This is a detailed presentation on employee retention strategies that you may apply for your organization. Employee retention is one of the most important aspects of Human Resource Management. There are practical and actionable tips that can help every company to retain their best human resources. In this presentation, we discussed each tip in detail and how it can help to retain employees. Hope you find this presentation helpful and make sure to share it on your website or social media. Read More: https://www.hrstacks.com/best-employee-retention-strategies/

1. 15 Best Employee
Retention Strategies
hrstacks.com
C R E A T E D B Y

2. With the increased levels of competition in today’s
marketplace, every company is forced to adapt innovative
ways to stay on top and the fact remains that the
workforce of any firm is its biggest strength.
In this presentation, this is precisely what we are
discussing as we dig deeper into the best strategies for
employee retention that a company can adopt.

3. 01. Dynamic Work Arrangements
After battling the pandemic, most people now have
recognized the importance of maintaining a healthy work-
life balance. They expect their employers to provide
flexibility in their work arrangements.

4. 02. Off-duty Requirements
Another bad practice that companies should avoid is
forcing an employee to work during their vacation or
leave days, even if it is for a small amount of time.

5. 03. Competitive Salary Packages
This remains the top factor as to why any employee
searches for a new opportunity outside their current
organization. The best way to attract and retain good
people is by offering a fair salary to them.

6. 04. Non-Salary Perks
People are also giving importance to other benefits like
medical insurance, good leave policies, bonuses or equity
sharing as well while deciding whether to switch their
workplace or not.

7. 04. Non-Salary Perks
People are also giving importance to other benefits like
medical insurance, good leave policies, bonuses or equity
sharing as well while deciding whether to switch their
workplace or not.

8. From recognizing the top contributors in monthly town
halls to sending appreciation emails directly from the
CEO’s desk, these programs might not even cost anything
additional to the companies but they go a long way in
making their talent happy.
05. Employee Appreciation Programs

9. Everyone working in the firm should have complete clarity
on their roles and what is expected from them. So that,
the employees do not have any confusion during their
performance feedback sessions and the parameters on
which they would be evaluated.
06. Transparent Performance Feedback

10. It has been observed that people like to stay within those
firms that build a strong set of employee training and
development strategies.
07. Training and Development

11. If the channel of communication is open between
employees, managers or even top leaders, then people
feel heard and safe working in such an environment.
08. Open Communication

12. If the channel of communication is open between
employees, managers or even top leaders, then people
feel heard and safe working in such an environment.
08. Open Communication

13. Anyone joining a new company is at its most vulnerable
point to leave and not come back if they have had an
unpleasant experience in the first few days. Hence, it
becomes imperative to have a good onboarding process
that is smooth and hassle-free altogether.
09. Onboarding policies

14. If the company has a strong employer brand, then it will
naturally attract good people to join their workforce who
ultimately become their top contributors to success.
10. Strengthen the Brand

15. It goes without saying that everyone looks forward to
working in an organization that promotes positivity and
good mental health policies.
11. Positive Work Culture

16. People like to stay loyal to the companies which makes
them feel valued and awards them on a timely basis.
12. Awards and Recognitions

17. If a company is involved in building effective employee
engagement policies then it surely would be rewarded
with a more dedicated set of employees who would rarely
think about moving someplace else.
13. Employee Engagement Plans

18. Any firm should be well prepared to handle change
effectively when they are going through organizational
changes since that is the time when employees feel
unsafe and end up making decisions based on their
fears.
14. Effective Change Management

19. Companies that are known to have good wellness
programs and organize regular team-building exercises
are the ones that can boast of having a highly motivated
set of employees who are ready to give their best at their
workplace.
15. Team Building Exercises