Presentation on

Attrition &
Retention
From:-

Sorabh Sharma
Ashwini Singh
Mohd. Shadab Ali

What is Attrition?
A Process Where by employees leave
their
Jobs for reason such as Retirements ,
Tranfers , Resignations etc.

Why People Leave?

O Lack of Good Working Condition
O No Flexible Work Schedule
O Lack of Respect & Pride
O Very Few Supportive Colleagues
O Lack of Appreciation
O Work Life Imbalance
O Lack of Challenges in Jobs

Cost Involved in
Attrition
O Cost Due to Person Leaving
O Recruitment Costs
O Training Costs
O New Hire costs
O Lost Sales Cost

How To Control
Attrition
O Top Management should continously

communicate with all employees

about the vission and mission of the
company.
O Line Manager should establish a
connection between the Lower level
& Top Management.
O Support HR initiatives aimed at
Retaining People

Cont..
O Manage company growth Properly.
O Develop Leaders at all levels.
O Train leaders in the skills they need

to manage Effectively.
O Treat employees like Customers.

Employee Retention
Process in which the employees are
encouraged to remain with the
organisation for the Maximum Period
of Time
Companies that lose top
performers may not only experience
declines in productivity but also incur
signigficant costs in replacing these
professionals.

Effective Employee
Retention Strategies
Communicate Effectively with
employees i.e. encourage your
employee to share their concerns with
you and in turn share your concern
with them.
Make wiser choice when hiring
employees i.e. consider the corporate
culture that this make prospective
employee must fit into and determine
if there is a match

Retention Strategies
O Be an effective,Ethical Leader
O Be an effective motivator and

inovator
O Provide alternate work schedule
O Treat employee Respectfully
O Search for ways To redeploy
Employees

Importance of Employee
Retention
O The cost of Turnover
O The lose of company knowledge
O Interruption in the customer service
O Goodwill of the company
O Regaining the efficieny

Because of the Employee

Retention these things in the
organisation will not be affected

Conclusion..
Do everything you can to make sure
that you keep your employees Happy ,
Engaged & Productive because they
are the main asset of each and every
organisation

A
H
T
U

O
Y
K
N