2. Employee retention is a
major issue today since it
impacts a company’s
earnings in so many ways.
From lost productivity and
intellectual capital to the
additional time and effort
of hiring, employee
turnover is expensive.
Retaining employees is an
important topic in
leadership development
4. Challenge faced today
Becoming aware
of the reasons
people leave and
stay with any
employer;
alignment
between the
personal
aspirations and
organisational
goals.
Willingness to
work & job
satisfaction are
Retaining and
motivating
valuable
employees is
challenge as
basics depend
upon
awareness, team
spirit, trust,
and
accountability.
5. Crucial facts
As per the
data ,
attrition is
increased 38%
to 44% in
pharmaceutic
al industries.
Priorities as
Money, promotion,
transfer could be
reasons. Some
factors can be
addressed many
others may not.
Many times
people move from
organisation not
necessarily for
monetary but for
better perks ,
facilities, status
and WOW (Way Of
Working)
6.
7. Success mantras …
PAS (Perfect
Appraisal system),
timely recognition &
rewards, better perks
and facilities,
assigning challenging
tasks, empowerment,
providing positive
work environment,
Invest in training and
enrichment classes,
encourage ideas,