E m p l o y e e R e t e n t I o n

11
EMPLOYEE RETENTION BOTTOM - LINE FOR A PRESENTATION BY T & A SOLUTIONS

Transcript of E m p l o y e e R e t e n t I o n

E M P L O Y E E

R E TE N T IO N

B O T TO M - L IN E F O R

A P R E SE N TA T IO N B Y T& A SO LU T IO N S

W H AT ?

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Employee Retention is the effort or ability of a company or organization to retain or keep back its employees from leaving the organization in a much positive manner rather than force. Its just the opposite of employee turnover

W H Y ?

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#1. Retaining the most valuable asset of an

organization reduces turnover to a great

extent which is time consuming and pinch on

the budget.

#2. High turn over can be very expensive.

Strategies geared towards retaining good

workers helps offset employee replacement

costs and reduces the indirect costs such as

decreased productivity and lost clients.

Therefore retention is important.

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# 3. The process of retention somehow starts

from the very day of recruitment of an

employee. If the company have clear vision

and mission statements of its establishments

an provides good environment, the

employees will surely spread a word of mouth

to other candidates hence enhancing

recruitment

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#4. Companies with less employee turnover

rate is generally considered as an ideal

company and boosts morale of the

employees working there. It sort of builds the

overall reputation of the company

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SO M E H A N D Y

ST A R A T E GIE S F O R

E M P L O Y E E

R E T E N T IO N A R E

SH A R E D IN TH E

F O L L O W IN G

SL ID E S . . .

TA SO LU T IO N S .IN / H R

Provide good employee

orientation

Job analysis audits to

provide realistic job

previews

H OW ?

Implement a well -designed

assessment and selection

process

Implement programs for

employee training and

development

Improve manager and

employee relationships

Provide an equitable or fair

pay system

THA NK YOU !

TASOLUTI ONS . IN/ HR

T&A SolutionsYour recruitment specialist