8 Ways to Retain your Employees

Retain your best talent before it's too late.

It is said that nearly 75 to 90 percent new joiners leave within the first 6 months of joining a company. At this rate, it gets difficult for human resource managers to handle employee attrition. Losing employees is always a great loss to any company, not only monetarily but also company credibility wise. A famous proverb says prevention is better than cure likewise, taking appropriate measures to reduce attrition is better than trying to retain employees after they resign.

 

 

Employee retention is the ability of an organization to absorb back its employees. Corporates grapple to keep their best employees back regularly. Employees decide to lose ties with their companies for many reasons, at times these are innocuous reasons which can be taken care of by taking corrective measures.

 

 

Few ways to effectively retain your employees are:

 

  1. Hire Right People: Planning for retention starts right from hiring itself. It is important to hire the right people to do the right job. Alignment of candidates personal goal to job roles is essential. If you hire people without understanding their expectations from the offered job than they are bound to leave after a point of time.

 

  1. Effective Onboarding: Study suggests that 1/4 of employees who leave an organization would stay back if onboarding was managed properly. On-boarding is the process of familiarizing new employees to the company. Organizations should start taking the onboarding process seriously as that is when new employees truly start to understand their new workplace and work culture. The on-boarding process should be propitious to make new joiners feel welcomed.

 

  1. On-Job Training: Providing on-job training is a vital part of the employment. Employees need to keep learning even after getting on the floor. On-job training keeps employees motivated and informed about new trends in their sector. Firms should arrange training sessions and seminars, at the least organization can assign mentors to employees for them to learn alongside working, this will boost employee interaction hence positively impacting the work environment.

 

  1. Empathetic Managers: It is often said that employees leave their managers and not jobs. Managers are the first source of contact from the organization to employees. Managers need to be considerate as managers represent the organization to employees. Only when managers are approachable will employees feel free to share their grievances and opinions with them. Empathy is one quality that every manager should carry, being empathetic and cooperative towards their employees other than work will help employees build a stronger bond with the organization thus, promoting job security.

 

  1. Pay Scale: No matter what people say, money is the primary motivator for all employees. Majority of time old employees look for a switch in the job because the pay scale offered in their organization is lower than their expectation. An organization should consider market value while offering increments, every employee must and should be paid for their work value. If employees efforts are not valued than the employee is certain to leave.

 

  1. Work-Life Balance: Employees are humans too, they need their personal space as well. Often time employee gives more than 100% of their efforts by sacrificing their time for work even after working hours. Managing work from work on a sick day, handling minor conference calls on weekends, attending important meetings past office hours, etc are all signs of negative work-life balance. Employees should be treated as humans by giving them enough personal time to de-stress from work. Employees are sure to leave an organization when it doesn’t respect their personal space and time.

 

  1. Transparency Within Organization: Communication system should be linear. All important changes and announcements should be conveyed to employees without hesitation. Transparent work culture promotes employee belongingness. An employee is more loyal and dedicated towards their organization when they are kept in the loop about the latest updates regarding their work and work-place.

 

  1. Positive work culture: Employees spend a majority of their time at work hence, it is very important to have a positive work culture to keep employees motivated and willing to work. Negativity and unhealthy work culture will only drift employees away from their organization. Various steps can be taken to make the office a better place. Small things like being kind to each other, eating meals together, organizing employee engagement activities, etc can also boost employee enthusiasm at the workplace. A happy work culture leads to happy employees. When work culture is good employees reconsider situations before planning a switch.

 

To conclude, we need to make work a better place for an employee to stay back. The job market is a two-way street - it is not only the employee who needs the job but also the employer needs their employee to work for them. Retention of well-fit employees is every important as it is not easy to find correct talent in this competitive job market and hence, retaining employees is a crucial act.

 


Most referred HR Software

4.6 (56)

Most referred HR Software

4.6 (56)

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Nilesh Mistry

Company Size: 51-200 employees

Good HRMantra Payroll Software

Overall good online payroll system. Adequate customer support. Timely resolution of queries by support staff. Leave module is good. Overall good payroll system

Pankaj Pandare

Company Size: 201-500 employees

Best HR Software in the Market!!!

