UNDERSTANDING EMPLOYEE ATTRITION RATE IN HEALTHCARE SECTOR OF INDIA

Abstract

Employee attrition poses a significant challenge in the healthcare sector, particularly within hospital settings. This abstract provides a succinct overview of the multifaceted issue of employee attrition in hospitals, exploring its various determinants and proposing effective strategies for mitigation. The chapter delves into the intricacies of factors such as job satisfaction, workload, career development, and compensation, shedding light on their influence on staff retention. The examination of employee attrition is approached from both theoretical and practical perspectives, aiming to equip hospital administrators with actionable insights. Strategies for retaining hospital staff, including engagement initiatives, training and development programs, flexible work arrangements, and mentorship structures, are discussed in detail. Through the analysis of successful case studies and lessons learned from employee exit interviews, the chapter offers valuable real-world examples that underscore the importance of tailoring retention strategies to the unique challenges faced by healthcare professionals. As hospitals strive to create positive work environments and invest in employee well-being, this chapter provides recommendations for administrators to proactively address attrition. By emphasizing the significance of a holistic approach to employee retention and anticipating future challenges, the abstract sets the stage for a comprehensive exploration of the topic in the full chapter. The role of technology in addressing attrition is also considered, providing a forward-looking perspective on potential solutions. This chapter gives an overview of the healthcare sector and focus on the factors of the employee attrition in healthcare industry. As managing the attrition rate in hospitals is significant to improve the quality of customer satisfaction, so the management of employ attrition rate has also been discussed.