SlideShare a Scribd company logo
Employee
Retention
 Not getting the job what employee has
expected
 Compensations !!!
 Stress from overwork
 No opportunities for growth!!
 Lack of appreciation
 Lack of trust and support
 No sense of belongingness
“ We can’t stop employees from
leaving unless we have a plan to
make them stay in the
organization”
 The Employee Retention is the process
in which employees are encouraged to
remain in the organization or for the
maximum period of time or until the
completion of project.
Hiring is not a easy task
Cost of employee turnover!
Lose of company information
Efficiency in the work
Better relationship among the employee
 RECRUITINGTHE RIGHT PERSON FORTHE
RIGHT JOB ATTHE RIGHTTIME.
 TALK FACE-TO-FACEWITHTHE EMPLOYES
REGARDINGTHEIR ISSUES INTHE
ORGANISATION.
 CONDUCTING MOTIVATIONALACTIVITIESAT
THEWORKPLACE.
 LAUNCH INCENTIVE SCHEMES FORTHE HIGHER
PERFORMERS.
 MONITOR THETEAM PERFORMANCE UNDERTHE
LEADERSHIP OF RESPECTIVE MANAGERS.
 SOLVE DISPUTES AND MAINTAIN A PEACEFUL
ENVIRONMENT.
 INCASE ANYONE LEAVESTHE JOB,THE HR
NEEDSTOTALKTOTHE PERSON AND FIND OUT
THE REASON FOR IT SO ASTO MAKE SOME
IMPROVEMENT FROMTHEIR SIDE,IF ANY
NEEDED.
RETENTION STRATEGY
PROBLEM
LEAKY
BUCKET/RELATIONSHIP
RETENTION RISK ASSESSMENT TOOLKIT
ASSESSINGTHE IMPACT
SHOULD AN EMPLOYEE
LEAVES
UNDERSTANDINGTHE
LIKELIHOODOF AN
EMPLOYESS LEAVING
CREATING ACTION PLANS
TO AVOIDTHIS
REGRETTABLE LOSS
 Introduction to employee retention
 https://en.wikipedia.org/wiki/Employee_retention
 Importance of employee retention
 https://www.linkedin.com/pulse/importance-employee-retention-
business-organization-faree
 https://www.managementstudyguide.com/importance-of-
employee-retention.html
 Role of HR in employee retention
 https://www.managementstudyguide.com/role-of-hr-in-employee-
retention.htm
 Whirlpool case study
 https://www.diversitybestpractices.com/news-articles/case-study-
whirlpools-diverse-talent-retention-strategy
employee retention

More Related Content

What's hot

Attrition control and retention strategies for changing times
Attrition control and retention strategies for changing timesAttrition control and retention strategies for changing times
Attrition control and retention strategies for changing timesPranav Kumar Ojha
 
Employee retention
Employee retentionEmployee retention
Employee retention
Hanees UK
 
Employee Retention Management
Employee Retention ManagementEmployee Retention Management
Employee Retention Management
Katherine Chin
 
Employee retention (od)
Employee retention (od)Employee retention (od)
Employee retention (od)Ashwini Ashu
 
ATTRITION,EMPLOYEE RETENTION
ATTRITION,EMPLOYEE RETENTIONATTRITION,EMPLOYEE RETENTION
ATTRITION,EMPLOYEE RETENTION
MADAN PANDIA
 
Employee Engagement
Employee EngagementEmployee Engagement
Employee Engagement
Karpagam Alagappan
 
Retention management
Retention managementRetention management
Retention management
Saurabh Agarwal
 
Employee Retention
Employee RetentionEmployee Retention
Employee Retention
Gregory P. Smith
 
Employee Engagement
Employee Engagement Employee Engagement
Employee Engagement
Seta Wicaksana
 
Employee retention
Employee retentionEmployee retention
Retension strategies of employee
Retension strategies of employeeRetension strategies of employee
Retension strategies of employee
Sanjay Samuel
 
Employee Engagement
Employee EngagementEmployee Engagement
Employee Engagement
Sunny Mervyne Baa
 
Employee Engagement
Employee EngagementEmployee Engagement
Employee Engagement
PeopleStreme
 
Employee engagement final
Employee engagement finalEmployee engagement final
Employee engagement final
Hareesh M
 
Employee Engagement
Employee EngagementEmployee Engagement
Employee Engagement
guestbb5a23c
 
Employee Turnover Costs More Than You Think!
Employee Turnover Costs More Than You Think!Employee Turnover Costs More Than You Think!
Employee Turnover Costs More Than You Think!
Ving
 
Employee retention
Employee retentionEmployee retention
Employee retentionbhawnajha091
 

