Employee retention
is an activity to remain the faithful employee in the organization while
keeping away from to move another organization (Ivanovic, 2006). To
create career opportunities and to create a path to develop the employees'
career will straightly impact to reduce the staff turnover and to retain an employee with the organization (Francis, 2014). Unwanted staff
turnover may grow the staff recruitment cost of the organization hence it is
necessary to guarantee the organization’s employee retention (Taylor, 2002). Organization have
to incur major losses if they lose a fully equipped employee (Rancis, 2014).
Video
1 – Further Illustration of Employee retention
(Source
– Gregg,2018)
Employee
retention is a key element that all the organization have to admit in. Employee
retention can be enhanced through developing an attractive and benefits program
such as medical insurance and retirement savings plan. Providing training and
mentoring help them to set goals in the organization and overall career. Where
recognizing and acknowledging employee’s achievement will go over and above
regular job performance. examples - Selecting an employee of the month,
Communicate the achievement with the rest of the employees of the team.
The organization I work for use some key factors to retain employees in
the organization. The main factor is organization creating a culture to retain
the employees is to capture the changing need of the employees as close to
real-time as possible and take action to address those needs. Always continues
feedback data-driving strategy hence Organization identifying the reason of why
employee join, stay
and leave the organization. By using the mentioned data organization act to
predict and to prevent the turnover. By implementing lessons learned from the
organization behaviour also become a reason to retain the employee.
Recruit The Best
Recruitment is the censorious
and major activity where an organization direct towards successfulness. The suitable recruitment process will enhance organization productivity and efficiency
(Barber, 1998).
ü Steps
followed to recruitment (Armstrong,2009).
ü Identification
of the requirement
ü Attract
suitable applicant
ü Shortlisting
the applications
ü Initial
test and followed by an interview
ü Evaluate
the suitable applicant
ü Gather
references for chosen applicant
ü Checking
applications
ü Issuing
Employment offer letter
ü Follow-up
The organization I work for
recruit employees in the following way, the first step is to identify the
vacancy whether recruitment for branch or department. After identifying the
requirements organization tend to prepare job description and job
specification. Next step is to advertise the vacancy such as websites, social
media or Organization Official website. after receiving an application for the
vacancy organization is shortlisting the suitable candidate for the job and
arranging an interview with the shortlisted candidates.
The findings in the blogs show
employee engagement activities in an organized organization often will help
employees to work more effectively and productively. Still, it is hard to work
toward excellence. Therefore the organizations are all the time working towards
making the work environment the “Employee Choice”.
there is a wider array of
measurement techniques with which to assess trends in engagement and an
associated array of approaches to effect some change. Thus, aspiration can more
feasibly be translated into action.
Key ingredients of effective
employee engagement are having in place an appropriate leadership style and
effective two-way communications with employees. This creates an open and
honest environment where employees feel that their ideas are being listened to
and that they can make a contribution to decision making. Engaged employees are
more likely to be proud to work for their organization and therefore will
believe in and live out the values of the organization.
References
Ø Armstrong, M. (2009). Armstrong's
handbook of human resource management practice. 11th ed. London: Kogan
Page.
Ø Francis, A. (2014). International Journal of Scientific & Engineering Research. Human Resource Management Practices and Employee retention, 5(2)
Ø Ivanovic, A. (2006). Dictionary of human resources and personnel management. Huntingdon: A & C Black.
Ø Rancis, A. (2014). International Journal of Scientific & Engineering Research. Human Resource Management Practices and Employee retention, 5(2).
Ø Taylor, C. (2002). Focus on Talent. Training and Development.
I agree on your points. Further, engagement is the key to achievement and retention. Highly-engaged employees try 57 percent harder, perform 20 percent better, and are 87 percent less willing to leave than low-engagement employees (Council, 2004).
ReplyDeleteHi Anjula, Thank you for comment while agreeing the same Armstrong (2009) mentioned essentials of line managers to increasing employee engagement levels. Properly trained line manager to equip them with the skills and knowledge required to act their role in the organization productively. Line Manger play a major role to engage employee towards achieving common goal of the organization.
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