2. A process in which the employees are
encouraged to remain with the
organization for the maximum period
of time or until the completion of the
project.
Employee Retention
3. • Cost and time effective.
• Goodwill of company.
• Maintain the relationship between employee and employer.
• Manage employee turnover.
• Helps in company’s growth.
• Maintain performance and productivity.
• Increases morale of employees.
Importance of employee retention
4. • Inadequate pay.
• Conflict within the organization.
• Communication gap between the employee and management.
• Work environment.
• Lack of appreciation and support.
• Stress from overwork.
• Low job satisfaction.
• Poor HR practices.
• New job offers.
Reasons why employees leave
5. “We can‘t stop employees from leaving
unless we have a plan to make them
stay."
9. Employee Retention Strategy
Provide growth opportunities
Have faith in them, trust & respect
Annual reviews cycles
Exit Interview
Hire right person in right place
Others
10. Start the retention process when
the person is still open to staying
and not after they have already
told you they are leaving.
Thank You