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Topic : Holding jobs and employees
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Activity:  5 comments  162 views  last activity : 05 29 2011 09:59:47 +0000
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The critical issue is about talent retention at a time when employers have very little resources to offer. Nevertheless professional managers have outlined the following steps in order to tackle the problem with the most logical solution.

  • Determining the general needs of employees--management experts give advice that money is not always the main issue . Some passive candidates who have been interviewed cite lack of respect and fair-dealing by their immediate superiors.
  • Work-life balance--wherein employees have suddenly realized that no amount of monetary compensation can provide the answer to their familial problems , particularly in raising their children . As they were forced to face life with less financial resources ,they were also confronted with the root cause of their unhappiness. Most parents are worried about their children's future and lack of interest in education , and are now seeking work that will allow them to spend more time with their children  even at the same pay they are currently receiving.
  • Doubts over the employer's extent of commitment--employees are now wary of going through the same uncertainty of employment .Since there are now job offers for a more stable source of income ,employees want to strike when the iron is hot , so to speak. Their present employers are still in precarious conditions of trying to recover ,hence their current jobs are still regarded as unstable.
  • Lack of job satisfaction--or the need to find job alternatives that provide more challenges or growth as a professional , or as a creative talent. 

 
5 comments on "Employee Retention After a Recession."
  Commented by  Yaqoob, HR & Admin Manager , Al Mansoor international    | 05 29 2011 09:59:47 +0000
i think it better to listen to them and understand thier need which sure will help to retian then at company
  Commented by  Raghavendra, Managing Director, GLOBAL HR Consultants (www.dipsons.com)    | 05 28 2011 08:36:58 +0000
best solution would be to make Y-Gen policies... 
  Commented by  J R Mohan, Director (HR), Galgotias Educational Institutions    | 05 24 2011 06:26:57 +0000
Employee retention after recession should not be an issue with the companies who dealt with their employees with understanding and humanely during recession.Employees of such companies will always retain their emotional bond with company. However companies who did not treat their employees with understanding may find employee retention difficult when the recession is over and the employment market buoyant.
  Commented by  Thomas Parathara Thomas, Mgr. Operations, Ideal services    | 05 23 2011 13:06:35 +0000
maximum hours of work with minimum pay was the thum rule during great dpression in America. Can we afford that ? NO, Then what is the solution.. is committed employees ...Peel off thick skin and fat.

Thomas Parathara Manimala
  Commented by  NATTERAJA R. ARIKRISHNAN, AREA SALES MANGER, UNIFLEX CABLES LTD    | 05 13 2011 18:04:22 +0000
Good one Mr.Jayanta Kumar.
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