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PRESENTATION PRESENTATION ON EMPLOYEE ON EMPLOYEE BY : CHANDAN JHA ON EMPLOYEE ON EMPLOYEE TURN OVER TURN OVER

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  • PRESENTATION PRESENTATION

    ON EMPLOYEE ON EMPLOYEE

    BY : CHANDAN JHA

    ON EMPLOYEE ON EMPLOYEE

    TURN OVER TURN OVER

  • DEFINITIONDEFINITION

    BY : CHANDAN JHA

    Measuring employee turnover can be helpful Measuring employee turnover can be helpful

    to employers that want to examine reasons to employers that want to examine reasons

    for turnover or estimate the cost to hire for for turnover or estimate the cost to hire for

    budget purposes. budget purposes.

  • Definition

    To know the cost of employee turn

    over.

    BY : CHANDAN JHA

    over.

    To know the reasons of employee

    leaving.To know that, how can I tell if my best

    employees are getting ready to leave?

  • In this section ,we will

    understand the impect of

    BY : CHANDAN JHA

    cost to the employer when

    employee leaves.

  • more salarymore salary

    But, Salary may be on of the reason But, Salary may be on of the reason

    but not the most important reason for but not the most important reason for

    employee to quit a job. employee to quit a job.

    BY : CHANDAN JHA

    employee to quit a job. employee to quit a job.

    As a manager of course you probably As a manager of course you probably

    are wondering why even well paid are wondering why even well paid

    employees leave the company. employees leave the company.

  • The loss of experienced employees can also The loss of experienced employees can also

    lead to the lead to the brain drain brain drain which can make your which can make your

    company less competitive.company less competitive.

    BY : CHANDAN JHA

  • It should be noted that the cost

    of time and lost productivity

    are no less important or real than the

    BY : CHANDAN JHA

    are no less important or real than the

    costs associated with paying cash to

    vendors for services such as providing

    employees. These are all very real costs

    to the employer.

  • Calculate the cost of lost productivity .Calculate the cost of lost productivity .

    Calculate the cost of conducting an Calculate the cost of conducting an

    interview to include the time of the person interview to include the time of the person

    HERE ARE LIST,COST DUE TO

    EMPLOYEE LEAVING.EMPLOYEE LEAVING.

    interview to include the time of the person interview to include the time of the person

    conducting the interview.conducting the interview.

    Calculate the cost of training your company has Calculate the cost of training your company has

    invested in this employee who is leaving.invested in this employee who is leaving.

    BY : CHANDAN JHA

  • Calculate the cost of the person(s) who fills in Calculate the cost of the person(s) who fills in

    while the position is vacant.while the position is vacant.

    Calculate the cost of lost productivity .Calculate the cost of lost productivity .

    Calculate the cost of conducting an Calculate the cost of conducting an

    HERE ARE LIST,COST DUE TO

    EMPLOYEE LEAVING.EMPLOYEE LEAVING.

    Calculate the cost of conducting an Calculate the cost of conducting an

    interview to include the time of the person interview to include the time of the person

    conducting the interview.conducting the interview.

    Calculate the cost of training your company has Calculate the cost of training your company has

    invested in this employee who is leaving.invested in this employee who is leaving.

    BY : CHANDAN JHA

  • CONTINUECONTINUE

    Calculate the impact on departmental Calculate the impact on departmental

    productivity because the person is leaving.productivity because the person is leaving.

    Calculate the cost of lost knowledge, skills and Calculate the cost of lost knowledge, skills and

    contacts that the person who is leaving. contacts that the person who is leaving.

    Calculate the cost of loosing customers .Calculate the cost of loosing customers .

    Calculate the Lost Productivity Costs.Calculate the Lost Productivity Costs.

    Calculate the Lost Sales Costs.Calculate the Lost Sales Costs.

    BY : CHANDAN JHA

  • In this section we In this section we will try to will try to

    understand the various understand the various

    practical causes of employee practical causes of employee

    turnover , turnover , and we can and we can

    BY : CHANDAN JHA

    turnover , turnover , and we can and we can

    manage them.manage them.

  • It seems like as soon as you train a new hire, It seems like as soon as you train a new hire,

    hes out the door in favour of hes out the door in favour of greener greener

    pasturespastures. .

    That means not all but 25% of your That means not all but 25% of your

    BY : CHANDAN JHA

    What can you do to minimise the risk?What can you do to minimise the risk? Read on.Read on.

    That means not all but 25% of your That means not all but 25% of your

    staff is considering leaving youstaff is considering leaving you

  • ANDAND

    Actually The employees does not

    leave the organization, but they

    leave the manager.

    BY : CHANDAN JHA

    ANDAND

    Here are some facts which helps you Here are some facts which helps you

    to retain him in your organization.to retain him in your organization.

  • Make a good relation with your subordinates.Make a good relation with your subordinates.

    Actually employees dont need to be friends with Actually employees dont need to be friends with

    their boss ,but they need to have a pleasant their boss ,but they need to have a pleasant

    YOU

    relationship with boss. The boss is very much of relationship with boss. The boss is very much of

    an integral part of their daily lives at work for an an integral part of their daily lives at work for an

    uncomfortable relationship. uncomfortable relationship.

