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    Jiwaji University, Gwalior

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    This document discusses improving employee engagement and retention in human resource management. It defines employee engagement as how connected employees feel to their work and coworkers, and employee retention as having a lower employee turnover rate. The objectives are to describe comprehensive retention approaches, explain the importance of engagement and how to foster it, discuss career development support, coach employees effectively, and make promotion decisions. It provides strategies like hiring the right people, meaningful work, recognition, and work-life balance to improve engagement and retention, which leads to benefits like reduced costs and increased productivity and profits.

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    Jiwaji University, Gwalior

    Uploaded by

    shersinghlodhi9179
    20 views11 pages
    This document discusses improving employee engagement and retention in human resource management. It defines employee engagement as how connected employees feel to their work and coworkers, and employee retention as having a lower employee turnover rate. The objectives are to describe comprehensive retention approaches, explain the importance of engagement and how to foster it, discuss career development support, coach employees effectively, and make promotion decisions. It provides strategies like hiring the right people, meaningful work, recognition, and work-life balance to improve engagement and retention, which leads to benefits like reduced costs and increased productivity and profits.

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    This document discusses improving employee engagement and retention in human resource management. It defines employee engagement as how connected employees feel to their work and coworkers, and employee retention as having a lower employee turnover rate. The objectives are to describe comprehensive retention approaches, explain the importance of engagement and how to foster it, discuss career development support, coach employees effectively, and make promotion decisions. It provides strategies like hiring the right people, meaningful work, recognition, and work-life balance to improve engagement and retention, which leads to benefits like reduced costs and increased productivity and profits.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    20 views11 pages

    Jiwaji University, Gwalior

    Uploaded by

    shersinghlodhi9179
    This document discusses improving employee engagement and retention in human resource management. It defines employee engagement as how connected employees feel to their work and coworkers, and employee retention as having a lower employee turnover rate. The objectives are to describe comprehensive retention approaches, explain the importance of engagement and how to foster it, discuss career development support, coach employees effectively, and make promotion decisions. It provides strategies like hiring the right people, meaningful work, recognition, and work-life balance to improve engagement and retention, which leads to benefits like reduced costs and increased productivity and profits.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 11

    Jiwaji University, Gwalior

    (Established in 1964)
    NAAC Accredited ‘A’ Grade University
    SOS IN POLITICAL SCIENCE AND PUBLIC
    ADMINSTRATION

    HUMAN RESOURCES MANAGEMENT: IMPROVING EMPLOYEE


    ENGAGEMENT AND RETENTION

    SESSION 2023-24
    PRESENTED TO : PRESENTED BY:

    MISS. SAPNA YADAV MUSKAN LODHI


    MBA HRD 1st SEM
    Introduction
     Human Resource Management: It is the department of business
    organization that looks after the hiring, management, and firing
    of staff. HRM focuses on the function of people within the
    business, ensuring best work practices are in place at all time.
     Employee Engagement: It measures how connected your employees are with each
    other and your business. Their work matters to them and so does their co-workers
    success.
     Employee Retention: It is your ability have a lower turnover rate, or the number
    of people who leave their job in a certain period, either voluntarilty or
    involuntarily.
    Objectives
    Describe a comprehensive approach to retaining employees.
    Explain why employees engagement is important, and how to foster such
    engagement.
    Discuss what employers and supervisor can do to support employees carrer
    development need.
    List and discuss the steps in effectively coaching an employees.
    List the main decisions employers should address in reaching promotion
    decision and completing goals.
    Three approaches pyramid for
    employees
    Leadership skills Employees needs Results
     Developing a productive  Being a part of successful  PASSIONATE
    team. team. EMPLOYEES.
     Driving team towards,  Being assigned with  MORE COMMITTED AND
    purpose, mission and vision. meaningful task. ENGAGED EMPLOYEES.
     Be embracing.  Being informed and  EMOTINALLY
    involved. ATTACHED EMPLOYEES.
     Coaching and mentoring.
     Being able to learn and  TALENTED AND
     Developing trust.
    prosper. SKILLED EMPLOYEE.
     Being valued.  IMPROVED LEVEL OF
    EMPLOYEE
    Employee’s engagement and retention strategy
    Personality test, Aptitude
    Hire the right people. Through test, pre-placement task.
    Caliber, Intrest.
    Allot responsibilities wisely. As per employee’s

    Accessible work By Avoiding hierarchical


    culture, Having open door
    environment. policy.
    By
    Appriciate good work. Saving a simple word
    thank you, Giving them
    By
    Performance appraisals. gifts.
    Providing them regular
    feed back, conducting
    review meeting.
    Importance of employee’s engagement and
    retention

    Employee’s feel satisfied when they’re engaged.


    Engaged employees are better communicators.
    Engaged employees are more creative.
    Comprehensive approach to engagement and
    retention
    Selection
    Professional growth
    Provide career direction
    Meaningful work and ownership goal
    Recognition and rewards
    Culture and environment
    Promote work-life balance
    Achievement
    Business impact of employees engagement and
    retention

    60% reduction in employee turnover ration.


    30% increased productivity level.
    25% more satisfied customers.
    33% increase overall profits.
    44% reduced repetative hiring cost.
    Why does it matter ?
    Business performance
    I. Companies with high employees engagement
    13.2% improvement in net income growth.
    19.2% improvement in operating income.
    27.8% improvement in earning per share.

    I. Companies with low employee engagement.


    3.8% decline in net income.
    32.7% decline in net income growth.
    11.2% decline in earning per share.
    CONCLUSION
    Employee participation play a crucial role.
    .
    Lower employee turnover and better profitability.
    Increases employee engagement and satisfaction at the workplace.
    Shows the emotional and intellectual connection.
    Improve working condition.
    Promotes the health and success of organization.
    THANK YOU

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