Home Employee Turnover Employee Engagement Retention Strategies Managing Retention
Retention
 
Retention Success Mantras
 
Employee Turnover
 
Employee Engagement
 
Employee Empowerment
 
Managing Retention
 
 
 

High Level Strategies

 
  • Promoting Work/Life Effectiveness

  • Develop flexible schedules

  • Part-time schedules


  • Extended leaves of absence


  • Develop Support Services

  • On-site day care facility etc.


  • Understand employee needs: This can be done through proper management style and culture

  • Listen to the employee and show interest in ideas

    • Appreciate new ideas and reward risk-taking


    • Show support for individual initiative


    • Encourage creativity
  • Encouraging professional training and development and/or personal growth opportunities: It can be done through:

    • Mentoring programs


    • Performance feedback programs


    • Provide necessary tools to the employees to achieve their professional and personal goals


    • Getting the most out of employee interests and talents


    • Higher study opportunities for employees


    • Vocational counseling


    • Offer personalized career guidance to employees


  • Provide an environment of trust: Communication is the most important and effective way to develop trust.

    • Suggestion committees can be created


    • Open door communication policy can be followed


    • Regular feedbacks on organization’s goals and activities should be taken from the employees by:

      • Management communications


      • Intranet and internet can be used as they provide 24X7 access to the information


      • Newsletters, notice boards, etc.


  • Hire the right people from the beginning: employee retention is not a process that begins at the end. The process of retention begins right from the start of the recruitment process.

    • The new joinees should fit with the organization’s culture. The personality, leadership characteristics of the candidate should be in sync with the culture of the hiring organization.


    • Referral bonus should be given to the employees for successful hires. They are the best source of networking.


    • Proper training should be given to the managers on interview and management techniques.


    • An internship program can be followed to recruit the fresh graduates.


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