurat Paul,  Dr. Theresa Nithila Vincent

  Keywords

Startups, HR challenges, retention, motivation, strategies

  Abstract


Retaining qualified employees in a labor-intensive, demanding, and fast-paced work environment is a major struggle for all industries more so for a startup company. As startups attempt to offer a new product/service in the market, it brings along a lot of challenges for the employers such as problems in dealing with competition, uncertainty about future of the product, irregular earnings at early stages, changes in tax policies and regulatory framework, high salaries paid by competitors etc., all of which contribute to the challenges in retaining employees in startups. Thus, proper motivational strategies for retaining employees are imperative. The purpose of this paper is to explore the issues and challenges faced by employers of startup companies in motivating and retaining their employees and offer suggestions to overcome these challenges. The paper is based on primary data collected from the employers of startup companies mainly founders, co-founders and managers. The data was analyzed using factor analysis. The findings indicate a common problem almost all startups face i.e. their manpower juggling with multiple roles and responsibilities that are caused by attrition. The practical implication of this study lies in the fact that it draws attention to the issue of employee turnover in startups and the need for managers to adopt strategies that will motivate and retain them and enhance their performance.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT1802267

  Paper ID - 182274

  Page Number(s) - 2050-2056

  Pubished in - Volume 6 | Issue 1 | February 2018

  DOI (Digital Object Identifier) -    http://doi.one/10.1729/IJCRT.17290

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Anjali Kunampurat Paul,  Dr. Theresa Nithila Vincent,   "EMPLOYEE MOTIVATION AND RETENTION: ISSUES AND CHALLENGES IN STARTUP COMPANIES", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.6, Issue 1, pp.2050-2056, February 2018, Available at :http://www.ijcrt.org/papers/IJCRT1802267.pdf

  Share this article

  Article Preview

  Indexing Partners

indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
ISSN and 7.97 Impact Factor Details
ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
ISSN
DOI Details

Providing A Free digital object identifier by DOI.one How to get DOI?
For Reviewer /Referral (RMS) Earn 500 per paper
IJCRT RMS | Earn 500 Per Paper.
Our Social Link
Open Access
This material is Open Knowledge
This material is Open Data
This material is Open Content

Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 7.97 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)

indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer