Retaining Employees..

I had been to an organization in Chennai recently for an interview and they asked me if I would be comfortable giving my original certificates to them. This didn't matter to me much because I was badly in need of a job and this was a job that would have been a great learning experience. Recently I was discussing this incident with my brother and he mentioned that it is not a good practice. This got me thinking, what are the ways in which employees should be retained than by force or against their will, and the result is what follows:

Employee retention is the primary metrics that tells the health of the organization.

Some ways and methods that help retain employees are:

1. Value and heed to the results from exit interviews: Almost all companies have exit interviews when an employee decides to leave them. The data they get form these people is the best source to understand their drawbacks as employers.
2. The quality of the supervision helps retain employees: It is said that employees leave their managers or superiors rather than the company. This is very true, I had some similar reasons myself.
3. Knowledge and skill utilization: Many employees like to offer their best at work and when they feel they are under utilizing their skills they tend to become dissatisfied and give up their employer.
4. Fair and equal treatment: Employees should feel they are being treated the same as everyone else. At times trying to keep one employee can demotivate a number of others.
5. Growth opportunities should be provided to employees to retain them, they should feel that they are growing in terms of their profession and not stagnating.
6. Give respect and take respect: Employees should be treated with respect and should be rewarded and recognized at the right time.
7. Encouraging employees to have good friends at work will help retain them as this would make work enjoyable and less tiring.
8. Improve the relationship of the managers and subordinates.
9. Always make the employee clear of what is expected out of him/her. Lack of clarity creates lack of security and then attrition.
10. Employees should be given the right to express their views and ideas to improve the productivity.

These are some of the ways I found that would help retain employees. Does any of you have more interesting and innovative methods that can be or is used to retain the work force.

Looking forward to your valuable comments and ideas.

References:

http://bit.ly/u5Jcky

http://bit.ly/sHqyIx

http://bit.ly/sRocKm

http://bit.ly/vZCGxG