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In a competitive market environment, talented employees are valuable assets. These employees in turn, are trying to make the best of their career opportunities. Therefore, an organization that shows concern for the employees’ future by providing them the best opportunities can attract and retain talented people.
Employees seek jobs that are compatible with personal and family interests and commitments. A comprehensive planning exercise by the organization ensures growth opportunities for all the employees. Career development results in lower employee turnover by matching individual aspirations with organizational needs. A good career development program can help in handling the expectations of the employees, thereby reducing frustration levels. Career counselling also helps employees set more realistic and achievable goals for themselves.
Work place is the second home for the employees. By keeping it safe, clean and engaging will make employee motivated towards achieving Organizational goal.
- Providing learning opportunity is one thing which retain employees. This can be work related or academic related, like sponsoring some distance education programs.
- Introducing fun element at work. Fun at work normally happens twice a month which creates interaction between employees and HRs. This will break the communication barriers between employees and the management.
- Providing opportunities for the employees to grow in the Organization like establishing a proper Career ladder.
- Proper feedback and promotions to the deserving candidates.
- And last but not the least, proper monetary benefits. This includes right salary for the job and other benefits like incentives, food coupons, discount vouchers etc.
