Madhuri Tripathi
Commerce
March 2023
One of the major challenges that the associations are now facing is employee retention. This problem also has an influence on the banking industry. The objective of the investigation is to grasp, look at, and evaluate the banks' retention strategy. Two public banks, like SBI Bank, are considered for the assessment together with one private bank, HDFC Bank. The banks have carried out several innovative initiatives in terms of career advancement, compensation, retirement benefits, execution analysis, and so on. Particularly in the banking industry, employee retention has been a growing source of worry. In order to promote staff retention strategy, scientists have tried to understand the necessity of a beneficial combination of financial and non-financial variables in the group of bank workers
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