Retention of Your Best Employees

 Retaining key employees is critical to the long-term health and

success of your business. Managers readily agree that keeping your
best employees ensures customer satisfaction, increased product
sales, satisfied, happy coworkers, and effective succession
planning and organizational knowledge and learning.
 These are the some ways which is helpful for retained employees:
 Workplace Culture
 Growth Opportunity
 Perks
 Flexibility
 Praise
Employee Commitment in the
Workplace
 An organization with good employer-employee relationship will sure
achieve their objectives without any loss out of their business. Employee
commitment plays a vital role in the development of each and every
organization all over the world. Employee motivation, employee
engagement, employee loyalty and employee communication are
also some of the factors important in an organization towards achieving
their objectives. A state of emotional and intellectual involvement that
employees have in an organization leads to a greater success.
 To survive in today’s competitive environment, every organization is in
need to excel. To excel, an organization needs to focus on all parts of
their management, optimizing the use and effectiveness of all of its
resources. An organization should concentrate towards the growth of
their employees which automatically creates good commitment of
employees towards their goals and objectives. The fact is employee
commitment and engagement towards an organization paves the way
for an organization to achieve its goals and objectives in a standard
approach.
Organizational Citizenship Behavior

 Organizational citizenship behavior (OCB) is a term that

encompasses anything positive and constructive that employees
do, of their own volition, which supports co-workers and benefits the
company. Typically, employees who frequently engage in OCB may
not always be the top performers (though they could be, as task
performance is related to OCB), but they are the ones who are
known to ‘go the extra mile’ or ‘go above and beyond’ the
minimum efforts required to do a merely satisfactory job. Your
organization will benefit from encouraging employees to engage in
OCB, because it has been shown to increase productivity, efficiency
and customer satisfaction, and reduce costs and rates of turnover
and absenteeism.
OCB A Worthy Investment

 One of the crucial elements of OCB is the fact that although it is

often recognized and rewarded by managerial staff, employees do
not necessarily make the connection between performing OCB and
reward gain
 At the same time, it increases employee performance and
wellbeing, as cooperative workers are more productive, and OCB
enhances the social environment in the workplace.
Five Common Types of
Organizational Citizenship Behavior
 Altruism
 Courtesy
 Sportsmanship
 Conscientiousness
 Civic Virtue
Financial Incentives
 A financial incentive is money that a person, company, or organization offers to encourage
certain behaviors or actions. Specifically, behaviors or actions that would not otherwise have
occurred. The financial incentive, or monetary benefit, motivates certain behaviors or actions.
Financial incentives are as follow:
• Salaries
• Bonuses
• Overtime
• Commission
• Company cars
• Pensions
• Life Insurance
• Profit sharing
• Accommodation Allowance
• Medical insurance
• Provident Fund
• Leaves
Non-Financial Incentives
 Money is not the only motivator, the employees who have more of
esteem and self-actualization need active in them get satisfied with
the non-monetary incentives only.
Non-financial incentives are as follow:

• Status
• Organizational climate.
• Career advancement.
• Job enrichment/ assignment of challenging job.
• Employee’s recognition.
• Job security.
• Employee’s participation.
• Employee empowerment.