The present study is conducted to understand the employee turnover rate amongst employees in private universities and colleges of repute in Indore district. The impact of turnover has received a considerable attention. The researcher believes that frequent turnover of employees leave wrong impact on their stakeholders, students and brand value. Competitive salary and perks, flexible working hours and an employee-friendly work-environment are considered to be some of the key factors of employee retention. In spite of availability of these key benefits at most of the educational institutes, the turnover of academic employees have emerged as a great challenge often confronted by the college management which needs to be taken care of on a serious note. The study investigates the actual reasons behind the aforesaid issue, its negative effects and possible recommendations. The researcher has administered a questionnaire with both close-ended and open-ended nature and carry out a personal interaction with the subject for study. Secondary data was used to find out the established factors. The data received was analyzed, conclusions were drawn, and recommendations were made on the basis of that. It is believed that the implementation of recommendations will ultimately turn into satisfactory retention level of talented teachers, establishing the need for career growth, ensuring employee satisfaction, increase productivity, and reduce the challenges of managerial concern.

Turnover, Employee Retention, Productivity, Employee Satisfaction