DATA-DRIVEN INSIGHTS FOR EMPLOYEE RETENTION: A PREDICTIVE ANALYTICS PERSPECTIVE
Keywords:
Employee Engagement, Employee Retention, Compensation, Manufacturing Sector, Service Sector.Abstract
A combination of an emphasis the way employee compensation modifies this relationship, this
study examines the effects of different employee engagement tactics on retention across Pakistan's
industrial and service sectors. Employee retention is positively impacted by both direct
(consultative and delegative) and indirect (worker unions and worker directors) engagement
strategies, according to survey data collected from 1,054 employees, 519 of whom are from the
manufacturing sector and 535 from the service sector. The one with the biggest impact is delegative
participation. Additionally, the study emphasises the moderating effect of pay, demonstrating that
when engagement strategies are successful, employees who receive decent compensation are more
likely to stick with their company. Particularly in developing nations like Pakistan, this study
provides insightful information about how customised engagement techniques and pay policies
might improve employee retention.
