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Employee Retention Checklist

 

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Employee Retention Checklist Today employee turnover is a critical problem for many companies, especially for those suffering from a negative impact of crisis. For reducing employee turnover rate, managers can use this Employee Retention Checklist that covers tips and suggestions on better employee management.


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1. Employee Retention Practices.

  • Your employee retention project can be better managed and tracked by conducting special surveys and analyzing every facet of successful employee management. Consider the following aspects of employee retention practices when conducting your surveys: Overall satisfaction, Corporate culture, Supervisor relations, Training, Wages and benefits, Communications, and Socialization. Let’s review each of the aspects.
  • Overall satisfaction. Can you say that your employees are fully satisfied with the working environment existing in your company? Is there something that makes them be disappointed or dissatisfied? You need to investigate what your employees think about their workplaces and then try to determine the overall satisfaction.
  • Corporate culture. Can you say that the corporate code of your company lets your employees feel comfortable at their workplaces? How will unexpected and sudden changes in the corporate culture influence workers (positively or negatively)? You can use employee retention questionnaires to find out if your corporate culture is acceptable by most employees. Also make sure that it meets your company’s standards.
  • Supervisor relations. What do your workers think about their supervisors? Is there something that makes a negative background to supervisor relations? What can supervisors and team leaders suggest on improving employee retention programmes? You should investigate all these questions and also make sure that there is trustful and productive rapport between employees and their supervisors.
  • Training and development. Can you say that each worker shows expected performance and successfully performs all assigned tasks on schedule? Is there a need for employee training and coaching? You can talk to supervisors and team leaders to answer these questions and find out if training is necessary for including in your employee retention plan.
  • Wages and benefits. Are your employees satisfied with their wages? Do you provide employment benefits? Remember that adjusting pay levels and benefits is one of the key employee retention techniques, so find out if there is an opportunity for increasing wage rates. Also remember about sufficient compensations and rewards for your employees.
  • Communications. Is there a good system for establishing productive communications between employees and senior management? Can workers collaborate with each other and share tasks? You can introduce team communication software in your working environment in order to allow employees and managers to work together and follow teamwork rules. Such software will increase employee retention rate and minimize turnover.
  • Socialization. Employee turnover rate is rather higher among new workers. Socialization practices (like shared and individualized learning experiences, formal and informal meetings, employee assimilation activities) can help new workers become embedded in your organization and therefore get more chances and reasons to stay.

2. Employee Retention Tips.

  • Consider employee retention factors that keep your workers motivated and happy at their workplace. Try to find out what makes your employees be motivated or demotivated. You can ask each employee to fill up a special questionnaire on job satisfaction.
  • Study the growth of every employee. It is important to keep track of every employee’s career development because you gain valuable information on employee retention policy trends. By investigating possible career paths you get important statistic data for formulating a better employee retention plan that covers advancement opportunities and employee promotions. As more development opportunities you provide as much satisfied your workers are.
  • Be ready to speak and listen to your employees. Communicating is one of the most important ...


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