2. What do we understand by Retention
In simple terms, employee retention are all the policies
and practices of the organization which motivate the
employees to stick to the organization for a longer period
of time.
4. A positive organizational culture
A good manager
Planned career growth
Sense of trust and security
Pay package at par with industry
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2
3
4
What keeps employees stick on to the
organization
4
5. What keeps employees stick on to the
organization
A good
manager
Planned
career growth
Sense of trust
and security
Pay package
at par with
industry
A positive
organizational
culture
Employee Loyalty Factors
7. To maintain the
best talent
within the
organization
Avoid time and
cost of
recruitment of
new
candidates
Avoid the
investment on
initial training
Overcome
insecurity of
other co -
workers
Why emphasize on employee retention
To maintain
the culture
of the
organization
Reduce
overwork
of employees
due to
lack of
resource
Prevent loss
of knowledge
and skill set
Loss of talent
would also
indireclty
result in
loss of
client/customer
8. Steps to retain employees
• Employee retention strategy should start from the day the
employee joins the organization
– Positive culture of the organization from day one
– Joining formalities easily done,
– a warm welcome and a proper Induction which puts the new
comer at ease
– Proper on the job training
• Set clear expectations and career options
• Proper appraisal system and frequent feedbacks
• An open communication system and transparency
• Role of boss as nurturer and mentor.
• Managers should be accountable for nurturing their own talent
pool
9. • Ensuring job security and stability
• Providing flexibility
• Proper recognition and reward/appreciation system
• Out of the box assignments and projects apart from their
regular job
