3. ATTRITION
OUR ASSEST
WALK OUT OF THE DOOR
EACH EVENING,
WE HAVE TO MAKE SURE THAT
THEY COME BACK
THE NEXT MORNING.
NARAYAN A MURTHY
CHIEF MENTOR OF INFOSYS
4. Retention of Employees
“You can’t expect people ….
to be committed, ….
to be loyal to an organization, …..
to be engaged in an organization, …..
[or] to want to stay in an organization, ….
if the company doesn’t care about them.”
6. Top Reasons - Employees Leave organization
•
•
•
•
•
•
•
•
•
•
•
Fail to connect with their bosses as leaders and people
Work environment is not friendly
No appreciation
Managers not listening
Limited career growth opportunities
Lack of respect
For higher compensation
Felt their job duties were unchallenging
Felt their supervisor lacked leadership skills
For better work hours and
For job satisfaction
8. Importance of Employee Retention
• Employees are the heart and soul of an organization
• Employee turnover is costly for an organization
• Finding suitable replacements for key employees is
difficult
• Low
employee
turnover
performance of an organization
leads
to
outstanding
9.
10.
11.
12. What should do I to retain my talent?
You have to ensure that your ……
13. • Employee should not feel unhappy & dissatisfied…
Provide good facilities & better work environment
14. • Employee should not feel being left out …
Provide friendly atmosphere inside the company
15. • Employee should not feel discouraged …
Provide proper learning & growth opportunities
16. •
Employee should not feel overburdened & stressed …
Distribute & delegate proper workload
17. • Employee should not feel difficulty in attending office…
Provide better facilities for commuting
19. •
Employee should not feel his job is difficult…
Provide appropriate training & guidance
20. • Employee should not be forced to do unpleasant things
… Provide appropriate rewards & recognitions for work
21. • Employee should not feel giving up…
Provide proper support in difficult times
22. • You should Seek & Give Support
to your team members for achieving success
23. You should also take care of your employees….
Spiritual Well-being
a sense of Connectedness, Purpose &
meaning, Gratitude, Personal control / inner
harmony
Intellectual Well-being
openness to new ideas, think critically, nourishment to
creativity / curiosity & motivation to master new skills.
Emotional Well-being
Healing – from stress, anxiety & depression,
Change – in thinking, feeling, and behaving,
Self-confidence and Growth
Social Well-being
interaction with other people, through Marriages,
Family get together, Social gatherings etc.
24. Occupational Well-being
Physical Well-being
Finding a job that integrates and balances skills &
interests, a healthy way to integrate work into life, &
maintaining a suitable balance between work and life
Cardio vascular health, muscle strength, flexibility,
life energy, enough sleep & quality nutrition
Environmental Well-being
Minimize Global Warming, Air & Water Pollution,
Noise & Vibration, Food Refining etc.
Financial Well-being
Helps to attain Stability & Security, Worth,
Esteem & Self Actualization
and
25. Therefore it is said ….
" That which is beautiful is not always
good;
but that which is good is always
beautiful"
So create good atmosphere,
better learning opportunities,
respect, recognize & reward employees,
provide better compensation and
career growth for your employees.
26. This way you should be smart enough to retain your
valuable employees
Hinweis der Redaktion
Try to incorporate healthy workplace environment by implementing the best safety measures at the workplace.
*David Sirota: Coauthor of The Enthusiastic Employee: How Companies Profit by Giving Workers What They Want
*In a minute we are going to see the top reasons employees leave their jobs.
*This information was taken from a compilation of published journal articles.
*Before we continue, give me some reasons you think employees leave their jobs
*What do you think the number one reason is?
Go through reasons
Compare previous answers
*How do you think this connects to your role in your county office?
-How can you develop good working relationships with your co-workers to overcome the “connection” issue?
-Have any of you had complaints by co-workers about your office setting?
In the study by Bhasin, he refers to the workplace as sometimes being hostile.
What are some ways you could help the office setting become more friendly?
Extension Risk Management
-Have you ever had a boss that made you feel appreciated or not appreciated?
In what ways did he/she make you feel appreciated
In what ways did he/she make you feel appreciated
Give me some ideas about how you could make your co-workers feel appreciated
Congratulate, compliments, end of the week lunch, thank you cards
What about asking their input on certain decisions? Sometimes, that is a big compliment to people.
-It is always a good idea to take into considerations what your co-workers/employees are saying.
This could help your organization, work environment, and employee retention
*We covered this in the previous slide so answer this question for me…
*In Extension, why is it important to keep employees long term?
*These studies suggest that it is important to keep employees long term because (read above)
*How do businesses expand?
Grow in size, right?
How are they able to grow in size?
By hiring more employees?
Higher employee retention means more success for the business.
