HRM STRATEGIC PLAN

RETENTION STRATEGY PLAN

 Assign Duties That Offer Competitive
Hire The Right Match Employee's Pay and Benefits
Talent lnterests

A competitive pay and

Employees eagerly
Hiring the right talent benefits plan (health care,
anticipate on completing
solves a lot of employee- loans, sick leave and
duties and tasks that
related issues. If vacation) can reduce
engage their interest.
applicants were carefully turnover and motivate
Designing jobs and
screened and verified employees to stay. It helps
incorporating the interests
before hiring, managers them feel ensured that
of employees when
would not have to waste they will be compensated
planning workspace duties
time managing fairly which will bring the
can help increase their
underperforming workers. best out of the employees
motivation to work.
at workplace.
 Appreciate Create
Employees Output Cultivate Team
Performance Cultivate Team
Spirit
Appraisals Spirit

Employees will work more Regular performance

Introducing employees to
and stay longer if their reviews, constructive
activities that cultivate
effort is appreciated. A coaching, and constant
team spirit can help
simple recognition can go feedback sessions can
encourage them to work
a long way toward help keep employees
as a team. Doing seasonal
inspiring and motivating feeling secure. These
excursions or team-
staff. Giving rewards assessments reassure
building activities can
(bonus pay, salary employees that they are
encourage employees to
increase, and gifts) for delivering their work up to
treat the workplace as
producing quality work is the standards expected of
their home.
another effective tactic. them.