Analysis of Attrition of Staff in A Multispecialty Hospital and Formulation of Retention Strategies Shukla Kasturi1, Deepika V.2, Ojha Disha2 1Assistant Professor, Symbiosis Institute of Health Sciences, Symbiosis International University, Pune, India 2Student, Symbiosis Institute of Health Sciences, Symbiosis International University, Pune, India Online published on 29 December, 2017. Abstract Introduction/Background The presence of experienced and skilled team is an asset for any industry to have, none more than the hospital. The cost and effort involved in hiring and training new employees is a not just a serious investment, but also a liability. In this study, we have analyzed the attrition rate of a multispecialty hospital quantitatively. Purpose As attrition is a serious concern for any hospital, it is necessary to find possible solutions to not just solve the problem but also to mitigate it. Methodology This was a cross sectional study conducted in a multispecialty hospital. The data was collected on a 5-point Likert type agreement-disagreement scale. Cronbach`s alpha was used to assess the reliability of the data. Results & discussion/Findings &interpretation Overall Cronbach`s α for instrument was 0.962 which showed high reliability of the instrument. Major reasons for employee attrition were Supervisor behavior (28.67%), Salary Issues (15.3%), Lack of Coordination (18.67%). Research implications The results presented in this study would serve as a useful resource for the hospital management to consider and potentially address the issue even before they start to occur. Novelty/Originality This is an original research done for studying the reasons of employee attrition in hospital. Top Keywords Attrition, Behavior, Cronbach's alpha, Hospital, Retention. Top |