Managing employee attrition

absdgm 1,354 views 18 slides Aug 06, 2016
Slide 1
Slide 1 of 18
Slide 1
1
Slide 2
2
Slide 3
3
Slide 4
4
Slide 5
5
Slide 6
6
Slide 7
7
Slide 8
8
Slide 9
9
Slide 10
10
Slide 11
11
Slide 12
12
Slide 13
13
Slide 14
14
Slide 15
15
Slide 16
16
Slide 17
17
Slide 18
18

About This Presentation

Managing employee attrition is one of the most challenging task for managers and one of the key responsibilities of managers


Slide Content

Every Employee is best motivated when he enters
the organization
No one enters an organization thinking that he
will leave
Then what happens that employee leaves
quickly ? ? ?

Poor induction
Poor mentoring by immediate Boss
Negative feedback from market
Poor work environment
Poor performance (feels insecure)
Poor reward strategy
Better job opportunity

Poor induction is one of the most common
reason why a new employee leaves the
organization because employee will visualize
his future based on induction
Poor leadership of immediate boss is the
second most common reason why new
employee leaves the organization
Salary is not the reason for leaving
immediately as often considered as reason

If an employee is inducted poorly, he gets a bad
reputation of the organization and gets de motivated
All employees should be inducted systematically,
they should be briefed about the organization, we
need to sell organization to new employee
An employee should be briefed about good future of
the organization, so that he feels good being a part of
good organization.
They should be clearly informed how they can see a
good career in NO MARKS based on performance
H. R. must follow policies as informed during
selection

Provide good induction
Create a good work environment

Motivate them to work
Train them well, help them to perform
Implement quick reward (incentive) strategies
Counsel them on regular basis, provide them
feedback on their performance

Train them before sending them to field
Don’t send them alone for working in the field
,first three days immediate superior should work
with him in the field and provide on the job
coaching ,make him competent to face market
resistance.
Maintain good communication with new employee
Look into his problems, which every new employee
is likely to face initially and provide solutions
Immediate boss should establish his leadership
with the employee as fast as possible

•The role of immediate boss is most
important in retaining new employee
•Care and concern or carelessness shown by the
immediate boss creates either positive or
negative impression, creates a good or bad first
impression
•Immediate boss if plays a role of good mentor
he will ensure every care of subordinate and
develop him to succeed
•People don’t leave company they leave
managers

•The employee who becomes successful, they feel
confident and less likely to leave
•The employee who are not able to perform feel
insecure and likely to leave
•Every boss should help, train mentor his
subordinate and ensure that he performs
•If an employee joins a disturbed HQ he should be
given reasonable time to perform

 Lack of appreciation.
 Stress from Overwork
and Work-Life Imbalance.
 Lack of training but high expectation
 The mismatch between
JobandPerson(wrong selection).

 Offer attractive and competitive monetary packages
by ensuring incentive earning.
 Mentoring.
 Identify and appreciate performance.
 Encourage participation of employees regarding the
future endeavours of the organization(team
spirit).

 Counsel them regularly
 Employee Engagement Practices.
 Transparent
work policies.
 Adapt Open-door policy.
 Minimize and resolve grievance.

 Encourage humour & laughter
in workplace to make work
enjoyment .
 Offer impartial career
growth prospects to performers.
 Induction program and Exit
interview are very important.
 Improve selection ,select right
employee.

 Removes Bottle-neck.
 Creates space for the entry of new talents.
 Infuses new blood into the organization.
 New thoughts, ideas, and hence, more innovation
and creativity.
 Knowledge of best practices from across the
industry is brought in

Amar Bir Singh