5. Role of HR in Employee Retention

 

This article initially discussed general actions that can be taken by the HR Department on employee turnover.

·      Exit Interview − Everyone needs a job for their livelihood and for their future prospectus. So, no employee leaves his/her job without a reason. If an employee wants to leaves his/her job and resigns from his present assignments, then it is the responsibility of the HR department to interview the respective employee and find out the reason for leaving the job and the organization immediately. There could be various reasons for the employee to leave his/her job and the major reasons could be conflict with boss, no good work environment, lack of growth and lesser salary etc.

·      Finding the Reason for Leaving − Finding the reason, why an employee is leaving the organization is very important and should be known for avoiding future employee exits. Hiring is a tedious process and it is really very difficult to recruit the right candidate and train him once again. Do check the track record of the employee who wishes to move on. It is really essential for the management to retain those employees who have the potential and are really indispensable for the organization.

·      Hiring the Right Resource − The HR person must ensure that he is recruiting the right employee who actually fits into the role. A right person doing the wrong job would never find his job interesting and certainly look for a change. Make sure every individual has been assigned responsibilities according to his specialization and interest.

·      Employee Motivation − The human resource department must conduct motivational activities at the workplace. Organize various internal as well as external trainings which help the employees to learn something extra apart from their routine work. Make them participate in extracurricular activities important for their overall development. Encourage them to interact with each other so that the comfort level increases.

·      Reward the Performers − The HR must launch various incentive schemes for the top performers to motivate them. This way the employees feel important for the organization and strive hard to perform even better the next time. The employees who show promise should be awarded with cash prizes, lucrative perks and certificates to make the individual stand apart from the crowd.

·      Job Rotation − Performance reviews are a must. The HR along with the respective team leaders must monitor their team member’s performance to ensure whether they are enjoying the work or not. The employees look for a change only when their job becomes monotonous and does not offer any growth or learning. Job rotation can be one of the effective ways to retain employees.

An HR professional must try his level best to motivate the employees, make them feel special in the organization so that they do not look for a change.



However, at the end of the day, part of the team decided to leave the organization. But, the HR department can identify the reasons that resulted in employee turnover. This can be identified as an "Exit Interview."


What is the Exit Interview?

A survey is undertaken with someone who is leaving a company or relationship. This most typically occurs between an employee and a company, a student and a school, or a member and a trade group.

 



Exit interviews come in a variety of forms, but most businesses take a straightforward approach. It might be a meeting, a phone conversation, or an email to discuss why you're leaving the company.

Individual employees are not evaluated via exit interviews. Its goal is to learn about time at the company, not to delve into personal details or make management criticisms. The purpose of the exit interview is to acquire information for the benefit of the organization. It's a chance for the manager to answer any unanswered questions and figure out whether there was anything extra they could have done to keep the employee.

However, it's also a good technique to see if there are any internal problems. If you've had a difficult time at the company, be prepared to answer a few more thorough questions about your experience.


Reference 

The article is Written By “Prachi Juneja” and Reviewed By Management Study Guide Content Team. MSG Content Team comprises experienced Faculty Member, Professionals and Subject Matter Experts. We are a ISO 2001:2015 Certified Education Provider. To Know more, click on About Us. The use of this material is free for learning and education purpose. Please reference authorship of content used, including link(s) to ManagementStudyGuide.com and the content page url.



Comments

  1. Good article Sushini. I think the HR should more focus on providing facilities for better employee wellbeing of the staff. Nowadays the employees not only seek financial benefits but also non-financial benefits, specially recognition and appreciation and also when it comes to working mothers it is the work-life- balance as the bankers has to work too long hours.

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    Replies
    1. Hasitha HR professionals are not only tasked to find top talent, recruit and hire. They also have an important role to play in ensuring the safety and well-being of employees. when it comes to working mothers In addition to their professional duties, they must also care for their family. This has a significant impact on their ability to maintain a healthy work-life balance, as well as their emotional and mental well-being.

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  2. For identifying and improving the weak areas in the company, you can get feedback from existing employees. As a workaround, you can create an online survey and forward it to existing employees for getting the ananomys feedback once a month or within any defined time frame. For getting a better result, I think you can let the employees know that feedback is received by HR as ananomys.

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    Replies
    1. Hi Marian With the rise in remote work since the pandemic’s arrival and the decrease in face-to-face connection, today’s managers face real challenges assessing how satisfied their team members are with their jobs. the purpose of employee engagement surveys is to determine employee sentiment and attitude: their levels of motivation for and commitment to their work with you and their satisfaction with your organization and the environment it provides.
      As you have mention organization you can achieve the following.
      1Improve employee morale
      2.Detect knowledge gaps
      3.Happier employees
      4.Increase employee satisfaction

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  3. Dear Sushini,
    It is a well-written article. According to my experience, I faced to an exit interview when I left my previous employment in Hirdaramani group. It was done by the HR manager herself. She really wanted to know what was the genuine reason to leave. Not only that she wanted to know whether I discriminated due to any reason during my work-life or not. For an organization, it is important to assess the overall employee experience within the organization and identify opportunities to improve retention and engagement.

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    Replies
    1. Thank you for your input benefits of conducting exit interviews are huge, they include:
      • shortening and improving effectiveness of the recruitment process
      • reducing employee absenteeism
      • sustaining or raising organisational performance through potential
      • increase employee engagement and alignment, and
      • reducing possible litigation issues.

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