    Treat Each Person with Dignity and Respect.Treat Each Person with Dignity and Respect.

    BY : CHANDAN JHA

  • Care that they showed up for work. Care that they showed up for work.

    Care that they are putting in an effort. Care that they are putting in an effort.

    Care that they are part of your teamCare that they are part of your team. .

    All employees need your attention. All employees need your attention.

    Thats how you care for them. Thats how you care for them.

    Care that they are part of your teamCare that they are part of your team. .

    BY : CHANDAN JHA

  • Dont let poor relationships amongst coDont let poor relationships amongst co--

    workers , be a reason why employees quit. workers , be a reason why employees quit.

    Employees work environment plays a vast Employees work environment plays a vast

    role to retain the employees. role to retain the employees.

    BY : CHANDAN JHA

    role to retain the employees. role to retain the employees.

    An employee is happy on their job is having a An employee is happy on their job is having a

    best friend at work. Good relationships with best friend at work. Good relationships with

    coworkers, retain employees longer in the coworkers, retain employees longer in the

    organization. organization.

  • CONFLICT

    Behavioural or personality conflicts

    with between co-workers or

    supervisors are also common

    factors in leaving a job.

    BY : CHANDAN JHA

    Conflict with projects can be

    healthy, Conflict between people styles

    can be deadly. Too often, people try to get their

    point across without understanding the other

    persons point of view. Thus, conflict arises on a

    regular basis. This can be minimised with training

    on how to adapt to different behaviour styles.

  • A performing employeeA performing employee may be a strong may be a strong

    candidate for promotion. If because of some candidate for promotion. If because of some

    reason he is passed over for it, he is set up reason he is passed over for it, he is set up

    for resignation. And his boss can manage for resignation. And his boss can manage

    PASSED OVER FOR PROMOTIONPASSED OVER FOR PROMOTION

    for resignation. And his boss can manage for resignation. And his boss can manage

    the situation by offering higher position to the situation by offering higher position to

    meet his moral. meet his moral.

    Make sure that youre talking with them and that Make sure that youre talking with them and that

    you know their hopes and dreams.you know their hopes and dreams.

    BY : CHANDAN JHA

  • STRESSED FROM OVERWORKSTRESSED FROM OVERWORK

    Experience saysExperience says-- employees employees

    face challenges in the face challenges in the

    organization and outside organization and outside organization and outside organization and outside

    work. Meet with them to find out about the work. Meet with them to find out about the

    personal issues. Provide more flexible personal issues. Provide more flexible

    schedule to those who need it and more schedule to those who need it and more

    staffing support, if possible, to those who staffing support, if possible, to those who

    are overworked.are overworked.BY : CHANDAN JHA

  • UNFRIENDLY WORKPLACEUNFRIENDLY WORKPLACE

    The boss has to watch the employee not to The boss has to watch the employee not to

    become part of office politics. If not become part of office politics. If not

    stopped , this unfettered politics may harm stopped , this unfettered politics may harm

    the morale of the performing employee.the morale of the performing employee.

    BY : CHANDAN JHA

  • Expert saysExpert says--actually some times it has been actually some times it has been

    seen in the organization that the hard seen in the organization that the hard

    working and smarter employee does not get working and smarter employee does not get

    good position, increment, perks etc. Rather good position, increment, perks etc. Rather

    BY : CHANDAN JHA

    good position, increment, perks etc. Rather good position, increment, perks etc. Rather

    than the other gets good response due to than the other gets good response due to

    some reasons. Resulting it creates a gap some reasons. Resulting it creates a gap

    among them and they decide to change the among them and they decide to change the

    organization and saysorganization and says--if one cant change if one cant change

    the situation better change one self.the situation better change one self.

  • You can't control much

    enough. When

    employees

    leave to be closer

    BY : CHANDAN JHA

    leave to be closer

    to their family

    or to follow a

    spouse relocating

    for a job.

  • TOP TOP CLUES TO KNOW YOUR CLUES TO KNOW YOUR

    BEST EMPLOYEES ARE LEAVING.BEST EMPLOYEES ARE LEAVING.

    They They start dressing betterstart dressing better

    They take lunches at different timesThey take lunches at different times

    Their production drops offTheir production drops off

    BY : CHANDAN JHA

    Their production drops offTheir production drops off

    They seem "quiet" or "downThey seem "quiet" or "down

    They request vacation one day at a They request vacation one day at a

    timetime

  • CONTINUECONTINUE..............

    They They are "sick" more oftenare "sick" more often

    They stop championing their positionsThey stop championing their positions

    They stop volunteeringThey stop volunteering

    BY : CHANDAN JHA

    They get more incoming phone calls than They get more incoming phone calls than

    usualusual

    They ask you for a referenceThey ask you for a reference

  • PRESENTED BY: PRESENTED BY:

    CHANDAN JHA ,CHANDAN JHA ,[email protected]@yahoo.co.in