Executive Summary: The Reasons Of Employee Retention?

EXECUTIVE SUMMARY

EMPLOYEES RETENTION

Employee retention means to retain the employees in the organisations and not giving them chance to leave the organisations at any cost.

The burly block for any organisations is just not to get the best employees for the organisations, but to also retain them in the organization.

There are number of reason because of which an employee leaves or try to quit the job, some of them are:

1. The number of opportunity are increasing, now a days there are vast number of opportunities available and the employees just need to grab them for their goof future.

2. Lifestyle choice is another reason as the person are become more conscious about their standard of living and making expenses to live life comfortably they

Uncomfortable / unbalanced work life, people now a days believe in doing multi- tasking which results in not maintain the work life, now a days employees want convent job a job which they are able to do other work too and also able to maintain the balance between work and life.

Employee retention is the process where the organization tries to motivate the employees to stay in the organization, organization tries the level best to retain the employees for a long period of time.

Any organization does not have power to stop any of its employees until or unless they have some stratify or a plan to retain the employees in the organization. Different companies have different ways of retaining the employees, but what matter is what is the plan set in the mind of the company to retain the employees.

Employees are the most important part for any organization. They are the associate degree and are the integral part of the organization, without the employees the company cannot imagine to grow and cannot additionally be ineffectual to realize something not even a single goal of the organization.

Turnovers lead to more turnovers. Herd mentality is what men and women

The administration lacks in supplying a worker a supportive and good work culture in phrases of personal or legit relationships.

Aid: Lack of aid from superiors can frequently become a cause for the employee to no longer keep in the institution. Superiors will have to help and aid their subordinates. Management should attempt to focal point on its workers and help them no longer handiest of their unhealthy times at work but additionally via the instances of private predicament.

Hire the correct individual in right location. Empower the workers.Allow them to comprehend that they are major. Place confidence in them trust and appreciate them. Supply them expertise and talents. Give suggestions on their efficiency and admire their work and preserve their morale high. Create a comfortable and healthful environment.Employee retention is significant for the lengthy-time period, development and success of the corporations. So, eventually if we truly respect, appreciate, and treat the staff proper we can never lose them. Employee retention could be very beneficiary for the organization as well as the worker. It is the sole responsibility of the management to keep the best expertise.A single resignation saved is a profit