SlideShare a Scribd company logo
1 of 8
Download to read offline
Who is responsible for it?
Attrition
Copyright 2013 | Saigun Technologies Pvt. Ltd. 2
An Introduction
HR Heads are worried about employees leaving their organizations.
Not only is it COSTLY to lose trained employees
but their REPLACEMENTS are NOT EASY TO COME BY.
Hence, Human Resources strives hard to keep attrition at the minimum.
Extensive interviews with HR directors at 30 companies found
that most companies have little real understanding
of why employees leave…
Greg Weiss
(An HR consultant and principal of Human Management)
Source: Article from ww.zdnet.com.au
Who is Responsible for Attrition?
3Copyright 2013 | Saigun Technologies Pvt. Ltd.
Results of poll from www.citehr.com
Poll Result:
o Personal reasons
o Family issues
o Location preference
o Company brand
o Peer relationships
Only 8% HR professionals felt that employees
leave organizations on their own,
but why do they leave?
Copyright 2013 | Saigun Technologies Pvt. Ltd. 4
01. Employees as a Reason for Attrition
Conduct employee satisfaction surveys
regularly, they’ll help:
Identify critical gaps in employee
perception
Identify important trends
Help define future HR guidelines
What to do?
Use an Employee
Satisfaction Survey Tool
o Meeting employees’ expectation is a
difficult task, most managers cannot do
it effectively and consistently
o Satisfying employee needs is often
given a lower priority
o Managers lack appropriate tools to
manage employee tasks
02. Supervisor or Line Manager as a Reason for Attrition
5Copyright 2013 | Saigun Technologies Pvt. Ltd.
Immediate managers cause 38.15% of Attrition
It confirms my theory that employees don’t leave their job or
company… They leave their manager.
Wayne Hochwarter
(Associate Professor of Management in the College of Business at Florida State University)
 HR should continuously train managers
in handling employee expectations
 HR should provide them with the
necessary tools
 An online Manager Services solution to
allow managers to constantly counsel
employees
What to do?Why?
HR should also be able to track changes in employee performance rating, gaps between
employee and manager performance, sudden increase in paid-time-off and should be
prepared to act quickly if any visible trends are evident.
All companies want to become the ‘best paying employer’, but market forces,
tough competition and a slow economy dictate otherwise
Balancing P&L and employee compensation shall always be a nightmare for
them given the high cost of talented employees.
Copyright 2013 | Saigun Technologies Pvt. Ltd. 6
03. Compensation or Job Profile as a Reason for Attrition:
The Problems
54.82%
say that ‘Compensation and Job Profile’ are the primary causes of attrition
Disparity in the compensation packages is bound to occur and a mis-matched
job profile increases
Likelihood of a
satisfied and
motivated
workforce increases
Fair and
transparent system
to capture
employee
performance
03. Compensation or Job Profile as a Reason for Attrition:
The Solutions
7Copyright 2013 | Saigun Technologies Pvt. Ltd.
Convince employees that they are compensated in direct proportion to their
productivity
Each individual should be assigned SMART (Specific, Measurable, Achievable,
Reviewable and Time Based) goals and you could cascade these from
organization objectives
Employees work on
goals that are
aligned to the
company objectives
Adopt a fair and transparent compensation policy where each employee gets
his/ her dues based on company, team & individual performance
Compensation
and Job Profile
become
manageable
reasons
Thank You
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
www.empxtrack.com

More Related Content

More from Empxtrack Inc.

Empxtrack Recruitment Management System - Datasheet
Empxtrack Recruitment Management System - DatasheetEmpxtrack Recruitment Management System - Datasheet
Empxtrack Recruitment Management System - Datasheet
Empxtrack Inc.
 

More from Empxtrack Inc. (20)

Empxtrack Recruitment Management System - Datasheet
Empxtrack Recruitment Management System - DatasheetEmpxtrack Recruitment Management System - Datasheet
Empxtrack Recruitment Management System - Datasheet
 
Variable Pay implementation using Empxtrack
Variable Pay implementation using EmpxtrackVariable Pay implementation using Empxtrack
Variable Pay implementation using Empxtrack
 
Bell curve for performance appraisal
Bell curve for performance appraisalBell curve for performance appraisal
Bell curve for performance appraisal
 
Using Empxtrack Onboarding Module
Using Empxtrack Onboarding ModuleUsing Empxtrack Onboarding Module
Using Empxtrack Onboarding Module
 
Analytics for a manager
Analytics for a managerAnalytics for a manager
Analytics for a manager
 
How to supervise employees with low self esteem
How to supervise employees with low self esteemHow to supervise employees with low self esteem
How to supervise employees with low self esteem
 
Applicant tracking module
Applicant tracking moduleApplicant tracking module
Applicant tracking module
 
Variable incentive plans a motivation and retention tool
Variable incentive plans   a motivation and retention toolVariable incentive plans   a motivation and retention tool
Variable incentive plans a motivation and retention tool
 
How to Conduct Employee Appraisals
How to Conduct Employee AppraisalsHow to Conduct Employee Appraisals
How to Conduct Employee Appraisals
 
