Major underlying factors of job satisfaction a startup can concentrate on to increase employee retention

Abstract

This report is the result of my internship program which was a three-month-long program at dg Innovation Lab Limited. As a startup dg has been running its operation for more than 1 year. From the very beginning, dg was facing a common problem that every startup faces during their initial years which is the employee retention problem. Since I had to closely work with the management team, I was soon to realize that the management team was facing an employee retention problem. In order to research further to find out why the employees were leaving the company, I tried my best to ask about their opinion and also did my survey about their wants, demands and satisfaction level. The sample for this study was the current and ex-employees of dg Innovation Lab. The survey was conducted via Google Forms. Despite differences in opinion of the employees of the organization in the survey, the outcome portrays the underlying reasons behind why dg is facing employee retention problems. The main findings of this internship program are given in this research paper.