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Employee Well-Being and Mental Health: Critical Role in Retention Strategies

Employee Well-Being and Mental Health: Critical Role in Retention Strategies
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Author(s): P. Bhanumathi (M.S. Ramaiah Institute of Management, India), P. Keerthi Chandrika (Deloitte, India)and B. Sathish Babu (RV College of Engineering, India)
Copyright: 2024
Pages: 24
Source title: Global Practices on Effective Talent Acquisition and Retention
Source Author(s)/Editor(s): Bryan Christiansen (Southern New Hampshire University, USA), Muhammad Abdul Aziz (University of Hertfordshire, UK)and Elle Lily O'Keeffe (Rasmussen University, USA)
DOI: 10.4018/979-8-3693-1938-3.ch010

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Abstract

Due to increased work pressure and organizational performance expectations, employees struggle to maintain their mental health and peace, leading to decreased motivation and employee attrition. Adding to the work pressure, maintaining a work-life balance has become crucial for building a successful career for any employee. Today's Generation X and Generation Y (millennials) employees have varied preferences and priorities, and their expectations from the organization have changed a lot. The organization is responsible for creating strategies and policies tailor-made for heterogeneous work groups by identifying the critical concerns of employee well-being and mental health and developing mechanisms to address them effectively to retain the talented workforce.

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