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-Presented by:-
Paripoorna.P.C
Roll.no:-41
 Meaning
 Types
 Consequence of employees
 Reason why Employees leave an organization
 Effects on organization if employee leave Job
 Employee Retention
 Importance of Employee Retention
 Key areas of employee retention
 KMF
 Conclusions
“Employee Turnover is the movement of the members
across the boundary of an organization is known as
Employee turnover”.
-How many people are leaving each year
= Turnover=Number of staff leaving per year X 100/
Average no of staff
 Functional V/s Dysfunctional turnover
 Avoidable V/s Unavoidable turnover
 Voluntary V/s NonVoluntary turnover
Innovatory Turnover:-
Turnover initialed by the organization (often among
people who would prefer to stay)
Voluntary Turnover:- Turnover initialed by employees
 Negative
 Positive
 Recruitment and selection cost
 Training and development cost
 Operation Disruption
 Increased performance
 Reduction of entrenched conflict
 Increased mobility and morale
 Innovation and adaptation
 Monetary factor
 Lack of good working condition
 No flexible work schedule
 Lack of respect
 Organization is more concern towards business
 Lack of challenges in job
 Mismatch between Job and person
 Stress from over work and life balance
 Loss of productivity
 Replacing qualified employees
 Poor retention of employees may not get proper
turnover
 Reduce good will of company
“Employee retention is a process in which the
employees are encouraged to remain in organization
for maximum period of time or until the completion
of the projects employees are retained in
organization”.
 The cost of turnover
 Reduce loss of company
 Turnover leads more turnover
 Good will of company
 Compensation
 Environment
 Growth
 Relationship
 Support
 Employee Turnover in K.M.F is 17%-18% in single year
 Maximum Turnover is at the Level of FSR which is 11%-
12%
 Turnover at executive level is less then 1%
 Turnover in staff is negligible
 Salary
 FSR level needs fresher Graduates join and gain
brand name and to get good will
 Reduce employees stress form over work and life
balance of employees
 Place the employee in right positions
human resource managment
human resource managment

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human resource managment

  • 2.  Meaning  Types  Consequence of employees  Reason why Employees leave an organization  Effects on organization if employee leave Job  Employee Retention  Importance of Employee Retention  Key areas of employee retention  KMF  Conclusions
  • 3. “Employee Turnover is the movement of the members across the boundary of an organization is known as Employee turnover”. -How many people are leaving each year = Turnover=Number of staff leaving per year X 100/ Average no of staff
  • 4.  Functional V/s Dysfunctional turnover  Avoidable V/s Unavoidable turnover  Voluntary V/s NonVoluntary turnover
  • 5.
  • 6. Innovatory Turnover:- Turnover initialed by the organization (often among people who would prefer to stay) Voluntary Turnover:- Turnover initialed by employees
  • 8.  Recruitment and selection cost  Training and development cost  Operation Disruption
  • 9.  Increased performance  Reduction of entrenched conflict  Increased mobility and morale  Innovation and adaptation
  • 10.  Monetary factor  Lack of good working condition  No flexible work schedule  Lack of respect  Organization is more concern towards business  Lack of challenges in job  Mismatch between Job and person  Stress from over work and life balance
  • 11.  Loss of productivity  Replacing qualified employees  Poor retention of employees may not get proper turnover  Reduce good will of company
  • 12. “Employee retention is a process in which the employees are encouraged to remain in organization for maximum period of time or until the completion of the projects employees are retained in organization”.
  • 13.  The cost of turnover  Reduce loss of company  Turnover leads more turnover  Good will of company
  • 14.  Compensation  Environment  Growth  Relationship  Support
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.  Employee Turnover in K.M.F is 17%-18% in single year  Maximum Turnover is at the Level of FSR which is 11%- 12%  Turnover at executive level is less then 1%  Turnover in staff is negligible
  • 20.  Salary  FSR level needs fresher Graduates join and gain brand name and to get good will  Reduce employees stress form over work and life balance of employees  Place the employee in right positions