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RETAINING

HUMAN
CAPITAL
RETAINING HUMAN CAPITAL
TASK

Give five main reasons why employees leave the company


i.
ii.
iii.
iv.
v.
• Why do we need to retain people?
• What is the role of MyPerformance and MyPortfolio in job retention?
EMPLOYEE RETENTION MODEL
Retaining Human Capital

• Identify people with organization goal and value.


• Offering challenging jobs and stimulating environment.
• Providing flexibility in work action.
• Rewards and recognitions.
HOW TO RETAIN PEOPLE

• Creating and maintaining a workplace that attracts, retains, and nourishes good people
• Growth and development
• Financial reward
• Competitive reward and benefit
• Stimulating and challenging job
• Flexibility
• Congenial work environment
• Support strategies
• Optimal fit between job requirement and the job holder
• Employer branding
• Learning organization
• Culture & relationship
PROVIDING FLEXIBILITY IN WORK ACTION

• Granting employees autonomy to control when, where and how they get their work
done
• tele-commuting
• arrangements related to schedule control
 flexi-time and working-time autonomy vs
fixed schedules and employer-oriented
flexible schedules.
• work arrangements
• compressed work weeks
• alternative scheduling
ADVANTAGES

• Improve employee health


• Lower real estate costs
• Ensure business continuity
• Increase diversity and inclusion

Recommendations:
• Make flex a key part of the organization's employee value proposition.
• Ensure that flex isn't "smoke and mirrors" but a key driver of engagement.
• Leverage flex for recruiting untapped talent pools.
• Brand the organization as a provider of flex solutions.
• Leverage flex to redesign work processes.
• To achieve these ends,
REWARD AND RECOGNITION
• Compensation vs benefits?
• Fair compensation?
QUESTION
What are the benefit of proper
compensation?

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THE WAY TO GET
STARTED IS TO QUIT
TALKING AND BEGIN
DOING.

Walt Disney

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THANK YOU

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