The capacity of an organization to keep employees for a predetermined amount of time is referred to as employee retention. Organizations in the United Arab Emirates, the Gulf Cooperation Council, and the Kingdom of Saudi Arabia (KSA) must focus on employee retention to cut down on the time and money spent replacing workers, maintain productivity, and establish a stable workforce that is enthusiastic about their work.
Competitive compensation and benefits packages, career advancement opportunities, a positive work environment, and initiatives to increase employee engagement are all examples of retention strategies. Policies and procedures that encourage work-life balance, provide opportunities for employee feedback, and acknowledge employee contributions may also be implemented by businesses.
A thorough comprehension of employees' requirements and preferences, as well as an awareness of industry trends and labour market conditions, are necessary for effective retention strategies. A supportive work environment that encourages innovation, encourages employee engagement, and supports the organization's goals and objectives is essential.