Attrition and sustainability senthil

Post on 12-Nov-2014

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Transcript of Attrition and sustainability senthil

Presented By N.Senthil kumar 2nd MBA

KV Institute of Management And Information studies

Employees do not leave an organization without any significant reason. There are certain circumstances that lead to their leaving the organization. The most common reasons can be

Job is not what the employee expected to be

Job and person mismatch No growth opportunities Lack of appreciation

Lack of trust and support in co workers Stress from overwork and work life

imbalance Compensation New job offer

Brand Name Wage Policy Career Advancement Schemes Social Security Measures

Judicious Disciplinary Rules Conduct Rules Terminal benefits

The Cost of Turnover Loss of Company Knowledge Interruption of Customer Service Goodwill of the company Regaining efficiency

Retention bonuses Basic research on sources of satisfaction,

commitment and engagement among senior managers

Managing the effects of top management team diversity

Onboarding, and other mentoring and socialization programs for senior managers