This document discusses techniques for increasing employee retention in organizations. It identifies reasons for employee attrition such as lack of growth opportunities, monotonous work, and better job opportunities elsewhere. The document then outlines several strategies organizations can use to improve retention, including increasing employee engagement, recognizing performance, implementing training programs, focusing on team building, and ensuring good manager attitudes. Effective communication between managers and employees is also emphasized.
Employee Engagement - meaning, Benefits of Employee Engagement, Process of Employee Engagement, Engaged Employees, Not Engaged Employees, Actively Disengaged Employees, 3 C Components of Employee Engagement - Career, Competence, Care, Strategies of Employee Engagement
Promotion, Objectives of Promotion, Types of Promotion, Bases of Promotion, Seniority, Merit, Seniority cum Merit, Promotion Policy, Essentials of Sound Promotion Policy, Transfer, Need for Transfer, Types of Transfer, Production Transfer
Remedial Transfer, Replacement Transfer, Versatility Transfer, Shift Transfers, Penalty Transfer,
Voluntary Transfer/ Personal Transfer, Essentials of Sound Transfer Policy, Dismissal, Reasons for Dismissal, Essentials of Sound Dismissal Policy,
Employee Engagement - meaning, Benefits of Employee Engagement, Process of Employee Engagement, Engaged Employees, Not Engaged Employees, Actively Disengaged Employees, 3 C Components of Employee Engagement - Career, Competence, Care, Strategies of Employee Engagement
Promotion, Objectives of Promotion, Types of Promotion, Bases of Promotion, Seniority, Merit, Seniority cum Merit, Promotion Policy, Essentials of Sound Promotion Policy, Transfer, Need for Transfer, Types of Transfer, Production Transfer
Remedial Transfer, Replacement Transfer, Versatility Transfer, Shift Transfers, Penalty Transfer,
Voluntary Transfer/ Personal Transfer, Essentials of Sound Transfer Policy, Dismissal, Reasons for Dismissal, Essentials of Sound Dismissal Policy,
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: Key Ways to Retain Your Top TalentKaufman Global
Employee retention is about compelling great people to stick around. This can be hard to achieve and sustain, because it isn’t just the money – it requires good data, a plan and mild effort. Learn how having a solid retention strategy can help you succeed against the headwinds of: post-merger integrations, skilled labor shortages, and changing technologies when you put the engagement of your people first.
Employee retention strategies trends and challengesPrashant Arsul
Employee retention refers to the policies and practices companies use to stop their competent and valuable employees from leaving their jobs.
Employee retention strategies help organizations provide effective employee communication to improve commitment and enhance workforce support for key corporate initiatives
For smooth functioning of the organization skilful, experienced, and competent employees are required
HealthcareSource® Behavioral Assessments: Recruit for Higher Retention in Hea...HealthcareSource
By harnessing behavioral assessment solutions from HealthcareSource that are designed to increase retention and improve patient satisfaction, HR teams can help leaders, managers, and employees reduce costs and improve the patient experience—the ultimate goal for any healthcare organization. In addition, Southwest General Health Center shares their success story with using Staff Assessment to develop high performers.
Ways to improve employee performance
http://waysforemployeeperformance.blogspot.in/2017/06/ways-to-improve-employee-performance.html
Amit Sarode,
Digital Marketing Executive,
Talent Corner HR Services Pvt. Ltd.
About Talent Corner
Talent Corner H.R. Services is a professional human resources consultant providing innovative recruitments solutions to the corporate world. Incorporated in 2002, Talent Corner has now grown into one of India’s top HR Services Companies with Over 150 employees in Offices and located at 10 Locations across the country. We are currently serving over 900+ clients in diverse industries.
We are providing recruitment services in Bangalore, Chennai, Delhi, Hyderabad, Pune, Kolkata, Rajasthan, Gujarat, & Cochin. In a Dynamic Business World, Standardized Business Solutions don’t Often Work. Therefore we offer customized Recruitment's and Executive Search Solutions for Companies across industries. Visit our website to know more about us at: http://talentcorner.in
Apart from High Quality Recruitment Services, Our Industry Demands “Ownership” in Business. Thus in Order to Scale, we have Developed a Unique Recruitment Franchise Opportunity to harness your Entrepreneur Aspirations. To know more about our recruitment franchise opportunities, visit : http://talentcorner.in/franchise-at-talent-corner
Here you will come up with some glimpses of retention management being followed by different organisation and what were the varied techniques were implemented to retain the employees back in the organisation.
