What is meant by Employee Retention?

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Muralidharan K Iyer

  • Mar 9th, 2007
 

Keeping your key, quality employees happily by all means so that the company would not lose them to the peer, competitive companies.

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Samsudeen.G

  • Jul 22nd, 2011
 

Employee retention refers to policies and practices companies use to prevent valuable employees from leaving their jobs. How to retain valuable employees is one of the biggest problems that plague companies in the competitive marketplace. Not too long ago, companies accepted the "revolving door policy" as part of doing business and were quick to fill a vacant job with another eager candidate.

Nowadays, businesses often find that they spend considerable time, effort, and money to train an employee only to have them develop into a valuable commodity and leave the company for greener pastures. In order to create a successful company, employers should consider as many options as possible when it comes to retaining employees, while at the same time securing their trust and loyalty so they have less of a desire to leave in the future.

Regards,
Samsudeen G
Sutherland global services

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jyoti

  • Aug 8th, 2011
 

long period who work in the organisation is means of employee retention

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