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Employee
Retention
 Not getting the job what employee has
expected
 Compensations !!!
 Stress from overwork
 No opportunities for growth!!
 Lack of appreciation
 Lack of trust and support
 No sense of belongingness
“ We can’t stop employees from
leaving unless we have a plan to
make them stay in the
organization”
 The Employee Retention is the process
in which employees are encouraged to
remain in the organization or for the
maximum period of time or until the
completion of project.
Hiring is not a easy task
Cost of employee turnover!
Lose of company information
Efficiency in the work
Better relationship among the employee
 RECRUITINGTHE RIGHT PERSON FORTHE
RIGHT JOB ATTHE RIGHTTIME.
 TALK FACE-TO-FACEWITHTHE EMPLOYES
REGARDINGTHEIR ISSUES INTHE
ORGANISATION.
 CONDUCTING MOTIVATIONALACTIVITIESAT
THEWORKPLACE.
 LAUNCH INCENTIVE SCHEMES FORTHE HIGHER
PERFORMERS.
 MONITOR THETEAM PERFORMANCE UNDERTHE
LEADERSHIP OF RESPECTIVE MANAGERS.
 SOLVE DISPUTES AND MAINTAIN A PEACEFUL
ENVIRONMENT.
 INCASE ANYONE LEAVESTHE JOB,THE HR
NEEDSTOTALKTOTHE PERSON AND FIND OUT
THE REASON FOR IT SO ASTO MAKE SOME
IMPROVEMENT FROMTHEIR SIDE,IF ANY
NEEDED.
RETENTION STRATEGY
PROBLEM
LEAKY
BUCKET/RELATIONSHIP
RETENTION RISK ASSESSMENT TOOLKIT
ASSESSINGTHE IMPACT
SHOULD AN EMPLOYEE
LEAVES
UNDERSTANDINGTHE
LIKELIHOODOF AN
EMPLOYESS LEAVING
CREATING ACTION PLANS
TO AVOIDTHIS
REGRETTABLE LOSS
 Introduction to employee retention
 https://en.wikipedia.org/wiki/Employee_retention
 Importance of employee retention
 https://www.linkedin.com/pulse/importance-employee-retention-
business-organization-faree
 https://www.managementstudyguide.com/importance-of-
employee-retention.html
 Role of HR in employee retention
 https://www.managementstudyguide.com/role-of-hr-in-employee-
retention.htm
 Whirlpool case study
 https://www.diversitybestpractices.com/news-articles/case-study-
whirlpools-diverse-talent-retention-strategy
employee retention

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employee retention

  • 2.
  • 3.  Not getting the job what employee has expected  Compensations !!!  Stress from overwork  No opportunities for growth!!  Lack of appreciation  Lack of trust and support  No sense of belongingness
  • 4. “ We can’t stop employees from leaving unless we have a plan to make them stay in the organization”
  • 5.  The Employee Retention is the process in which employees are encouraged to remain in the organization or for the maximum period of time or until the completion of project.
  • 6. Hiring is not a easy task Cost of employee turnover! Lose of company information Efficiency in the work Better relationship among the employee
  • 7.  RECRUITINGTHE RIGHT PERSON FORTHE RIGHT JOB ATTHE RIGHTTIME.  TALK FACE-TO-FACEWITHTHE EMPLOYES REGARDINGTHEIR ISSUES INTHE ORGANISATION.  CONDUCTING MOTIVATIONALACTIVITIESAT THEWORKPLACE.  LAUNCH INCENTIVE SCHEMES FORTHE HIGHER PERFORMERS.
  • 8.  MONITOR THETEAM PERFORMANCE UNDERTHE LEADERSHIP OF RESPECTIVE MANAGERS.  SOLVE DISPUTES AND MAINTAIN A PEACEFUL ENVIRONMENT.  INCASE ANYONE LEAVESTHE JOB,THE HR NEEDSTOTALKTOTHE PERSON AND FIND OUT THE REASON FOR IT SO ASTO MAKE SOME IMPROVEMENT FROMTHEIR SIDE,IF ANY NEEDED.
  • 9. RETENTION STRATEGY PROBLEM LEAKY BUCKET/RELATIONSHIP RETENTION RISK ASSESSMENT TOOLKIT ASSESSINGTHE IMPACT SHOULD AN EMPLOYEE LEAVES UNDERSTANDINGTHE LIKELIHOODOF AN EMPLOYESS LEAVING CREATING ACTION PLANS TO AVOIDTHIS REGRETTABLE LOSS
  • 10.  Introduction to employee retention  https://en.wikipedia.org/wiki/Employee_retention  Importance of employee retention  https://www.linkedin.com/pulse/importance-employee-retention- business-organization-faree  https://www.managementstudyguide.com/importance-of- employee-retention.html  Role of HR in employee retention  https://www.managementstudyguide.com/role-of-hr-in-employee- retention.htm  Whirlpool case study  https://www.diversitybestpractices.com/news-articles/case-study- whirlpools-diverse-talent-retention-strategy