Scribd Logo
Importer

Bienvenue sur Scribd !

  • Human Resource Management Retention Grp8

    Transféré par

    mms14_057_dhawal
    23 vues12 pages
    Employee retention refers to an organization's ability to retain its employees. It can be represented by a retention rate but also involves strategies used by employers to retain workers. These strategies include offering competitive compensation and benefits, opportunities for growth, an open work environment that values relationships, and rewards and recognition. Dimensions that impact retention are attrition rates, employee interest, costs, policies, and workforce availability. Several companies are compared on these dimensions.

    Description originale:

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Formats disponibles

    PPTX, PDF, TXT ou lisez en ligne sur Scribd

    Avez-vous trouvé ce document utile ?

    Ce contenu est-il inapproprié ?

    Signaler ce document
    Employee retention refers to an organization's ability to retain its employees. It can be represented by a retention rate but also involves strategies used by employers to retain workers. These strategies include offering competitive compensation and benefits, opportunities for growth, an open work environment that values relationships, and rewards and recognition. Dimensions that impact retention are attrition rates, employee interest, costs, policies, and workforce availability. Several companies are compared on these dimensions.

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme PPTX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    23 vues12 pages

    Human Resource Management Retention Grp8

    Transféré par

    mms14_057_dhawal
    Employee retention refers to an organization's ability to retain its employees. It can be represented by a retention rate but also involves strategies used by employers to retain workers. These strategies include offering competitive compensation and benefits, opportunities for growth, an open work environment that values relationships, and rewards and recognition. Dimensions that impact retention are attrition rates, employee interest, costs, policies, and workforce availability. Several companies are compared on these dimensions.

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme PPTX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 12

    EMPLOYEE RETENTION

    Employee retention refers to the ability of an organization to retain its employees. Employee retention can be represented by a simple statistic (for example, a retention rate of 80% usually indicates that an organization kept 80% of its employees in a given period). However, many consider employee retention as relating to the efforts by which employers attempt to retain employees in their workforce. In this sense, retention becomes the strategies rather than the outcome.

    Involves
    Compensation

    Growth

    Environment

    Relationships

    Open communication between employees and management Use contests and incentives to help keep workers motivated and feeling rewarded Provide some small perks Offer rewards Offering trips Employee engagement

    UNICONNECT SIM PVT LTD.

    BUSINESS COUNCILS DIVERSITY ALLIANCES AWARDS AND RECOGNITION EMPLOYEE DEMOGRAPHICS EMPLOYEE ENGAGEMENT FINANCIAL REWARDS

    Experiment and career soul searching Option for hierarchical movement and lateral growth Rewards and recognition: Higher education Support facility Career Growth

    Performance-driven Rewards Comprehensive development and learning programs Challenging work context Competitive rewards Exhaustive induction and orientation program

    Onboarding Appreciation Death benefits Acknowledge, Appreciate & Reward

    DIMENSIONS
    Attrition Employee interest Money spent for retaining Organizational policies Type of work force and it availability

    The Chopras

    UNICONNECT SIM Pvt Ltd.

    Infosys

    Glaxo Smith Kline

    Google

    Attrition %

    7%

    28%

    20%

    28%

    Environment

    Growth

    Support (Yes or no)

    Culture (Open or close)

    Vous aimerez peut-être aussi