Employee engagement refers to the level of dedication and enthusiasm employees hold regarding their tasks, responsibilities, and the overall objectives and culture of a workplace. It’s important to measure employee engagement (in a worthwhile way) and embed employee engagement into an organisations culture.
For more content like this, check out Acorn Labs: http://acornlabs.education/
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: Key Ways to Retain Your Top TalentKaufman Global
Employee retention is about compelling great people to stick around. This can be hard to achieve and sustain, because it isn’t just the money – it requires good data, a plan and mild effort. Learn how having a solid retention strategy can help you succeed against the headwinds of: post-merger integrations, skilled labor shortages, and changing technologies when you put the engagement of your people first.
Employee retention strategies trends and challengesPrashant Arsul
Employee retention refers to the policies and practices companies use to stop their competent and valuable employees from leaving their jobs.
Employee retention strategies help organizations provide effective employee communication to improve commitment and enhance workforce support for key corporate initiatives
For smooth functioning of the organization skilful, experienced, and competent employees are required
HealthcareSource® Behavioral Assessments: Recruit for Higher Retention in Hea...HealthcareSource
By harnessing behavioral assessment solutions from HealthcareSource that are designed to increase retention and improve patient satisfaction, HR teams can help leaders, managers, and employees reduce costs and improve the patient experience—the ultimate goal for any healthcare organization. In addition, Southwest General Health Center shares their success story with using Staff Assessment to develop high performers.
Ways to improve employee performance
http://waysforemployeeperformance.blogspot.in/2017/06/ways-to-improve-employee-performance.html
Amit Sarode,
Digital Marketing Executive,
Talent Corner HR Services Pvt. Ltd.
About Talent Corner
Talent Corner H.R. Services is a professional human resources consultant providing innovative recruitments solutions to the corporate world. Incorporated in 2002, Talent Corner has now grown into one of India’s top HR Services Companies with Over 150 employees in Offices and located at 10 Locations across the country. We are currently serving over 900+ clients in diverse industries.
We are providing recruitment services in Bangalore, Chennai, Delhi, Hyderabad, Pune, Kolkata, Rajasthan, Gujarat, & Cochin. In a Dynamic Business World, Standardized Business Solutions don’t Often Work. Therefore we offer customized Recruitment's and Executive Search Solutions for Companies across industries. Visit our website to know more about us at: http://talentcorner.in
Apart from High Quality Recruitment Services, Our Industry Demands “Ownership” in Business. Thus in Order to Scale, we have Developed a Unique Recruitment Franchise Opportunity to harness your Entrepreneur Aspirations. To know more about our recruitment franchise opportunities, visit : http://talentcorner.in/franchise-at-talent-corner
Here you will come up with some glimpses of retention management being followed by different organisation and what were the varied techniques were implemented to retain the employees back in the organisation.
Employee engagement refers to the level of dedication and enthusiasm employees hold regarding their tasks, responsibilities, and the overall objectives and culture of a workplace. It’s important to measure employee engagement (in a worthwhile way) and embed employee engagement into an organisations culture.
For more content like this, check out Acorn Labs: http://acornlabs.education/
How to Build a Stronger Happier Workplace - whitepapersmartOne Prepaid
The first thing employees refer to when rating their overall job satisfaction is their "work environment". Creating the right work environment is crucial to your brand within the corporate community.
Read "How to build a stronger, happier workplace" for insight and suggestions that can help you make a difference.
Keep Employees Engaged, Happy, Productive, and Loyal to an Organization. Be flexible: Not just with hours but how you treat them. Motivating employees is an important component to a successful company.
How To Increase Your Culture of Employee EngagementMonster
Is it 5 o’clock yet? As a manager, that is probably not your favorite thing to hear around the office. Although employees show up on time and get their work done, many are counting down the hours, minutes and seconds until they can go home.
Wouldn’t it be great if employees enjoyed their job more? As a manager, there is only so much you can do to Engage an employee who has no interest in being Engaged. The real solution is for the employee to want to be more Engaged. When the responsibility for increasing Engagement is shared, outcomes are much more favorable for the employee and employer.
