How to Retain Good Employees

Employees are assert for an Organization. Retain them is the part of a Human Resources Function. Human Resources Manager should have to identify and analysis the grievance of employees and provide remedy actions to solve and retain the employee. According the Robert Imbrie (2022) Ulrich the guru of Human Resources Management following are the reasons for high employee turnover.

·         Poor employee benefits or pay

Glassdoor Study (2017) most reason for employee turnover is benefits and pay of the employee. Employees are comparing their benefits with the employees who are working in the other companies. More or less the mindset of the employees are turn towards the places which are paying them more.

Also, when employee completed more working years in the same company, employer is used to reduce their benefits. This occurs the employee is in the comfort zone. But experienced employee can perform more than the newly recruited employee. When the organizations are providing more benefits to the new employee, automatically experienced employee disappointing and searching for alternatives. End result of the process is unhappy employee will leave from the organization. Organization have to implement performance based payment structure for the organization.

·         Uninspiring company culture

Organizations always have to inspire their employee. Motivate them by appreciation or monitory reward is a must for retain the employee. Some organizations are hardly inspire their employees. They thought that if organization inspire employee, he or she will expect more form the company. Organization have to inspire their employees by provide them more opportunities to perform.

·         No development opportunities

Employees are expecting carrier guidance and growth from an organization. Sadly, most of the organizations are reluctant to provide development opportunities because they are thinking employees will demand more after they were knowledgeable. Organizations have the provide development opportunities by provide equal opportunities for all employees.

 

·         Lack of employee recognition

Organizations are reluctant to recognize their employees. They wanted to implement the power culture in the organization. Employer knows that employee is done something to recognize. But reluctant to recognize their work due to ego issue or company cultural issue. Organization have to recognize their employees according to their performance.

·         No consideration for the employee lifecycle

Employee wants to climb the hierarchy of the organization. But organization is reluctant to provide opportunities for their future growth. Sometime in the organization have the narrow structure. It is also demotivate the employees and make them to leave from the organization. Organization have to maintain the wider employee lifecycle to motivate the employees.

Above are the factors for the employees to leave from their organizations. By avoiding those organizations can retain their employees. Hope all have agreed with my statement.

 

References

 

Robert Imbrie (2022)

https://www.linkedin.com/in/robert-imbrie-a71757139 (Accessed on 09th November 2022)

Glassdoor Study (2017)

https://web.archive.org/web/20220803151845id_/https://aisel.aisnet.org/cgi/viewcontent.cgi?article=1291&context=icis2017 (Accessed on 09th November 2022)