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  1. 1. Presented by : Vinay Sattur
  2. 2. “ We can’t stop employees from leaving unless we have a plan to make them stay!”
  3. 3.  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.
  4. 4.  No growth opportunities  Lack of appreciation.  Lack of trust and support.  Stress from overwork.  New job offers.
  5. 5. Retention is important because:  To make good people stick in the organization.  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 to build brand of the organization in the market.
  6. 6.  Bonus.  Health insurance.  After retirement.  Miscellaneous compensation.  Remind your employees the benefits they get.
  7. 7. 1. Better Infrastructure 2. Employee friendly policies 3. Freedom to Express 4. Team
  8. 8. 1.Providing feedback. 2..Recognition and rewards. 3.Counseling. 4.Providing emotional support.
  9. 9. 1.Work profile 2.Personal growth 3.Training and development
  10. 10. 1.Relationship with immediate manager 2.Relationship with colleagues 3.Promote an employee based culture
  11. 11. 1.Creating a motivating environment 2.Standing up for the team 3.Providing coaching 4.Delegation 5.Extra responsibility
  12. 12. 1.Way you welcome your new employee. 2.The way his team-members treat him. 3.Information that you provide to him. 4.Which Senior managers he will be working with.
  13. 13.  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.