Retaining talented employees is one of the top priorities of employers today. Reasons for attrition could be the innumerable changes engulfing workplaces, such as reorganization, higher performance standards, and resultant high-pressure levels.

The challenge is not only to attract the best talent but also to retain them. Rising opportunities for career development, lifestyle decisions, job mobility, unbalanced work-life, poor mentoring, and stress are some factors that influence an individual's decision to continue or quit.

Retention can be categorized into 3 levels: Low, medium, and high level.

Low level
- Appreciating and recognizing a job well done
- Recognizing professional as well as personal significant events
- Providing benefits
- Providing perks
- Providing workplace conveniences
- Fun at work
- Occasional stress relievers
- Employee support in tough times or personal crises

Medium Level
- Appreciating and recognizing a job well done
- Benefit programs for family support
- Providing conveniences at the workplace
- Providing training and development and personal growth opportunities

High Level
- Promoting work/life balance
- Understanding employee needs
- Encouraging professional training and development
- Providing an environment of trust
- Hiring the right people from the beginning

By Priti Shah

Laurent & Benon Management Consultants Ltd is a public limited company with its corporate office in Gurgaon and a Pan-India presence. We, as an organization, strive to offer the right Human Resource Solutions at the right time and enable our clients to enhance the net worth of their human resource capital.

For further information, please visit us at: http://www.laurentandbenon.co.in/ Visit our blog at: http://laurentandbenon.blogspot.com/

From India, Pune
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shijit
125

Some details also can be found in following link. Regards, Shijit.
From India, Kochi
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nice info. Demostrating trust in the employees and communicating constantly wid dem in dis difficult times can also be used as a tool for rentention of employees.
From India, Hyderabad
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