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| Employee Retention
Management |
| Question of
Life (Retention) and Death (Attrition) of an Employee
Life-cycle |
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The People Managers of the Day are in the line of
FIRE.
"Employee Retention" is The Biggest Challenge.
It makes no business sense, if People do not stay
in your organization
Independent Research Study reveals that companies today
are struggling to handle the Employee Retention (ER)
situation. ER Situation is not a physical disruption
which can have a solution like a magic pill and results
can't be seen overnight.
For the perfect understanding on this grave situation
consider Employee Attrition as Death and Employee Retention
as Life.
Death is inevitable, there is nothing much one can
do about death. However much can be and should be done
about Life, because everything you do about Life also
delays Death and increases Life.
Organization is like a huge Joint Family. Taking care
of the lives and health (Retention) of every family
member and delaying Death (Attrition) is the responsibility
of not only the head of every family but the responsibility
of every family member. Similarly Retention (Life) is
not the sole responsibility of the HR Dept (Nursing
Staff / Facilitator).
54ER-Scorecard® System is a monitoring and measurement
system which provides an elaborate picture about activities
which all your people managers should undertake.
54ER-Scorecard® System provides you with enormous
control on activities of all your managers focusing
Employee Retention (i.e. Life).
54ER-Scorecard® System enables you to first Measure
and Monitor, what you Measure and Monitor is Manageable,
what is Manageable is Controllable.
Thus this 54ER-Scorecard® System's process leads
you to control Employee Attrition (i.e. Death).
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You know what to do, Contact
us Immediately ....
Control = Measure x Monitor
x Manage
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Trust,
Hope, Worth and Competence : In the Permutation
and Combination of these 4 aspect lies the secret
of all Voluntary Employee Turnover :-
" 67 Reasons Quoted by Employees
for "Why they Leave the organization"
" 57 Reasons are preventable during Voluntary
turnover
" 7 Reasons under which almost all Voluntary
Turnover are segmented
" 54 Employee Engagement Activities which
is to be initiated for Retention through Engagement
Objectives.
" Implement Strategic Retention through Engagement
using 54ER-Scorecard® System.
" Track 54ER-Scorecard® Engagement Practices
through defined Metric and Measurement.
" 54ER-Scorecard® Initiatives fall under
7 major objectives which are defined and mapped.
" 54ER-Scorecard® (Engagement &
Retention) Update Frequency : Every Quarter.
" Strategically Tackle Attrition through Eigenvalue
54ER-Scorecard® System Implementation
" Bi- annual External Voluntary 54ER-Scorecard®
Audits and Analysis if required to ensure Proper
& Consistent implementation of the Employee
Retention Strategy.
Shouldn't you Call Us Now ??? |
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Actual
usage of the 54ER-Scorecard® System will
" Drive strategy execution
for Employee Retention
" Clarify strategy and make strategy operational,
measurable, monitorable and thus managable
" Identify and align strategic initiatives
which can be measurable, monitorable and thus
managable
" Link budget with strategy which can
be controlled and ROI tracked and traced to the
Engagement activities.
" Align the organization with Employee Retention
strategy
" Conduct periodic strategic performance
reviews to learn about Employee Engagement and
improve Retention Strategy
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 54ER-Scorecard®
System
Action
Leadership : MCPR®
Balanced
Scorecard MPOTM
9T90-Learning®
System
ShadowCoach®
TMBS®
Strategic
HR Insourcing®
Strategic
BSCI®
Strategic
BSCAudits®
CorBI®
C=3M®
RT2C2®
MindCraft®
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