Top Banner
Attrition Management High Engagement and Low Attrition Panel Discussion
11

Attrition Management High Engagement and Low Attrition

Feb 25, 2016

Download

Documents

chyna

Attrition Management High Engagement and Low Attrition. Panel Discussion. Key to Engagement – Values & Motivation. Saurabh Singh National Head Pearson Talent Assessment. About Pearson Talent Assessment. We are a division of Pearson Group - PowerPoint PPT Presentation
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Attrition Management High Engagement and Low Attrition

Attrition ManagementHigh Engagement and Low Attrition

Panel Discussion

Page 2: Attrition Management High Engagement and Low Attrition

Key to Engagement – Values & Motivation

Saurabh SinghNational Head

Pearson Talent Assessment

Page 3: Attrition Management High Engagement and Low Attrition

3

About Pearson Talent Assessment

The Financial Times is the most international source of business news, data and analysis. Leading brands: FT, Economist, IDC

Pearson Education is the world’s leading education company. Leading brands: Longman, Prentice Hall, Addison Wellesley, Scott Foresman

The Penguin Group is one of the world’s great consumer publishers. Fiction, non-fiction, reference books

We are a division of Pearson Group$8.4bn, 37000+ employees, operation in 60+ countries

Page 4: Attrition Management High Engagement and Low Attrition

Attrition – A Plaguing Challenge Attrition – increased organizational cost

Limits optimal utilization of HR potential

Disrupts workflow due to unplanned exits and costly replacements

A drain on the organization’s resources like recruitment expenses, training and orientation resources and time of stakeholders

Leads to insecurity among co-workers

Page 5: Attrition Management High Engagement and Low Attrition

Attrition: A perspective ! Reducing attrition may not always be the same as

increasing retention.

Addressing workplace factors contributing to a negative experience like monotonous nature of job , poor mentoring, workplace politics, low career growth, irregular working hours, lack of recognition can help manage attrition

Motivational & fitment issues are among the most

important intrinsic factors for employee exits

Page 6: Attrition Management High Engagement and Low Attrition

Level of Motivation has a direct effect on Attrition

Page 7: Attrition Management High Engagement and Low Attrition

High involvement – High Motivation works wonders !

Page 8: Attrition Management High Engagement and Low Attrition

Inter-personal Motivators

Recognition Independence Benevolence

Support Conformity Power

Page 9: Attrition Management High Engagement and Low Attrition

Personal Motivators

Goal orientation Achievement Variety

Materialism Conviction Orderliness

Page 10: Attrition Management High Engagement and Low Attrition

How to ensure high sustenance in Organization ! Employee involvement adds to employees’ growth needs and

sense of achievement by an optimal utilization of skills and potential.

Employee participation in planning ,decision making and in articulating new policies - improves employee motivation.

Finding ways to intrinsically motivate employees can have a direct impact on their effectiveness and performance thereby resulting in sustenance as well

Page 11: Attrition Management High Engagement and Low Attrition