E m p l o y e e R e t e n t I o n - PowerPoint PPT Presentation

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E m p l o y e e R e t e n t I o n

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  1. B O TTO M - LIN E F O R E M P LO Y E E R E TE N TIO N A P R E SE N TA TIO N B Y T& A SO LU TIO N S

  2. W HAT ? Employee Retention is the effort or ability of a company or organization to retain or keep back its employees from leaving the organization in a much positive manner rather than force. Its just the opposite of employee turnover http://tasolutions.in/hr/

  3. W HY ? #1. Retaining the most valuable asset of an organization reduces turnover to a great extent which is time consuming and pinch on the budget. http://tasolutions.in/hr/

  4. #2. High turn over can be very expensive. Strategies geared towards retaining good workers helps offset employee replacement costs and reduces the indirect costs such as decreased productivity and lost clients. Therefore retention is important. http://tasolutions.in/hr/

  5. # 3. The process of retention somehow starts from the very day of recruitment of an employee. If the company have clear vision and mission statements of its establishments an provides good environment, the employees will surely spread a word of mouth to other candidates hence enhancing recruitment http://tasolutions.in/hr/

  6. #4. Companies with less employee turnover rate is generally considered as an ideal company and boosts morale of the employees working there. It sort of builds the overall reputation of the company http://tasolutions.in/hr/

  7. TA SO LU TIO N S.IN / H R SO M E H A N DY STA R A TE GIE S FOR E M P LO Y E E R E TE N TIO N A RE SH A R E D IN TH E F O LLO W IN G SLIDE S...

  8. HOW ? Provide good employee orientation Job analysis audits to provide realistic job previews

  9. Implement a well-designed assessment and selection process Implement programs for employee training and development

  10. Improve manager and employee relationships Provide an equitable or fair pay system

  11. TASOLUTI ONS.IN/HR THA NK YOU! T&A Solutions Your recruitment specialist