Top 10 bad hr practices
Top 10 bad hr practicesTop 10 bad hr practices
Top 10 bad hr practices
 
Ray of hope in recession for human resources
Ray of hope in recession for human resourcesRay of hope in recession for human resources
Ray of hope in recession for human resources
 
Best hr practices
Best hr practicesBest hr practices
Best hr practices
 
Automation of your recruitment processes
Automation of your recruitment processesAutomation of your recruitment processes
Automation of your recruitment processes
 
Effective use of 360 degree feedback
Effective use of 360 degree feedbackEffective use of 360 degree feedback
Effective use of 360 degree feedback
 
Evolution of the hr function
Evolution of the hr functionEvolution of the hr function
Evolution of the hr function
 
Is hr becoming redundant?
Is hr becoming redundant?Is hr becoming redundant?
Is hr becoming redundant?
 
Douglas McGregor's Theory X and Theory Y on Employee Motivation
Douglas McGregor's Theory X and Theory Y on Employee MotivationDouglas McGregor's Theory X and Theory Y on Employee Motivation
Douglas McGregor's Theory X and Theory Y on Employee Motivation
 
Conduct Performance Appraisal
Conduct Performance AppraisalConduct Performance Appraisal
Conduct Performance Appraisal
 
Empxtrack The Complete HR Package
Empxtrack The Complete HR PackageEmpxtrack The Complete HR Package
Empxtrack The Complete HR Package
 
Manage Employee Performance
Manage Employee PerformanceManage Employee Performance
Manage Employee Performance
 

Recently uploaded

Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
dlhescort
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
amitlee9823
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
lizamodels9
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
lizamodels9
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
amitlee9823
 

Recently uploaded (20)

(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
Call Girls Kengeri Satellite Town Just Call 👗 7737669865 👗 Top Class Call Gir...
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLJAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 

Understanding and Reducing Employee Attrition

  • 1. Who is responsible for it? Attrition
  • 2. Copyright 2013 | Saigun Technologies Pvt. Ltd. 2 An Introduction HR Heads are worried about employees leaving their organizations. Not only is it COSTLY to lose trained employees but their REPLACEMENTS are NOT EASY TO COME BY. Hence, Human Resources strives hard to keep attrition at the minimum. Extensive interviews with HR directors at 30 companies found that most companies have little real understanding of why employees leave… Greg Weiss (An HR consultant and principal of Human Management) Source: Article from ww.zdnet.com.au
  • 3. Who is Responsible for Attrition? 3Copyright 2013 | Saigun Technologies Pvt. Ltd. Results of poll from www.citehr.com Poll Result:
  • 4. o Personal reasons o Family issues o Location preference o Company brand o Peer relationships Only 8% HR professionals felt that employees leave organizations on their own, but why do they leave? Copyright 2013 | Saigun Technologies Pvt. Ltd. 4 01. Employees as a Reason for Attrition Conduct employee satisfaction surveys regularly, they’ll help: Identify critical gaps in employee perception Identify important trends Help define future HR guidelines What to do? Use an Employee Satisfaction Survey Tool
  • 5. o Meeting employees’ expectation is a difficult task, most managers cannot do it effectively and consistently o Satisfying employee needs is often given a lower priority o Managers lack appropriate tools to manage employee tasks 02. Supervisor or Line Manager as a Reason for Attrition 5Copyright 2013 | Saigun Technologies Pvt. Ltd. Immediate managers cause 38.15% of Attrition It confirms my theory that employees don’t leave their job or company… They leave their manager. Wayne Hochwarter (Associate Professor of Management in the College of Business at Florida State University)  HR should continuously train managers in handling employee expectations  HR should provide them with the necessary tools  An online Manager Services solution to allow managers to constantly counsel employees What to do?Why? HR should also be able to track changes in employee performance rating, gaps between employee and manager performance, sudden increase in paid-time-off and should be prepared to act quickly if any visible trends are evident.
  • 6. All companies want to become the ‘best paying employer’, but market forces, tough competition and a slow economy dictate otherwise Balancing P&L and employee compensation shall always be a nightmare for them given the high cost of talented employees. Copyright 2013 | Saigun Technologies Pvt. Ltd. 6 03. Compensation or Job Profile as a Reason for Attrition: The Problems 54.82% say that ‘Compensation and Job Profile’ are the primary causes of attrition Disparity in the compensation packages is bound to occur and a mis-matched job profile increases
  • 7. Likelihood of a satisfied and motivated workforce increases Fair and transparent system to capture employee performance 03. Compensation or Job Profile as a Reason for Attrition: The Solutions 7Copyright 2013 | Saigun Technologies Pvt. Ltd. Convince employees that they are compensated in direct proportion to their productivity Each individual should be assigned SMART (Specific, Measurable, Achievable, Reviewable and Time Based) goals and you could cascade these from organization objectives Employees work on goals that are aligned to the company objectives Adopt a fair and transparent compensation policy where each employee gets his/ her dues based on company, team & individual performance Compensation and Job Profile become manageable reasons
  • 8. Thank You Copyright 2013 | Saigun Technologies Pvt. Ltd. www.empxtrack.com