Great software for automation. Companies should opt for HRMantra if they are looking to automate their HR processes as with various reports in any given module no one can go wrong. There are hundreds of report which we can choose from or else we can create our own reports as well. Service provided by operations team is also very time efficient.

Bhakti Sanghvi

Company Size: 51-200 employees

User Friendly & Reliable

Overall a good software for Attendance Tracking. Have not used HR Mantra for Payroll Processing. will recommend to be used for Attendance process. good all time customer support. All queries are resolved on time.

Sunetra Maity

Company Size: 51-200 employees

Best payroll sofware

HR Mantra is the best software, as far as payroll is concerned it is very easy to process, overall it is best software to use and to recommend anybody. They have very good customer supportive team who timely replies to the queries and give the appropriate solutions.

Mohanrao

Company Size: 201-500 employees

Its an intutive software

HR Mantra is very user-friendly. I'm still getting familiar with a lot of the features but I have not found anything to this point that is overly challenging or difficult to get understand. I like the way HR and Payroll sync, which eliminates double entry The key reason we've stayed with this system is that it provides automatic calculations of paid time off based on a formula we set up, automatically changing accruals on employee anniversary dates. HR Mantra also allows us to easily calculate PTO that will be earned through the end of the fiscal year since we allow staff to schedule (and generally use) PTO in advance of accrual.

Philip Tayde

Company Size: 201-500 employees

Happy we choosen HRMantra

The interface of HR Mantra is simple and straightforward and does exactly what we need it to do. If a mistake is made it is easy to go back and fix. Such as payroll if a cheque was done incorrectly all you have to do in adjusting the cheque to fix. The terminology used in HR Mantra is also very user-friendly so that non-professionals and users without bookkeeping experience can understand it. The speed of the actual accounting software is fast. I have never worked with a vendor who was so organized and supportive of us reaching our goals. There was never a gap when we needed help--calls and emails HR Mantra always returned promptly.

Anibha Tulsian

Company Size: 11-50 employees

Best Payroll Management Software

Long association with Pankaj & his entire team, wish HR Mantra team All the Best and looking forward for HR Mantra to be one of the Best Techie HR & Payroll Software.

Sunil Kadam

Company Size: 1-10 employees

User Friendly

HRMantra Has interactive and in-depth report designer help us to create a reports in just tip of fingers.

Vijay

Best part of "HRMantra" is Highly Customized Reports. HR activities are now fully automated. A must use Software.

"HRMantra" has tremendous User Interface. Managing Employee's activities is very easy now with this tool. The most amazing features is Report Generation. It really has very highly customized reports features which has helped us a lot. Appreciate the support too.

Sukhwinder Kaur

Company Size: 201-500 employees

User Friendly HR Mantra

Our employees and HR Team is happy using the system. Few modifications in the systems in terms of accuracy of reports and dashboard will give a competitive advantage over other such software in the industry. Organisation Structure - HR Mantra must work on the Organisation Structure, the current organisation structure do not provide the right information (Can be developed in New Implementation). Dashboards / Reports: HR Mantra can work on the Dashboards / Reports in a way that Salary / CTC can be hidden from various admin owner and be reflected only to some and on the correctness. User Need: System is developed in a way to accommodate the majority needs of any business.

Kiran

Company Size: 51-200 employees

HR Mantra is a good HRMS

HR Mantra is a good HRMS with good customer support. Team is very supportive and flexible in timelines. Suggest to develop more features and modules for a complete HRMS package.

Miken kansara

Good HR mantra Software

Such a nice software and all module designed very superb. Easy to understand and operate. And HR mantra support team also having a quick response to their clients.

Sadhana Gupta

Company Size:201-500 employees

Very good software

We are using this software for more than 10 years. Its value for money. If anything you require is not there, they hear you out and create the same.Software is very user friendly. Everything is available on it. Suggestions are taken very positively. Good and helpful staff.

Nimit Chokshi

Company Size: 201-500 employees

Happy to have HRMantra

HR Mantra is very user-friendly as we have used only HRIS, Attendance, Leave and Payroll Modules. I'm still getting familiar with a lot of the features but I have not found anything to this point that is difficult to get understand. The interface of HR Mantra is simple and straight forward and does exactly what we need it to do.

