Employee Engagement as an Antidote to Combat Corporate Brain Drain

One of the growing problems faced by companies is, when employees leave the company due to turnover, retirement, downsizing it leads loss of knowledge .This leads to incredible knowledge and experience walking out the door. It is important to prevent knowledge from escaping when an employee leaves the company. Companies are using employee engagements in order preserve knowledge. It is important to have engaged employees who are satisfied with their work, willing to accept responsibility and looks forward to a long term association with the company. There are not many ways in which intangible assets employee knowledge can be measured. Organisations need to understand that loosing employees could mean missed opportunities sometimes they aren't even aware of how much of a problem it is and what crisis they will have in the future The objective of this article is to shed light on employee engagement and why it is important, as well as use it as a tool to prevent corporate brain drain .Findings show that this corporate brain drain has an adverse effect on the talent pool and measures should be taken at the earliest. This study tries to see the impact of employee engagement on trying to reduce attrition and serve as an antidote for corporate brain drain. Ahana Ruth Pinto | Sarah John "Employee Engagement as an Antidote to Combat Corporate Brain Drain" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-1 , December 2018, URL: http://www.ijtsrd.com/papers/ijtsrd19092.pdf http://www.ijtsrd.com/management/hrm-and-retail-business/19092/employee-engagement-as-an-antidote-to-combat-corporate-brain-drain/ahana-ruth-pinto