What's hot (20)

Attrition control and retention strategies for changing times
Attrition control and retention strategies for changing timesAttrition control and retention strategies for changing times
Attrition control and retention strategies for changing times
 
Retention
RetentionRetention
Retention
 
Employee retention
Employee retentionEmployee retention
Employee retention
 
Employee Retention Management
Employee Retention ManagementEmployee Retention Management
Employee Retention Management
 
Employee retention (od)
Employee retention (od)Employee retention (od)
Employee retention (od)
 
ATTRITION,EMPLOYEE RETENTION
ATTRITION,EMPLOYEE RETENTIONATTRITION,EMPLOYEE RETENTION
ATTRITION,EMPLOYEE RETENTION
 
Employee Engagement
Employee EngagementEmployee Engagement
Employee Engagement
 
Retention management
Retention managementRetention management
Retention management
 
Employee Retention
Employee RetentionEmployee Retention
Employee Retention
 
Employee Engagement
Employee Engagement Employee Engagement
Employee Engagement
 
Employee retention
Employee retentionEmployee retention
Employee retention
 
Retension strategies of employee
Retension strategies of employeeRetension strategies of employee
Retension strategies of employee
 
Employee Retention PPT ( Ram )
Employee Retention PPT ( Ram )Employee Retention PPT ( Ram )
Employee Retention PPT ( Ram )
 
Employee Engagement
Employee EngagementEmployee Engagement
Employee Engagement
 
Employee Engagement
Employee EngagementEmployee Engagement
Employee Engagement
 
Employee engagement final
Employee engagement finalEmployee engagement final
Employee engagement final
 
Employee Engagement
Employee EngagementEmployee Engagement
Employee Engagement
 
Employee Turnover Costs More Than You Think!
Employee Turnover Costs More Than You Think!Employee Turnover Costs More Than You Think!
Employee Turnover Costs More Than You Think!
 
Employee Retention - Strategies
Employee Retention - StrategiesEmployee Retention - Strategies
Employee Retention - Strategies
 
Employee retention
Employee retentionEmployee retention
Employee retention
 

Similar to employee retention

Retention
RetentionRetention
Ppt..ms2007(zai)
Ppt..ms2007(zai)Ppt..ms2007(zai)
Ppt..ms2007(zai)MissZai
 
Ppt..ms2003(zai)
Ppt..ms2003(zai)Ppt..ms2003(zai)
Ppt..ms2003(zai)MissZai
 
HRM-Employee Retention
HRM-Employee Retention HRM-Employee Retention
HRM-Employee Retention
drpmehta2008
 
Engagement The Other Side
Engagement  The Other SideEngagement  The Other Side
Engagement The Other Side
Nipun Wadhwa
 
Reasons Behind Early Exit of Employee(s) from any Company
Reasons Behind Early Exit of Employee(s) from any CompanyReasons Behind Early Exit of Employee(s) from any Company
Reasons Behind Early Exit of Employee(s) from any Company
Iris Corporate Solutions Pvt. Ltd.
 
chapter7.pptx
chapter7.pptxchapter7.pptx
chapter7.pptx
CabdiqadarMaxamed
 
Attrition
AttritionAttrition
Attrition
seema khan
 
Dr wilred monteiro creating employee engagement
Dr wilred monteiro   creating employee engagementDr wilred monteiro   creating employee engagement
Dr wilred monteiro creating employee engagement
Dr Wilfred Monteiro
 
Employee Retention
Employee RetentionEmployee Retention
Employee Retentionhumaapkeliye
 
Frederick Herzberg
Frederick HerzbergFrederick Herzberg
Frederick HerzbergAENovak
 
How to retain good employee for company
How to retain good employee for companyHow to retain good employee for company
How to retain good employee for company
Paul Nguyen
 
Employee engagement
Employee engagement Employee engagement
Employee engagement
Gautam Kumar
 
Job Satisfaction
Job SatisfactionJob Satisfaction
Job Satisfaction
Asifa Aziz
 
Job Satisfaction
Job SatisfactionJob Satisfaction
Job SatisfactionAsifa Aziz
 
Engaging Non Engaged Employees
Engaging Non Engaged EmployeesEngaging Non Engaged Employees
Engaging Non Engaged Employees
Sonny Navaratnam
 
Employee Engagement1
Employee Engagement1Employee Engagement1
Employee Engagement1Jay Kumar
 
Employee engagement1
Employee engagement1Employee engagement1
Employee engagement1
alwayssayjay
 

Similar to employee retention (20)

Retention
RetentionRetention
Retention
 
Ppt..ms2007(zai)
Ppt..ms2007(zai)Ppt..ms2007(zai)
Ppt..ms2007(zai)
 
