Retention of Employees

Hi Everyone. Yes, I would say retention of employee is necessary in today's world.

1. Employees are asset for any company. If he gets good money for his services then he definitely gives his 100%.

2. Employees are not only working hard but they are also emotionally engaged with the organisation.

3. Yes, I know now a days every one is professional in his field and looking for best opportunities always. However after some point of time he needs stability instead o changing the jobs.

4. Corporate companies offers reward/incentives for the employees who stay connected for long time.

5. Changing the job frequently is not good for individual as well as for the organisation. The company spends time and money on new employees and it becomes waste when the employee lefts the organisation. In same way for the employee it is not a good sign and it raise question on his ability.

6. Staying with the organisation for long time allows employee to gain good amount of knowledge which surely helps him for future growth.

So in my point if view retention of employee is necessary for any organisation. Thanks.

In my point of view, retention of employee is very necessary for any organization because of the following reasons-.

1. Employees are the asset to any organization, they play the role of backbone to the organization.

2. Whenever any employee joins an organization, he/she is been given induction and orientation programmes to understand the culture and work system of that organization, then the training and development is been provided to that employee so that he/she come to know about the methods and pattern which is been followed in that organization. And company spend a lot of money and time on that employee to make sure that the employee performs its best to it.

3. Sometimes it also happens that the organization doesn't want to lose that particular employee, the reason could be that the employee is giving his best to the organization and that became the reason that another competitor is doing headhunting, in that case, company offer that employee other attractive benefits or increase in salary.

So, this is few reasons why the company want retention of their employees.

Thank you.

Hi everyone, I would like to share some strong points retention of employees is necessary at the workplace as per the employee ability and calibre. When As we know all depends on employees they make or break the company. At the workplace we should work as a team then we can achieve our goals single person can't achieve the Target so in my view we have to focus all employee.

We have some strong view.

1. The employee who is the best performer gives him some extra initiative and track weekly base rewards some gift like an employee of the month.

Give him some training schedule for the next label.

2. Who is a low performer do this guys service audit so that you can get to know about these employees who are performing poor?

And provide him with training where they need.

If an employee will get benefits towards their career never they will think about the live current organization. But we need to focus all staff because we believe in a team.

Thanks.

Retention of employees is needed for any business to ride success but only when the employees are faithful and efficient. Organisations invest lots of money in the development of its employees by imparting training. But many a times employees switch organisations. In this case, it is very much needed for any organisation to delve into the core of the situation and find out the reasons of employee loss. If it is because of lack of job satisfaction among the employees then organisations should deploy efficient methods to retain the valuable employees cause it is very time consuming to train the new employees and it also takes time for a new employee to get settled into the new atmosphere. Moreover, there is always a chance of leaking valuable organisational information during employee loss. So if it is frequent then management should and must change hr policies to retain the efficient employees and not let the brain drain. Thank you.

Retention of employees is very important for any company to save costs on hiring new talent and training them on their role in contributing to growth of the company.

First, we need to analyse from an employee point of view why an individual wants to leave the company in which they are working and then provide solutions like increasing their incentives based on performance, training sessions for them to upskills and contribute greater skills to the company, good work environment, other perks like travelling allowance or facility for the workplace, overall well being of employee and should be treated as an asset to a company which can help the company save its cost which will help them in long run and also created a good brand image for the company in public where its gets great reputation and many skilled individuals will look up as an opportunity to showcase their talent and contribute towards the common goal of the company.

I complelety agre with all of you that employees are indeed the biggest asset an organisation and so, employees' performance ultimately defines the success of an organisation.

As per the current trends, sectors like IT, BPO have a very high attrition rate. Companies spend a lot of employees right from their recruitment, training to motivating them etc and when en employee leaves, then it is a big loss for a company and this problem cannot be tackled just by hiring more people. This is because, it takes a lot of time for an employee to get adjusted to a particular organisation. So, the company needs to value its expereinced employees and try their best to retain them.

For this, the first important thig would be to try to find out the reasons for the attrition. The reasons can be:low compensation, low motivation, less challenging work etc. After finding the reasons, the organisation needs to work on it as soon as possible.

Now I would like to add my views in this discussion, I really appreciate to all of your views. I know very well some of you are in favour of retention of the employees and some of you are not in favour of retention of the employees. But in my opinion I would like to say that retention of the employees is the most important task of every organisation.

But its depends on the ability, caliber, and work efficiency of the employee. If any employee is giving the best benefit to the company then in this situation the company will never loose such kind of these employees. Every organisation know perfectly about their employees. Who is most important for our company. What is the capacity, work efficiency, of the employees. Who is much more responsible towards his job. So that I want to say that if company feels that this employee will give us more and more then Company will sure retain his employee.

Human resource is the most valuable resource because the success of an organisation depends to a greater extent on the moral and interest of its employees towards work and the progress of the company.

The employees work efficiency increases when he is feels satisfied. Satisfaction comes only when he is ensured of his basics needs of food, shelter and job security.

When he is deprived of any of these basic physiological needs he losses faith in the organisation and as a result his efficiency deteriorates thereby causing an ultimate loss to the organisation.

Thus employee retention is mandatory since the employee with a secured job can contribute whole heartedly with out fear towards the uplift-ment of the company than a temporary employee. In case of incompetencies in employees suitable training may be provided in their field by the company than firing the employees off their job.

I am agreeing with your points and what I would like to say is that retention of employees are must for all organization, whether it is governmental, nonprofit, corporate is not a matter.

The employees are working for the organisation and in return they expect something from employers too. So the employers are liable to provide things to employees, that include good working environment, free food or subsidized food, career development opportunities, appreciate their work like salary hike, promotion, employee award of the months or year etc. Gatherings are also required to get the employees' relaxed like family gatherings, b'day parties etc.

The company need to know the employees' wish, understand their professional problems and try to resolve that. If the employees are satisfied with their current job, the company can reduce the attrition of employees to a certain extent.

Retention is needed everywhere in our life it might be for an organization as well as for a business.

For any organization employees are their main asset and employees latent and knowledge helps to enhance the organization growth.

Every organization is choosing the best employee during their interview time as per their requirement.

After the recruitment organization also provides lots of training for each individual for their benefit and also for employee benefit.

After working in a company for a long time there are also emotional attachment is there for an employee. Our first preference to groom ourselves and then looking for Salary. If the employee is capable enough to deliver the best then employer must retain him or her to keep utilizing his or her latent.

Finally I wanted to say Employee and Employer both will be happy if they can understand both side problem.