A Study On The Impact Of Experiential Diversity On Employee Retention In Indian It Sector
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Abstract
In today’s dynamic work environment, retaining skilled professionals has become a critical challenge, particularly in the Indian IT sector. This study explores the role of experiential diversity—such as cross-functional roles and project variety—in influencing employee retention among executives in Bengaluru, Karnataka. Addressing a gap in understanding, the research investigates how diverse work experiences enhance job satisfaction, skill development, and career growth, ultimately impacting retention. A mixed-method approach was used, involving a survey of 302 executives from leading IT firms and qualitative interviews. Quantitative analysis identified key factors of experiential diversity, while qualitative insights revealed employees’ perspectives on how these experiences influence their intent to stay. The study developed a conceptual model illustrating the relationship between experiential diversity and retention. Findings suggest that experiential diversity significantly improves retention by fostering engagement and career satisfaction. Future research could assess its long-term effects and applicability across other sectors.
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