Retention Of Employees

“We cant stop employees from

leaving unless we have a plan to
make them stay!”
 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.
 Employee retention is beneficial for the
organization as well as the employee.
 Employees Retention involves five major things:

Compensation Environment Growth

Relationship Support
 What makes employee leave ?

 Job is not what

employee expected.
 No growth
opportunities .
 Lack of appreciation.
 Lack of trust and
support.
 Stress from overwork.
 Compensation.
 New job offers.
 Employee Retention Strategies.
 Hire the right person in right
place.
 Empower the employee.
 Make them realize that they
are valuable for Organization.
 Have faith in them , trust &
respect them.
 Provide Information &
knowledge.
 Give feedback on performance.
 Recognize & appreciate their
achievements.
 Keep their morale high.
 Create healthy environment.
 Importance of Employee Retention.

 The cost of turnover.

 Loss of company knowledge.
 Interruption of customer services.
 Turnover leads to more turnovers.
 Goodwill of Company.
 Regaining efficiency.
 Retention Myths (Conclusion)

The process of retention is not as easy at it seems.

There are so many tactics and strategies used in retention

of employees by the organizations.

The basic purpose of these strategies is to increase

employee satisfaction, boost employee morale hence
achieve retention.