Paper Key : IRJ************883
Author: Pravin Mali,Mahima Saini
Date Published: 05 Apr 2025
Abstract
Employee retention is a critical issue in the pharmaceutical industry, because hiring and maintaining personnel significantly affects organizational success. The relationship between job satisfaction and employee retention in the pharmaceutical sector is examined in this study. The impact of key factors on employeesdecisions to stay or leave is investigated, including compensation, job security, business culture, opportunities for professional advancement, and work-life balance. The study used a mixed-method approach that incorporates questionnaires and interviews to measure the satisfaction levels and retention intent of pharmaceutical professionals. According to research, higher job satisfaction leads to higher retention rates, underscoring the need for proactive HR initiatives to improve employee engagement and reduce turnover. The report provides pharmaceutical companies with helpful data for developing effective retention strategies and keeping a competitive workforce.