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What is the Employee retention management?

Retention of employee indicates that how an organization retain its employees. A fundamental strategy is used to grab the perfect retention. The strategy explains that an organization kept its 80 percent employees in a given time. However, sometimes a lot of issues can create an undesirable symptom known as Employee turnover. A lot of factors can be seen as the reasons of turnover. These are –

  • Low employee confidence.
  • Lack of a clear career path.
  • Lack of acknowledgment.
  • Poor employee-manager relations.

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What are the various Retention Programs to enhance the retention?

  • Career Development.
  • Executive Coaching.
  • Motivating across Generations.
  • Orientation and Onboarding.
  • Women’s relationship programs.

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What are the various retention tools and resources?

The various retention tools and resources are as follow –

  • Employee Surveys.
  • Exit Interviews.
  • Employee Retention Consultants.

What are the best practices of employee retention?

  • Recruitment.
  • Socialization.
  • Training and development.
  • Compensation and rewards.
  • Effective Leaders.
  • Employee Engagement.

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