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Retention and performance management

Teacher: Oliver Dinh (1 )
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Description

There are certain pressing concerns that will always be weighing heavily on the mind of an HR professional, the chief among these being engagement and retention. One certainly feeds into the other, as dissatisfied employees who don’t feel engaged with the organisation will naturally feel more compelled to leave in favour of a company that perpetuates a more supportive, encouraging atmosphere.

Employees leave their organisations for a multitude of reasons, many of which are beyond your control. There are, however, certain aspects that an effective performance management system can regulate, including poor communication, unrealistic workloads, unclear expectations, lack of recognition or limited opportunities for progression. All of these elements will impact employee engagement and, as a result, employee retention. If you are still not sold, consider the costs to the company.

Curriculum

There are certain pressing concerns that will always be weighing heavily on the mind of an HR professional, the chief among these being engagement and retention. One certainly feeds into the other, as dissatisfied employees who don’t feel engaged with the organisation will naturally feel more compelled to leave in favour of a company that perpetuates a more supportive, encouraging atmosphere.

Employees leave their organisations for a multitude of reasons, many of which are beyond your control. There are, however, certain aspects that an effective performance management system can regulate, including poor communication, unrealistic workloads, unclear expectations, lack of recognition or limited opportunities for progression. All of these elements will impact employee engagement and, as a result, employee retention. If you are still not sold, consider the costs to the company.