Importance Of Employee Retention Quotes

Maybe—and I just want you to think about it for the future—you should consider what other factors are important in employee retention. You know, like making people feel appreciated, giving them a reason to stay loyal to you. It isn’t just about a paycheck,” I replied as gently as I could, even though I knew damn well he didn’t exactly deserve to get handled with kid gloves. “You’ll find someone. It’s just not going to be me.

It’s important for workers in organizations, especially big ones, to share a common purpose. But when my colleagues and I studied 605 new Wipro employees across three different operations centers in India, we discovered that there was a better way of conducting onboarding sessions.3 As we confirmed in subsequent studies, an individualized approach to onboarding, where newcomers like Adesh write about and share stories about their best selves with others, leads to greater performance and retention. And perhaps more importantly, it connects employees more closely to their organizations.

If you want better ideas, help your employees know what differentiates a good IDEA by giving them a few criteria to follow. When they can think through these elements, their idea has a better chance of being used and making a difference. I—Interesting. Why is this idea interesting? What strategic problem does it solve? How will results be made better by this idea (customer experience, employee retention, efficiency)? D—Doable. Is this idea something we could actually do? How would we make it happen? What would make it easier or more difficult? E—Engaging. Who would we need to engage to make this happen? Why should they support it? Where are we most likely to meet resistance? A—Actions. What are the most important actions needed to try this? How would we start?