Employee Retention and Strategies to Improve it

People Management

Table of Contents
INTRODUCTION.....................................................................................................................................3
MAIN BODY.............................................................................................................................................3
TASK1........................................................................................................................................................3
Meaning of retention and how an organization can improve the employee retention..............................3
TASK 2...................................................................................................................................................5
Reflective Essay......................................................................................................................................5
CONCLUSION..........................................................................................................................................6
REFERENCES..........................................................................................................................................7
Books and Journals:.................................................................................................................................7

INTRODUCTION
People Management is a deep sense which involves the employee development, growth,
problem solving, and organizing in the business (Milliman, J., Gatling, A. and Kim, J. S., 2018).
It is an ongoing process which sets the goals of employees and evaluate his progress later.
Overall it aims to solve problems and make their engagement in other team members of
organization. The report is going to prepare on the Tesco Company which is UK based
multinational groceries stores and also specialized in the general merchandise. The company was
founded by Jack Cohen in 1919. It includes various item in its store to sell such as clothing,
furniture, toy, books and many more. The aim of the report is to understand the employee
retention and how it can be improve by organization.
MAIN BODY
TASK1
Meaning of retention and how an organization can improve the employee retention.
Employee retention defines an ability of an organization that how it retains employee. It
involves various practices, strategies and policies that helps to reduce the employee turnover. HR
department helps to motivate their employees which involves many strategic actions and plans
and focused to remain employed and they are completely engaged and productive for increases
the value of the organization. In the context to Tesco, HR department is highly focused on to
retain their employees (Mazzei, A., Butera, A. and Quaratino, L., 2019). It plays a very important
role in both retaining and attracting the talented employees as well employee turnover reduction.
It was a very critical issue in the company to compete for talented employees in this tight
economy. It is very important for the organization to focus on retention of quality employee
rather than to hire, train and develop other replacement of employees of the same talent and
quality. A wide-ranging retention of employee’s session can help a lot to retain and attract key
staff members and also helps to reduce the cost of recruitment program. Before looking for the
methods or ways, it is important to understand the issues which cause the employee turnover in
the organization.
 Employee’s dissatisfaction: Traditional retention strategies attack this concern such as
monitoring attitudes at workplace and addressing the ways of employee turnover.
 A negative experience: Sometimes employees leave the organization with having a
negative vibes or experiences without thinking for the future (Yukongdi, V. and Shrestha,
P., 2020). Usually, these negative experiences are gain from some specific action in
organization such as experiencing issues with mentor, not getting promotion or
appreciation from past working years. So that it is very important to know the frequency
and types of problems regarding work that drive employees to leave the organization.
 A planned change: Employees in the organization sometimes have predetermined plan
to leave the organization, some reasons such as spouse pregnancy, career advancement
opportunities and many more.