Amu Seminar

EMPLOYEE RETENTION

ROOT MAP

I. INTRODUCTION

II. DEFINITION

III. MEANING

IV. EVOLUTION OF EMPLOYEE RETENTION

V. INDIAN SCENARIO OF EMPLOYEE RETENTION

VI. GLOBAL SCENARIO OF EMPLOYEE RETENTION

VII. CONCLUSION

INTRODUCTION

•Employee Retention is a method of taking measures to encourage workers to stay in the company for the highest possible time duration.

•It is a process in which the workers are motivated to stay with the completion of the particular project or long term.

•Long-term health and success of any organization depends upon the retention of key employees.

DEFINITION

Employee retention refers to the various policies and practices which let the employees stick to an organization for a longer period of time. Every organization invests time and money to groom a new joinee, make him a corporate ready material and bring him at par with the existing employees.

MEANING

An effort by a business to maintain a working environment which supports current staff in remaining with the company.

Many employee retention policies are aimed at addressing the Various needs of employees to enhance their job satisfaction and reduce the substantial costs involved in hiring and training new staff.

REASONS WHY EMPLOYEES LEAVE

Job is not what the employee expected

No Growth Opportunities

Lack of Appreciation

Lack of Trust and Support

Stress from Overwork

Compensation

New Job Offer

No Personal Life

Physical Strains

Evolution of employee retention

GLOBAL SCENARIO OF EMPLOYEE RETENTION

INDIAN SCENARIO OF EMPLOYEE RETENTION

CONCLUSION

Foster an environment of teamwork. It takes effort to build an effective team, but the result is greater productivity, better use of resources, improved customer service and increased morale.

Here are a few ideas to foster a team environment in your department:

Make sure everyone understands the department’s purpose, mission or goal.

Encourage discussion, participation and the sharing of ideas.

THANK YOU

DONE BY

S.AMUDHAMBA-II YEAR