Check out our enticing ideas on how to make your employees stick with your organization and reduce turnover rate.
No matter how big or small your company is, employee retention should be on the enterprise radar. As a manager may be you have tried all the engagement method to keep your staffs on board, but you think they are not enough. Yes, engaging the employees is one of the ways to retain your employees but that alone cannot prevent your best and favorite employee to walk away. Employee retention analytics is a perfect way to recognize the factors that may cause an employee leaving the organization. Identifying areas that are satisfying and dissatisfying will assist you to determine the sectors that need the attention.
When conducting a powerful Employee retention analytics, there are items that you as the HR require your attention. Here we have provided ideas for elements that will provide better analysis for employee care.
Compensation
- The company’s benefits compared to other organization.
- Employee satisfaction with the benefit plan of the firm.
- The salary provided to the staffs is equal to the work done.
- Overtime is appreciated compensated within the organization.
- Staffs receive awards as recognition strategies.
Company policy
- The organization has recognition day to grant the existing employees.
- Employees are satisfied with the onboarding process
- All staff undergoes a mentorship program.
- Flexibility is encouraged to maximum employee productivity.
- Peaceful and a conducive environment are a maintained at the workplace.
Training
- Conferences are part of the employees training.
- Employers encourage webinars and tutorials to the employer.
- Personal development training is made accessible to the staffs by the organization.
- The manager has established workshop to assist the workers with innovation.
- Training provision is according to employee skills and expertise.
Teamwork
- The organization set team work goals to enhance engagements among the co-workers.
- Brainstorming is part of activity that the employee must engage in to boost team morale.
- The organization holds a regular competition for team participation.
- Manager encourages group discussions.
- Teams are highly valued and encouraged.
- The company has different groups diversified into various departments.
Communication
- The company has an open door policy to encourage discussion.
- The employees understand the communication channel of the organization.
- Managers encourage communication within the firm.
- The employers provide feedback to the employees
Management
- The leaders are highly respected.
- The executive staffs communicate well with the staffs.
- Promotion is fairly and according to expertise.
- Employees are involved in decision making.
- Communications are before changes happen in the management of the company.