An Analysis on Employee Job Satisfaction and Retention Strategies in Pharmacy Industry in India

Author(s): G Khavya and Dr. M Kotteeswaran

Abstract:

This study explores the link between employee job satisfaction and retention strategies within the pharmaceutical industry-a sector where talent retention is critical due to the high cost of training and specialized expertise required. The research examines key factors influencing job satisfaction, including compensation, career advancement opportunities, work-life balance, leadership quality, and organizational culture. Data was gathered through surveys and interviews with professionals across pharmaceutical firms, revealing that employees value recognition, purpose-driven work, and transparent communication. The analysis highlights that organizations with well-structured retention strategies-such as continuous learning programs, flexible work arrangements, and clear career pathways-experience lower turnover rates and higher employee morale. Moreover, regulatory demands and high-pressure environments make job satisfaction especially vital in this field. The study concludes that personalized retention strategies and supportive leadership are essential to sustaining a committed and productive pharmaceutical workforce. Recommendations are offered for HR leaders to align retention efforts with evolving industry demands and employee expectations.

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Pages: 24-28     |    3 View     |    0 Download