The document discusses employee retention, which refers to an organization's ability to retain its employees. It can be represented by a retention rate that shows the percentage of employees retained over a period. The document notes that high employee turnover can be costly for businesses and negatively impact performance, knowledge, and morale. It provides tips for improving retention such as hiring with purpose, compensation, career development, work environment, listening to employees, and recognition.

1. E M P L O Y E E R E T E N T I O N
K H A L I D R A Z A
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2. WHAT IS IT? 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).
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3. W H Y I T M A T T E R S ?
No matter the size or stage your
business is currently at, having
employees leave is just bad for
business.
As the Wall Street Journal notes, a
high employee turnover rate can cost
“twice an employee’s salary to find
and train a replacement.”
Not only are there financial
repercussions, a high turnover rate
can also lower the knowledge base
in your company and decrease
performance and morale.
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4. employees are not engaged
Source: Gallup State of the American Workplace Report
7 out of 10
In the US, disengaged
employees cost
somewhere between
$450 and $550 billion
each year.
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5. 7 TIPS
TO RETAIN EMPLOYEES
Hire with Purpose
Compensate to Engage
Provide Career and not just a Job
Focus on Skills and not just Results
Work Environment and Culture
Listen to them
Challenge - Keep it Competitive
Recognition
E N G A G E
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6. H O W C A N I T B E D O N E ? F I N D # I B M I S A E P S
The focus is to ensure seamless
delightful experience from the start. Our
engagement begins pre-onboarding
The plan for 24 months covers education,
exposure, experience, and growth for
each EPS, providing them platform to
become an effective seller at IBM
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7. M E M O R I E S
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8. Don’t invest in technology and
use people. Rather invest in
people and use technology.
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Source: https://khalidraza9.wordpress.com/2015/08/02/awesome-quotable-quotes/

9. L E T U S K N O W
W H A T Y O U T H I N K
@ K H A L I D R A Z A 9