This research aims to provide information that will help organizations create good development programs for mental health and improve employee engagement with a phenomenological study approach to study employee perceptions and experiences. The model developed is a post-development employee retention framework integrating social exchange dynamics in the work environment—data sources in the form of relevant articles, documentation, and literature. The findings in this study are that social dynamics can support flexible work policies in organizational development programs. This development is significant to improve employee retention and satisfaction. The managerial implications of this study suggest that organizations can pursue development programs to improve employee retention by identifying and understanding factors that influence employees’ perceptions of perceived value and fairness.