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The biggest challenge faced by an organization today is not one of
growth or profitability. Rather, it is about retaining one's best
employees. For a qualified professional these days, there is no dearth
of jobs. He only needs to send out feelers before he's flooded with
offers. This allows him to
operate from a vantage position, imposing his terms on an organisation
and negotiating a lucrative deal. No wonder every Human Resources
manager has recurring nightmares about an employees' movement.
But let us delve further. Let's look at the different types of employees
that work in an organisation. Essentially, there are three:
Attached: They are motivated individuals with a strong sense of
belonging. They are the prime movers in an organisation, responsible for
its growth and progress.
Not Attached: They are mechanical workers. They simply do as they are
told and don't exercise their imagination in any way. Their contribution
to the organisation is only in terms of the time they spend working.
Detached: They are individuals with a negative mindset. They are unhappy
most of the times and spread gloom in the workplace. This adversely
affects the performance of other employees.
The first task of management is to identify 'detached' employees and
motivate them to become 'attached'. If this fails, then the management
would do well to get rid of them. The age-old maxim 'one rotten apple
spoils the entire basket' is perfectly applicable here. The next step
should be to
focus on the 'not attached' employees and try and increase their
attachment levels. Only after these conversions have been carried out
successfully should the management shift its focus on 'attached'
employees and think of ways of retaining them.
Selection of candidates: It is best to nip the evil in the bud. Hiring
managers should take pains to hire candidates who have a positive
outlook on life and work. A proper background check should be carried
out prior to selection. This could be a tedious affair and even
expensive, but it's definitely worthwhile in the long run. During the
interview, a Hiring manager should be open and frank with a prospective
employee when discussing scope of work, compensation, growth prospects,
and other information which could be of interest to the candidate.
Driven by targets themselves, a lot of Hiring managers withhold
important information from the candidate. This could easily escalate
into something serious later on, where an employee feels cheated and
either quits the company or turns detached.
Adequate Compensation: Money is one of the biggest motivating factors.
Therefore, employees should be well-compensated to keep them from
looking for better alternatives. An organisation should adopt a policy
of bi-annual appraisals, though ideally it should be every four months
or so. Apart from
regular salaries, an organisation should device a formula whereby the
performers are rewarded monetarily.
Training: There is a strong misconception in the industry that employee
turnout is greater immediately after the initial training/orientation
phase. Contrary to this, as is evident from a number of independent
surveys, training helps reduce attrition levels. The lesson here is that
organisations need to organise regular training programs to provide
employees with the necessary motivation.
The role played by the supervisor: Does a supervisor play any role in
influencing his subordinates, either to remain with or leave an
organisation? As per one of the most comprehensive surveys of its kind
undertaken by the Gallup organisation, which analysed responses from a
million employees and 80,000 managers, it was revealed that: if you're
losing good people, look to their immediate supervisor. He is one of the
biggest reasons why people remain with an organisation. He's also the
main
reason why they quit, taking with them their much-valued knowledge and
experience - straight to the competition!
A public reprimand by a supervisor is one of the main reasons why people
leave an organisation. At the first instance, an employee may not leave.
Nevertheless, a thought has taken shape in his mind. The second time
around, this thought gathers roots. After that, the employee starts
browsing job
sites and getting in touch with placement consultants.
An individual who leaves an organisation becomes its spokesman - either
to enhance or tarnish its reputation in the market. To counter this,
organisations should adopt a 360º appraisal system whereby employees are
not only appraised by seniors, but also by their peers and subordinates.
A number of employees are afraid of giving honest feedback about their
superiors as they're afraid of the repercussions. To avoid this, a
system that protects the identity of the person giving feedback should
be enforced.
Negative feedback should not be taken on face value. It should be
properly investigated with an unbiased mind. If found guilty, the erring
supervisor should be summoned and advised to change his management
style. If the management receives repeated complaints against a
supervisor, and there's
also no discernible change in his working style, disciplinary action
should be considered. After all, a manager with excellent leadership
qualities but moderate skills set is far better than a manager with
excellent skills but who is not a team player.
These are some fundamental but hugely effective methods that an
organisation could profit from. Once set into motion, they will result
in greater employee satisfaction and lower employee turnover. More
importantly, it will result in happier and more productive employees.
Growth and profitability
will automatically follow.
Writer:
Mohinder Chugh
mpchugh@yahoo.com
B.Tech from University of Mumbai .
PGDBA in Marketing. Working Exp 18 years in Sales and Marketing.
Presently working as National Account Manager with ORG Informatics Ltd.
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