In this informative online session, participants will learn:
• The joint model of Engagement
• How an Engaged workforce affects business outcomes
• How to educate employees on Engagement
• Employee benefits of being Engaged
• Tips for employees to increase their own Engagement
• How managers can support employees in joint ownership of Engagement
Employees will go from watching the clock to wondering where the day went.
what creates employee engagment ? What are the factor for causing disengagment underperformance and finally attrition. This burning issue is addressed by Dr Wilfred Monteiro HRD guru to India's leading business houses
2. 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.
reasonS for increasing employee attrition
if they are either unhappy with their job, or feel that they have
not got enough from the company.
monotonous tasks
odd working hours
lack of growth
jobs have also become easily accessible.
3. Hiring new employees requires good amount of time and money
There is always a risk if the new employee selected will adjust to the new
environment, his dedication and work efficiency etc.
Resignations are quite infectious.
There is loss of knowledge
Relationship with customers is affected..
higher retention rate helps to build goodwill of the company
4. Increase Employee Engagement
Ensure that the employees have a clear understanding of their roles and
responsibilities in the organization.
Employees can also be offered to head larger teams, be involved in forecasting and
goal setting for the company, and also be allowed to make more meaningful decisions
at their own level
Ensure that the employees feel valued for their contributions, and have high job
satisfaction.
Increasing employee engagement helps to develop emotional connection,
enthusiasm among the employees.
5. MOTIVATE EMPLOYEES
offer the employee perks and incentives, along with added
frills like employee stock options, bonuses and other monetary
gains.
give an employee a chance to grow within the organisation.
show your employees that you value them and they are
irreplaceable.
provide employees with flexible working hours, work from
home facility, and education at work.
to involve and support employees in achieving organizational
goals.
Find out what are the things that demotivate employees.
6. Implement a well-designed assessment and
selection process
Include behavioral assessments and structured
behavioral interviewing techniques
ensure that the skill set of the people match with
the available profile.
identify the required traits, competencies, skill-
sets and personality-related competencies, if any.
assess a potential employee’s communication
skills.
understand a candidate’s level of expertise in the
context of the job being applied for.
hold employees satisfaction surveys time to time.
7. Recognition of Performance
openly recognizing the performance, initiative, and good work increases
the morale and motivates the employee to work more productively.
cash benefits like extra payment for extra load bearing, regular
increments, and other cash benefits on specific occasions.
Non cash benefits like job rotation, skill enhancement, etc., can also be
exercised.
Appreciating the performance.
8. Focus On Team Building
Promoting team culture helps to actively
involve all employees in achieving the goals
and in overall success of the organization.
Team building promotes team work and
team effort that help them to tackle work
pressure.
help to reduce workplace conflicts
between team members as they work in a
team.
provide a competitive advantage to
organization.
9. managers attitude
Explain why.
Show that you care.
Listen before you speak.
Say what you mean and mean what you say.
Be fair.
Engage and encourage people to come up with their own solutions.
Promote this: "You have the right to disagree, but you should never be disagreeable".
10. Communicating with Employees
It will keep the management informed about whether he is happy in the job or
not.
It will also keep them keyed in into the fact whether an employee is planning
to leave.
Improve manager and employee relationships
Show your employees you care about their lives both inside and outside of
the office.
Ensure that the environment in which they are working is one that
encourages and motivates
11. Implement programs for employee
training and development
Shows willingness of an organization to develop their people
.
Providing opportunities for improvement and growth.
It makes an employee more loyal towards an organization
It makes the employees mobile & versatile
It helps employees to gain acceptance
OTER TECHNIQUES
Exit interviews
Retention interviews
Focus groups and surveys
12. Factors essential for making retention
techniques effective
• Clarity of role•
Good Managers/Supervisors
• Open and transparent culture
• Talent management and skill utilization
• Learning and growth opportunities
• Communication and contact
• Employee appreciation
13. CONCLUSION
Employees are a valuable asset to any organization. It is essential to protect this vital
resource as talented and motivated employees play a crucial role in overall growth and
success of the organization.
Focusing on employee retention techniques can positively impact the organization as it
increases employee productivity, performance, quality of work, profits, and reduces
turnover and absenteeism.
Effectively creating an engaging environment, recognizing good performance, giving
benefits and rewards, promoting mutual respect are some of the ways for effective
employee retention.