Rahul Singh

Company Size: 501-1000 employees

Excellent support

Would recommend more features to be added and some module to be updated as per the requirement of customer. Support process to be more simplified and supportive.

Sanjay Anchan

Company Size:1001-5000 employees

HRMantra is Best Software

HR Mantra is the best software, overall it is the best software to use and to recommend anybody. They have a very good customer support team who replies to the queries and give the solutions. We are using Core, HRIS, attendance, leave, pms module in our organization.

Joe

Company Size: 51-200 employees

Very Good Software.

We are using this software more than 10 years. This software is really good and very easy to use. Attendance and Leave module has many option to personalize which is helping to fulfill our requirements.

Nailesh

Company Size:201-500 employees

Best Software

HRMantra is amazing software to make your HR single window solution and be tension free to calculate leave and all. "Single line every HR Person have try it."

Novacare

Company Size:201-500 employees

User friendly Software.

Overall it is excellent software, very easy & handy to use but we are expecting quarterly or half-yearly visits & training, so that it is easy to handle & which will save time because for every small issue we have to keep on calling you. So looking forward to your positive response & thank you for all your support.

Supriya Shetty

Keep up the Good Work.

Best Software

A time-saving software that helps to ease the attendance & salary related task. Good support from the SPOC. Constant Follow up until a raised query is resolved. Easy access to team members. Continue the good work.

Kumar Krishan

Company Size:501-1000 employees

Good HR Mantra Software

Nice Customer support Good teamwork. Using the software since 3+ years. Friendly with user. After using the software we are able to reduce the paperwork by 90% in HR Department. The best part is the customer support.

Sumit Mittal

Company Size:1001-5000 employees

Automation powerfull software

Ease to daily HR operation, Enhance the digitization in employees data, Reduce timing in huge exercise i.e. Monthly payroll, Leave, PMS, Confirmation. Analytics tool to help in employee data management.

Arpita Gurav

Company Size:501-1000 employees

Would definitely recommend HR Mantra to others as well.

Would definitely look forward to work with HR Mantra team if they maintain the consistency of providing good back end support, resolve the queries in time. Right now as an end customer really feel very happy and would definitely recommend HR Mantra to others as well.

Kadam Pravin

Company Size:201-500 employees

User Friendly & Easy to Understand .

Overall Satisfied, enjoying the software.No complain till now, help us to get various reports in no time, Tax Calculation is the best part of the software.

Shweta Vasagadekar

Company Size:501-1000 employees

Overall a good system for Payroll.

Overall a good system for Payroll, still not used the other modules, but soon to implement the same. Good Technical support from Mr. Ajinkya and team, Thanks to Mr. Harish Dhar for introducing such good software.

Reeba Benoy

Company Size:201-500 employees

User friendly & prompt customer service

User-friendly, prompt customer support from the SPOC which we are handling. Its more than one year we are working with them. Mobile app is also good for our site employees.

Bodhisatwa Joarder

Company Size:501-1000 employees

Strong HR Operation System

It is a system which helps HR personnel to work easily. Solutions are ready for every problem. All the supporting stuffs are well mannered and likes to hand hold the customers.

Sunil Kumar

Company Size:1001-5000 employees

HRMantra is a good and user friendly Software.

Being HR of a company I found HRMantra Payroll with all options required by an HR Team in a big organization. It is a useful system and decreases the dependability on huge manpower. The thing of concern is only it should be maintained properly from the Initial stage. Then on times, you need not to think while processing reports for any HR function.

HO Amrit

Company Size:501-1000 employees

payroll processing made easy.

Support is good, software is easy to use, and special thanks to Ms. Sanika & Unnati Maam. Payroll is easy to process and software is configurable according to our requirement, one of the best HRMS software.

Manu Chaturvedi

Company Size:501-1000 employees

HR Mantra is user Friendly & very good software for payroll processing.

HR Mantra is a very good Software for Payroll. Sanika provides us a very good Support for all query. HRIS/ Attendance/Core/Payroll all modules are very good for the HR processing.

Anagha Guha

Company Size:11-50 employees

One of the most user friendly HR software

Easy to customize and use, one of the most user-friendly HR software I have used. All HR processes are mapped and is suitable for small & medium enterprises.