Employee Retention and Ways to Improve it in Organizations

Introducing people
management.

Table of Contents
Introduction......................................................................................................................................3
Discuss retention and how organisations can improve employee retention...............................3
Reflective essay...........................................................................................................................6
Conclusion.......................................................................................................................................7
References........................................................................................................................................8

Introduction
Employee retention refers to the ability and the efforts of an organisation to retain the
employees of the company. It is important for the company to retain their talented employees as
they are the one that will help the company in completing their tasks effectively and efficiently.
In order to retain the employees for a longer duration of time, it is important for the company to
motivate the employees and boost the morale of employees as it will help the organisation in
enhancing the productivity and performance of the employees (Dawson and Carson., 2020.).
Employee retention will make sure that the company is having a low employee turnover rate and
are saving the cost of recruitment and training of new employees. It will also help the company
in having a workforce which is expertise in their sectors and are working according to the
requirements of the company. It will create a loyal workforce for the company which is essential
for the company in order to achieve success.
Main body
Discuss retention and how organisations can improve employee retention
Employee retention is one of the major task of human resource management of the company. If
an employee is not satisfied with the workings of the company, they will sooner or later will
resign from the job. Working environment also plays a major role in the satisfaction of
employees. If the working environment of a company is negative then it will have a negative
effect on the productivity of employee whereas if the environment of a company is positive then
it will help the employee in increasing their productivity (Travaglia and Miller., 2018.). Positive
working environment will not only have good impact on the efficiency of the employee but will
also have a good impact on the mental health of employee. If a company have high employee
turnover rate then it is not good for the company as recruitment of an employee includes high
cost for the company such as recruitment cost, selection cost, training cost and if the employee
leaves the job, the cost invested by the company in the employee will go in waste. It is important
for the company to make sure that they are able to retain the employee for a longer duration of
time. Low retention rate will have a negative impact on the reputation of the company as the
talented employees will not be willing to work in a place where there is no job satisfaction
(Wirahadikusumah and et. al., 2019.). Human resource is one of the most important resource of
the company and it is important for the company to make sure that they are working in order to
retain the talented employees of the company. Human resource is a crucial investment of the