[ppt]attrition management : retaining vs. fresh hiring · web viewtitle attrition management :...
TRANSCRIPT
Old Grandma Story…
• Employee are meant to retire .. ( Conditions apply #@$%)
• People want to make career’s .. – They love challenges catalyzing their growth even on cost of changing career’s.
• People who feel secure in their jobs become complacent. – They look for Employability rather than employment.
• Companies that have no hesitation laying off surplus employees do better than companies that go to great lengths to keep their workers employed.
aTTRITION mANAGEMENT means..
• Managing your business's workforce is an ongoing task that requires constant evaluation to identify productive employees and separate them from those who are more suitable for replacement.
• But the decision between retaining or replacing an unproductive employee isn't an easy one.
The reasons people leave organizations are not the same as the reasons people stay.
RETAINING THE
• Employees who act as Entrepreneurs living to contribute beyond the boundaries..
• Are the apple of the eye – Target audience of a good retention Strategy ..
• They are greedy for challenges & hungry for growth & drive the organization to pinnacle.
Wash the……
• Clearly identifying the weeds in the system & uprooting is a constant and indispensible need of the hour.
• Retention bar goes higher – Not only High loyalty, Productivity but engagement level is desired by employees..
• Working hard is not the mantra – but working smart with sure short results..
Retaining the Rainmakers …
• Hire the right fit.. ( Lock & Key arrangement )
– Right skill for the role , right attitude for the culture of the team .. at large the organization.
• Silk smooth transition … ( First impression is the lasting experience )
– Transition to the organization should be a exciting and soothing experience.
• Keeping the challenges alive…. ( Balancing the weights )
– Keep the environment competitive and conducive.
Motivation +
Manage Attrition of good performers by
Role and Outlook improvement + Some
Fresh Hiring
Fresh Hiring as per the requirement + Attrition Management as per the industry practice + Talent Development
Fresh Hiring more than Required + All possible ways to manage attrition + Talent Development
Accelerate Forced Attrition
Fresh Hiring + Talent Development
Fresh Hiring + Keep even the average performer charged up + Talent Development
Growth Rate
Decline MaintainedFast Growth
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