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Measuring Value of Employee Relation Retention

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Page 1: Measuring Value of Employee Relation Retention
Page 2: Measuring Value of Employee Relation Retention

“Employee relation is a vertical of HR department which

takes care of:

Employee grievances, Employee recognition, Boosting the morale of employees to make the working

environment more healthy, live and at the same time fulfills the management’s expectations

Maintain the work culture and ethics”.

Page 3: Measuring Value of Employee Relation Retention

Employees have many issues within the organization that contributes

conflicts thus organization needs to focus on Employee Relations :-

• Hinders work productivity and quality.

• Frequent absenteeism

• Unhealthy relationship with the employer or immediate boss and

colleagues.

• Lack of concentration on work.

• Frequent breaks, or long break hours.

• Coming frequently late to office.

Page 4: Measuring Value of Employee Relation Retention

• Due to high attrition rate.

• Hostile environment on floor

• Not meeting deadlines

• Poor target achievement.

• Disinterest in the job profile

• Need’s promotion.

• Need’s Salary hikes, bonus and other incentives.

• Discrimination and Favoritism among employees.

• Dissatisfaction with the work and organization

Thus due to such issues the work suffers a lot, company has to bear

loss and it

creates unhealthy work environment which is neither beneficial to

management

nor the employees.

Page 5: Measuring Value of Employee Relation Retention
Page 6: Measuring Value of Employee Relation Retention

• Show that you care: Marriage Anniversary / Birthday cards and gifts can be given to the employee. He /She should be given permission either to take leave and spend quality time with his family on that special day.

• Extra effort given to be counted:

• Employee bonding Activities: Should arrange staff picnics.

• Safety & Security: Life insurance, health insurance should be given for their safety.

• Recreational facilities should be given to employees like: free breakfast, education allowance for him/her and children.

• Learning: Seminars should be conducted to increase their knowledge and inner potentials.

• Transport facilities can be given during rains when its really hard for them to cope and reach on time.

“These are the small efforts which matters a lot to enhance commitment level of employees with the organisation”

Page 7: Measuring Value of Employee Relation Retention

One to one session in a month where employees can come out with their personal and professional problems.

Give positive feedback in front of all the staff members for the excellent job done.

Employee’s can be rewarded by giving monetary rewards, gift vouchers.

Regular health check ups should be conducted and concession can be given to certain limit for him/her and family.

Movie tickets can be given where one can enjoy with their family on weekends.

Once in 6 months free holiday tour tickets can be given to hangout.

Employer can keep party and dinner for the staff members once in a month so that it makes the bond more strong.

Page 8: Measuring Value of Employee Relation Retention

Conducting annual events where employee’s can participate and show their talents.

Welfare activities can be conducted on weekends.

Discounts coupons can be given on shopping during Diwali or other festival time.

Free t-shirt with company’s logo or jackets can be given to employees in a year.

Internal job promotion should be encouraged so that employee get opportunity to grow within the organization.

Soft skill training should be conducted on regular basis to make employee’s more confident, skilled and proficient in their work.

Page 9: Measuring Value of Employee Relation Retention

• It maintains harmony at the work place.

• It maintains healthy relationship among all the staff, boss and colleagues.

• It reduces absenteeism.

• Tool to reduces attrition rates.

• It can retain more talented employees.

• It reduces cost on training due to low attrition rate.

• It improves moral level of employee’s and makes them more responsible.

• It increases quality and productivity of work.

• It encourages more creativity, new innovative techniques and ideas from

employees.

Page 10: Measuring Value of Employee Relation Retention

“People matter result counts….”Employee relation is the way to build

loyality and enhance commitment.

Page 11: Measuring Value of Employee Relation Retention

.

Page 12: Measuring Value of Employee Relation Retention

Employee Retention involves taking measures to encourage employees to remain in the organization for the maximum period of time.

The top organizations are on the top because they value their employees and they know how to keep them glued to the organization.

Page 13: Measuring Value of Employee Relation Retention

The process of employee retention act as key which benefit an organization in many ways:

The Cost of Turnover: The cost of employee turnover

Loss of Company Knowledge Interruption of Customer Service Turnover leads to more turnovers Goodwill of the company Regaining efficiency

Page 14: Measuring Value of Employee Relation Retention

Who is going to do the work?

What knowledge are we about to lose?

What skills will we lose?

What traditions will change? Is this good?

Page 15: Measuring Value of Employee Relation Retention

The market place for good talent will be competitive

The good people will be able to pick and choose their working environment

How do we create an organization in where people want to stick around?

Page 16: Measuring Value of Employee Relation Retention

1. Future Opportunities

2. Development Opportunities

3. Respect

1. Manager Quality 2. Collegial3. Work Environment4. Empowerment5. Senior Leadership

Reputation6. Co-Worker Quality

Across

1.Organization Growth Rate2.Compensation3.Organizational Stability4.Work-Life Balance5.5. Recognition1

TOP ATTRACTION

COMMITMENT DRIVERS

Page 17: Measuring Value of Employee Relation Retention

HR is responsible for people management

We provide good pay and benefits

Recruiting is like purchasing

Development happens in training programs

We treat everyone the same

Page 18: Measuring Value of Employee Relation Retention

Exciting work & challenge

Career Growth, Learning & Development. Working with great people & relationship

Fair pay

Supportive management/great boss

Being recognized, valued & respected

Additional Benefits

Meaningful work, making a difference & contribution

Page 19: Measuring Value of Employee Relation Retention

Pride in organization, its mission & product

Great work environment / culture

Flexibility

Autonomy, creativity and a sense of control

Empowerment

Job security & stability

Location

Diverse, changing work assignments

Page 20: Measuring Value of Employee Relation Retention

Research shows positive correlation of engagement scores with: Employee attraction and retention

It’s not just about having the bodies. It’s about the right bodies doing the right things.

Creating an organization of which people want to be a part.

Page 21: Measuring Value of Employee Relation Retention

Thank You!!