Presented by,

SOWMYA C.U.
 Employee retention is 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 is beneficial for the

organization as well as the employee.
“ We cant stop employees from leaving
unless we have a plan to make them stay!”
Employer-employee relation is like a
“marriage”.

Retention process is related to

successful marriage
 You need 2 convince your partner, hw you are different from
other boys/girls.

 What type of future that person will get if he/she decides 2

marry you.

 You need 2 convince the person as what your company is

having that others are not having.

 What is your competitive edge? What type of future or growth

that person will get if he decides 2 join ur company.
 No growth opportunities
 Lack of appreciation.
 Lack of trust and support.
 Stress from overwork.
 New job offers.
Top 3 reasons why talent says “I quit”

 Dissatisfaction with superiors

 Inadequate compensation and benefits

 Lack of career development opportunities

1.Way u welcome ur new employee.

2.The way his team-members treat him.

3.Information that you provide to him.

4.Which senior mgrs interact with him.

 Bonus.

 Health insurance.

 After retirement.

 Miscellaneous compensation.

 Remind your employees the benefits they get.

1.Learning environment
certifications n provisions 4 higher studies.

2.supportive environment
flexible hrs, dependent care, vacations, alternate work
schedules.

3.work environment
Efficient managers, supportive co-workers, challenging work,
involvement in decision making, clarity of work and
responsibilities and recognition.
1.Providing feedback.

2.Recognition and rewards.

3.Counseling.

4.Providing emotional support.

1.Work profile

2.Personal growth

3.Training and development

1.Relationship with immediate manager

2.Relationship with colleagues

3.Promote an employee based culture

While managers predicted the most important motivational aspect of work for people
would be money, personal time and attention from the manager was cited by employees
as most rewarding for them at work.
American Psychological Association Survey

About.Com Poll

Good coaching from and interaction with my boss 36%

Good compensation and benefits package 18%         
Opportunity to learn new skills 8%                   
Just can't seem to get motivated enough to leave ... 8%
Recognition for a job well done 7%        
Like my coworkers 6%       
Respectful treatment 5%      
Challenging, rewarding, interesting work 3%    
Mission of the company 3%    
Talent and vision of company management team 2%   
retention is important because:

To make good people stick in the organization.

Talented people are always in demand.

Continuously hiring new employees and loosing the old employees is

the worst that can happen to an organization.
It’s always good to have trustworthy old employees in the
organization. It brings stability to the organization.
Retaining old employees provide a learning culture for the new hires.

The old employees have knowledge of the processes of the

organization and their valuable experience.
Retention helps create goodwill of the organization in the market.
1.creating a motivating environment
2.standing up for the team
3.providing coaching
4.delegation
5.extra responsibility
1. Gives infrastructure, facilities to ensure that employees
give their best.
2. They can make employee friendly policies, processes n
procedures 2 ensure that employees grow in organization.

3. They can appreciate employees work.

4. They can ensure proper communication process takes place

and make sure that employees are heard.

5. They can give regular feedback and recognition.

6. They can give training to boss, if his mgmt style is not

good.
 Make Wiser Choices when Hiring Employees.

 Communicate Effectively With Your Employees.

 Empower the employees.

 Make them realize that they are valuable

for Organization.

 Have faith in them , trust & respect them.

 Provide Information & knowledge.

 Give feedback on performance.

 Recognize & appreciate their achievements.

 The cost of turnover.

 Loss of company knowledge.

 Interruption of customer services.

 Goodwill of Company.
 The process of retention is not as easy as it
seems.

 There are so many tactics and strategies used in

retention of employees by the organizations.

 The basic purpose of these strategies is to

increase employee satisfaction, boost employee
morale hence achieve retention.