IS EMPLOYEE SATISFACTION RELATED TO ATTRITION

Human Resources » Attrition and Retention

	Message From: shaankp	Total Posts: 5	Join Date: 28/04/2009
Rank: Beginner	Post Date: 25/03/2010 13:39:54	Points: 25	Location: India

Hi All,

I am doing a project on Attrition and Retention, How fare will it be to say employee satisfaction is one of the key factor in Attrition and Retention.

Pls comment on this.

Thanks,

Shaan

	Message From: Priyanka Ranjan	Total Posts: 2	Join Date: 28/04/2009
Rank: Beginner	Post Date: 26/03/2010 06:25:07	Points: 10	Location: India

Weel employee satisfaction plays a key role in attrition and retention. There can be several triggers to emp satisfaction such as:

Job profile, enlargement, rotation

Job location

Compensation

Work Life balance

Healthy atomosphere at work etc

These factors ogether contribute a great deal and helps creating a mutual bond between employee and the Organization.

Rgds,

Priyanka

	Message From: Vijayp	Total Posts: 10	Join Date: 28/04/2009
Rank: Beginner	Post Date: 27/03/2010 03:26:00	Points: 50	Location: India

Employee satisfaction is a broad term to use in case of attrition and retention. There are various aspects which contribute to attrition and retention. Broadly you can categorize them into “internal” and “external” factors. The external factors which contribute to attrition and retention are a) Market Trends, b) Social changes, c) Political scenario, d) Climatic/environmental issues, which basically trigger the comfort and mindset of employees. Also the e) family/social status changes and social responsibilities of individuals contribute to attrition and retention. The internal factors which contribute to the above aspects are; a) retention policy b) compensation, c) employee engagement, d) work environment, e) employee welfare, f) recognition and rewards, g) career path and development, g) learning curve, h) work culture, i) retirement/exit policy etc. You may attach the employee satisfaction with the internal factors mostly. Also you may also add that if attrition is zero then there is not much happening in the organization with regards to development and growth. Vijay Paidipalli Eira

	Message From: vikas_mishra	Total Posts: 3	Join Date: 28/04/2009
Rank: Beginner	Post Date: 27/03/2010 18:04:02	Points: 15	Location: India

Yah of course ,

Its a basic thing if i m not satssfied with my job i will search some where els, satisfaction level may be diferent for person to person but when it reach at the top definatly people will leave the organisation.

Vikas

	Message From: percentsys	Total Posts: 2	Join Date: 28/04/2009
Rank: Beginner	Post Date: 03/04/2010 09:08:58	Points: 10	Location: India

Hi,

As mentioned by others, Employee Satisfaction has a direct impact on increased turnover. The ways for increased employee satisfaction have also been discussed. It is a must for today's organisations to build and nurture a culture that best satisfies the employees. Happy Employees result in Happy Customers and thereby resulting in the success of a organisation.

Ravindra.

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