Abstract:

Retaining valuable and talented employees is a pressing challenge faced by organizations in the highly competitive business environment of the Republic of India. Employee retention has always been important, but its significance has grown exponentially in today's dynamic landscape. The costs associated with employee turnover, including recruitment expenses and lost productivity, coupled with the intense competition for skilled employees, make employee retention a critical priority. This paper explores the role of workplace happiness in employee retention and examines the factors that contribute to creating a happy work environment. The study highlights the connection between employee happiness and retention, emphasizing that happy employees are more likely to remain with an organization. The paper delves into the significance of superiorsubordinate relationships, co-worker relationships, work-life integration, appreciation, mindfulness, and stay interviews as essential elements for fostering workplace happiness. These factors collectively contribute to creating a positive and engaging work environment that promotes employee satisfaction and long-term retention. Through a comprehensive literature review, this paper underscores the importance of prioritizing employee well-being and happiness to address the challenge of retaining valuable talent. It emphasizes that increasing workplace happiness is not only a sustainable strategy for employee retention but also a key competitive advantage for organizations. By investing in the factors identified in this study, organizations in the Republic of India can enhance workplace happiness, increase employee retention rates, and gain a competitive edge in the market

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