Ppt..ms2003(zai)
Ppt..ms2003(zai)Ppt..ms2003(zai)
Ppt..ms2003(zai)
 
HRM-Employee Retention
HRM-Employee Retention HRM-Employee Retention
HRM-Employee Retention
 
Engagement The Other Side
Engagement  The Other SideEngagement  The Other Side
Engagement The Other Side
 
Reasons Behind Early Exit of Employee(s) from any Company
Reasons Behind Early Exit of Employee(s) from any CompanyReasons Behind Early Exit of Employee(s) from any Company
Reasons Behind Early Exit of Employee(s) from any Company
 
The 7 Hidden Reasons Employee Leave
The 7 Hidden Reasons Employee LeaveThe 7 Hidden Reasons Employee Leave
The 7 Hidden Reasons Employee Leave
 
chapter7.pptx
chapter7.pptxchapter7.pptx
chapter7.pptx
 
Attrition
AttritionAttrition
Attrition
 
Dr wilred monteiro creating employee engagement
Dr wilred monteiro   creating employee engagementDr wilred monteiro   creating employee engagement
Dr wilred monteiro creating employee engagement
 
Employee Retention
Employee RetentionEmployee Retention
Employee Retention
 
Frederick Herzberg
Frederick HerzbergFrederick Herzberg
Frederick Herzberg
 
How to retain good employee for company
How to retain good employee for companyHow to retain good employee for company
How to retain good employee for company
 
Human Resource Management
Human Resource ManagementHuman Resource Management
Human Resource Management
 
Employee engagement
Employee engagement Employee engagement
Employee engagement
 
Job Satisfaction
Job SatisfactionJob Satisfaction
Job Satisfaction
 
Job Satisfaction
Job SatisfactionJob Satisfaction
Job Satisfaction
 
Engaging Non Engaged Employees
Engaging Non Engaged EmployeesEngaging Non Engaged Employees
Engaging Non Engaged Employees
 
Employee Engagement1
Employee Engagement1Employee Engagement1
Employee Engagement1
 
Employee engagement1
Employee engagement1Employee engagement1
Employee engagement1
 

employee retention

  • 2.
  • 3.  Not getting the job what employee has expected  Compensations !!!  Stress from overwork  No opportunities for growth!!  Lack of appreciation  Lack of trust and support  No sense of belongingness
  • 4. “ We can’t stop employees from leaving unless we have a plan to make them stay in the organization”
  • 5.  The Employee Retention is the process in which employees are encouraged to remain in the organization or for the maximum period of time or until the completion of project.
  • 6. Hiring is not a easy task Cost of employee turnover! Lose of company information Efficiency in the work Better relationship among the employee
  • 7.  RECRUITINGTHE RIGHT PERSON FORTHE RIGHT JOB ATTHE RIGHTTIME.  TALK FACE-TO-FACEWITHTHE EMPLOYES REGARDINGTHEIR ISSUES INTHE ORGANISATION.  CONDUCTING MOTIVATIONALACTIVITIESAT THEWORKPLACE.  LAUNCH INCENTIVE SCHEMES FORTHE HIGHER PERFORMERS.
  • 8.  MONITOR THETEAM PERFORMANCE UNDERTHE LEADERSHIP OF RESPECTIVE MANAGERS.  SOLVE DISPUTES AND MAINTAIN A PEACEFUL ENVIRONMENT.  INCASE ANYONE LEAVESTHE JOB,THE HR NEEDSTOTALKTOTHE PERSON AND FIND OUT THE REASON FOR IT SO ASTO MAKE SOME IMPROVEMENT FROMTHEIR SIDE,IF ANY NEEDED.
  • 9. RETENTION STRATEGY PROBLEM LEAKY BUCKET/RELATIONSHIP RETENTION RISK ASSESSMENT TOOLKIT ASSESSINGTHE IMPACT SHOULD AN EMPLOYEE LEAVES UNDERSTANDINGTHE LIKELIHOODOF AN EMPLOYESS LEAVING CREATING ACTION PLANS TO AVOIDTHIS REGRETTABLE LOSS
  • 10.  Introduction to employee retention  https://en.wikipedia.org/wiki/Employee_retention  Importance of employee retention  https://www.linkedin.com/pulse/importance-employee-retention- business-organization-faree  https://www.managementstudyguide.com/importance-of- employee-retention.html  Role of HR in employee retention  https://www.managementstudyguide.com/role-of-hr-in-employee- retention.htm  Whirlpool case study  https://www.diversitybestpractices.com/news-articles/case-study- whirlpools-diverse-talent-retention-strategy