managing employee attrition

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Page 1: Managing employee attrition
Page 2: Managing employee attrition

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 ? ? ?

Page 3: Managing employee attrition

Poor inductionPoor mentoring by immediate BossNegative feedback from marketPoor work environmentPoor performance (feels insecure)Poor reward strategyBetter job opportunity

Page 4: Managing employee attrition

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

Page 5: Managing employee attrition

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

Page 6: Managing employee attrition

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

Page 7: Managing employee attrition

Train them before sending them to fieldDon’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 employeeLook 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

Page 8: Managing employee attrition

•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

Page 9: Managing employee attrition

•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

Page 10: Managing employee attrition
Page 11: Managing employee attrition

Lack of appreciation.

Stress from Overwork

and Work-Life Imbalance.

Lack of training but high expectation The mismatch between

Job and Person(wrong selection).

Page 12: Managing employee attrition
Page 13: Managing employee attrition

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).

Page 14: Managing employee attrition

Counsel them regularly

Employee Engagement Practices.

Transparent work policies.

Adapt Open-door policy.

Minimize and resolve grievance.

Page 15: Managing employee attrition

Encourage humour & laughter in workplace to make work

enjoyment .

Offer impartial careergrowth prospects to performers.

Induction program and Exit interview are very important.

Improve selection ,select right employee.

Page 16: Managing employee attrition
Page 17: Managing employee attrition

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

Page 18: Managing employee attrition

Amar Bir Singh