Retention of Employees

Employees are the assets of the organisation. Since the attrition rate is high, organisation must understand the various causes for this problem. When Cadbury conducted a survey last year, it was found that around 65% of the employees working in the organisations are not satisfied with the quality of work. When employees feel that something beneficial can be obtained from the organisation for their efforts, they feel self of belonging and their commitment to the work also increases. Thus quality of work is another important reason along with the training and development, compensation provided, motivation level etc. If it can be solved, then retention of employees is also possible.

Retention of employee come through there working environment and their management. Being a employee I can understand about breathing space in our regular life often we need change and that will play a vital role in employee sustainability which is only provided by employer.

Now a days employer need 1:10 ratio of result. They focus only on achievement part not effort putting by employees.

They should keep focusing in both part target and their achievement with employee sustainability.

I do agree with above mention points that retention of employee is the utmost important thing for companies and for this companies need to increase their employee satisfaction rate score by conducting one o one of each member of team with manager, need to listen and understand the voice of common employee, appraise them for their good work by small token of rewards, monthly or quarterly team outing plans to increase team bonding and trust between management and employee's.

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.

I do agree with retention of employee is necessary because if he/she has already given his precious time to company, then company has to think about them.

Organization has to think are they satisfy with their work?

Are they working in their comfortable zone?

Are they happy with compensation?

Do they have growth after spending 3 years with the organization.

If employee is not under this Umbrella the organization has to commit them for all above things. If organization is ready to fulfill their commitment then their is no problem for Retention.

Thank You.

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.

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.

Hi friends.

I think retention should be on the basis of a person performance means if a person is doing good for company that he/she should be retain but if he is not working according to his ability he/she should not be in company. Their should not be any kind of policy in a company.

Selection should be basis on the ability of a person not on the basis of employees basis phenomena. One who has ability to lead from front should be in company. So I think Retention of employees is not good. Guys what you think.

As we all know customer retention is very important for any organisation but we should not forget the employee retention. Employees are the one responsible for the position any company has acquired by time. Their hard-work and loyalty have benefited them as well as the organisation. So, company should give more attention towards the employee satisfaction.

Moreover, if company lose their current employee, then they have trained the new employee. Thus, affecting the company financially.

Thank you.

There are so many types of retention policies are available for different department. Here I am talking about employee retention. Employee retention is not talked about retaining all employees. It's only about key employees who are beneficial for our organisation. For them, we may apply so many retention policies to influence them to stay in our organisation.