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Minimizing Turnover – Retention Strategies Organisations should
Focus on
Employee churn is a perennial challenge faced by
organisations. HR addresses this issue by formulating
various retention strategies.
But despite the best efforts, employee churn continues
to be a significant pain-point..
Therefore, in order to minimize turnover, HR personnel
will have to take a more holistic approach..
..and follow a process-driven approach to hire and retain
talent who are less likely to leave the organisation.
Per a employee retention study, it was found that high-
retention companies are more likely to identify eligible
employees for retention…
Factors that aid in employee retention include:
A. Good Working Conditions
B. A Friendly Work Environment
C. Encourage Innovative Ideas
D. Effective Communication
E. Learning Opportunities
F. Clear Career Progression Path
G. Recognition of Work
About ICFAI Flexible Learning ProgramsICFAI Flexible Learning Programs are designed primarily for Working Professionals to pursue their
management program while they continue to work. These programs provide them with the Skills, Knowledge
and Strategic Perspectives required for them to succeed at their workplace and promote their career
progression.
The programs range from Modular >> Certificate >> PG Diploma >> MBA in the functional areas of Finance,
Marketing, Operations, HR etc. and covers the industry sectors like IT/ITES, Health Care, Pharma, Telecom,
Banking, Financial Services and Insurance, etc.
Features - Flexible Learning Programs:
✓ Convenient and Flexible Mode of Learning
✓ Innovative learning methodology backed by Contemporary Curriculum
✓ Quality Courseware along with new-age learning aids as part of the Hub & Spoke Learning Model
✓ Online Counseling Classes
✓ Web support for the students
✓ Easy fee payment patterns including EMIs
✓ Examination thru Computer Based Testing (CBT) pattern – conducted 4 times in a year, giving flexibility to
the working-class in choosing the schedules