SUBMITTED BY :

MISS NADIA NOOR

SUBMITTED BY :
AROOJ SHAHID (61651006)
FATIMA RIAZ (61651011)
IQRA ABID (61651014)
IQRA INTEZAR (61651015)
PROGRAM:
BBA 6TH SMESTER
INTRODUCTION
WHAT IS EMPLOYEE RETENTION?

“ 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.”
 WHAT MAKES AN EMPLOYEE LEAVE?
• Job is not what employee expected
• Stress of overwork
• No growth opportunities
• Lack of appreciation
• Lack of trust and support
• Compensation s
• New job offers
RETENTION INVOLVES FIVE MAJOR THINGS

• Compensation
• Environment
• Growth
• Relationship
• Support
 COMPENSATION

The employees always have high expectations regarding their

compensation packages .

Compensation includes:
 Salary and wages.
 Bonus
 Health Insurance
 ENVIRONMENT

A motivated employee wants to

contribute to work areas outside of his
specific job description.
 GROWTH

If an employee can not foresee his

path of career development in his
current organization, there are chances
that he’ll leave the organization as
soon as he gets an opportunity.
 RELATIONSHIP
Management is often not able to
provide an employee a supportive
work culture and environment in
terms of personal or professional
relationships
 SUPPORT

Employees today are asking

for a work place that helps
them balance the demands of
their work and family lives
THE MAJOR POINTS IN EMPLOYEE RETENTION STRATEGIES ARE:

• Hire the right person in right place

• Empower the employees
• Have faith in them trust and respect them
• Provide information and knowledge
• Give feedback on their performance
• Appreciate their achievements
• Create an healthy environment
• Keep their moral high
IMPORTANCE OF EMPLOYEE RETENTION

• The cost of turnover

• The lose of company knowledge
• Interruption in the customer service
• Goodwill of the company
• Regaining the efficiency
 CONCLUSION

The process of retention is not an easy task.

There are so many tactics and strategies used by the organization to retain the
employee.

The basic purpose of these strategies is to increase the employee satisfaction boost
employee moral and hence achieve employee retention.