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What is employee retention? What are the best ways to retain great employees? Please give suggestions to bolster employee retention strategy.

Employers try to reatin best performing emplyees as their experience and skills will benefit immensly for the smooth functing of the operations.

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Question added by Shahul Hameed Mohammad , Human Resources Generalist (HR Generalist) , S A CO
Date Posted: 2016/04/28
Md Fazlur Rahman
by Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

Employee retention is to keep the good performing employees in the organization for long time so that the employees could contribute constantly to achieve the organizational goal.

 

Employee Retention strategy:

1.       Provide salary and other benefits as per competitors in the industry.

2.       Provide a good working environment with clearly defined role

3.       A clear and consistent HRM manual and HR policy where the employees see that he is fairly treated

4.       A defined career path to move up in the organization.

       5. A constant touch with the employees form the Management through monthly staff meeting

Nuridin Islam Diab
by Nuridin Islam Diab , Training Manager , Bbusinesss LLE

Employee retention is the ability of the organization to keep the talented employees it has from leaving to other organizations. This is done by effectively keeping those employees motivated and satisfied by their current jobs. This motivation is both tangible in terms of the package they get and intangible through enough appreciation 

First & foremost there must be a good working environment. No one is afraid of hard work, but all hard work must be appropriately acknowledged. An employee should feel to be part of a great organisation where all his needs are by & large met. The employee needs to be trusted & given responsibility to enhance his growth in the organisation which includes honours, awards, promotion, pay & allowances consistent with his job profile & similar ones in other companies. In case the employee has problems of any nature, he should be sympathetically dealt with to help resolve his problem. Such gestures go a long way towards employee retention as word gets spread.

Asad khan
by Asad khan , Product specialist , shaigan pharmaceutical

Md. Fazlur Rahman answer is the best.

Sathish Prabhu.V
by Sathish Prabhu.V , Manager - Operations & Process Improvement , Revolution Valves

Most of the people's attrition in a organization is due to the mis-management of middle  managers or the reporting managers. Even though other factors like salary, career growth, area of interest and location may affect attrition but reporting managers are distant first in terms of attrition.

Every organization should address this issue of reporting manager by improving the man management skills and their appraisal methods and recognition methods along with daily monitoring and follow up.

مها شرف
by مها شرف , معلمة لغة عربية , وزارة التربية السورية

I agree with experts answers, thanks for the invitation. .

Bart Gerrits
by Bart Gerrits , Head Of Human Resources , Interserve Learning & Development

Very basic:

1. Know your employees and give respect

2. Analyze your workforce and do not be supriesed  when a high potential after 3 yrs is leaving your team as you have giving him/her the same tasks without encouragement and to use the talents and  skills in a more comprehensive way.

3 train managers to act as a leader and to differentiate between employees 

4 be smart with a broad compensation & benefits strategy which not only provides the best salaries but is attractive for all 

Ali Yakub Seesi Rutherfod
by Ali Yakub Seesi Rutherfod , Deputy DIRECTOR Director of Education , Head of Department of Social Science , St. Jerome Snr High School

I agree with the opinions of the experts

Gurjit Singh
by Gurjit Singh , Global Sales and Business Development Manager- Actively looking for change , Saudi Rubber Products Co.

 

There should not be any mis-managementation in the organization especially  between middle  managers and top management . Even though other factors like salary, career growth, area of interest and location may affect attrition but middle managers are distant first in terms of attrition.

Every organization should address this issue of working manager by improving the man management skills and their appraisal methods and recognition methods along with daily monitoring and follow up.

A defined career path to move up in the organization and constant touch with the employees form the Management through monthly staff meeting

In my opinion, the best thing is to hire people according to their talents.Man has need of continuous development, so I'd go in providing good career path.

Omar Saad Ibrahem Alhamadani
by Omar Saad Ibrahem Alhamadani , Snr. HR & Finance Officer , Sarri Zawetta Company

Thanks

I support answers given by Mr. Fazlur and Colleague Norildin

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