Hi Nitika,
Their are many ways to retain emloyee. u can engage them in your process .
give job to their family members in your org as per their qualification & organisational requirement from that perticular individuals.
Give monetory & non monetory awards.
Kindly find the following points in order to retain employees:-
1) Attractive Salary & Perks
2) Status (Managerial Position/Privileged Treatment)
3) Offer Flexible Duty Hours
4) Recognition
5) Provide Motivation
6) Create a Learning Environment
7) Effective Leadership
I think only two is important monetary benefit & Esteem to employee
Regards,
Reema
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Its is very abstract subject and depends sector / Company / Job profile . So if you are a student you will have to scouring different forum and if you have work ex you will understand retention better. Remember attrition and retention is 2 different things.
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