Employee Retention Challenges: How Can We Tackle Them Together?

Hi Friends,

I am working on a project about employee retention. Could you please help me with this topic? Thank you, everyone.

With gratitude,
Lavanya.

Hi Lavanya,

The topic you have selected, Retention of employees, is a good topic where you can explore more and help the management and also the employees in the company. You will prefer to do the project. You can prepare a questionnaire with 20 questions for employees and get feedback from them. Based on the results, you can consider the major points which, according to employees, are important for retention. Based on that, you can suggest to the company management to consider those points for their employees to retain. By doing this, you will provide valuable suggestions to the company, and you will complete the project.

Hi Radhika,

Thanks a lot for the valuable suggestion, but is it necessary to look into exit interviews to know about the reasons for employees leaving the organization? What kind of variables can be used in the questionnaire to understand the standpoint of the employees who are leaving the organization?

Thanks in advance,
Lavanya.

Hi dear friend,

You chose a very nice topic because nowadays in an IT company, retention is crucial. You can gather more data about retention. If you are working on a project for a large-scale company or industry, you could consider looking into exit interviews. I have some questions about employee retention that I am attaching here.

First, let us know if you are currently working or pursuing your education.

Before starting the project, it is important to understand the purpose of the project. Is it related to attrition or for another reason? Additionally, please specify the industry in which the project will be carried out.

Senthil Kumar

Hi Senthil,

I am currently pursuing my MBA and have been tasked with completing a final project. Upon consulting my guide, it was revealed that the company's attrition rate is below industry standards. Consequently, my project topic was revised.

I am now required to focus on mentoring within the company. There has been no prior analysis conducted on this topic, and I have been tasked with developing a formal mentoring program that aligns with the organization's needs.

Any insights you can provide on this matter would be greatly appreciated.

Thank you,
Lavanya