Fast & Easy way for you to find the Global Price Trends - Subscribe to Market Watch Report ICAHT 2009 - 5th International Conference on Apparel & Home Textiles
   Home >  Articles >

An employee's expectations are less on financial fronts, but more towards how he's treated and how he is valued. Much of this depends directly on the immediate supervisor. If organization is losing good people, then their immediate supervisor are to be analyzed. More than any other significant reasons, they are the reason people stay and thrive in an organization. "People leave managers not companies"

The first time, an employee may not quit because the associate shows a degree of tolerance, but a thought of quitting the organization has been planted by the associate. The second time, the thought gets more strengthened and the associate starts evaluating his/her market value. And by The third time, he starts looking for other job opportunities as he/she is very firm on quitting the current organization.

Analysis reveals that the employees leave because they have been pulled away by "more pay" or "better opportunity." Yet, more than 80 percent of employees leave because of the "push" factors related to poor management practices or toxic cultures that drove them out.

How to prevent it

The basic step of employee retention is �employee satisfaction�, as they are no longer employees, but are Internal Customers to the organization. A strong association exists between employee retention and the quality of service delivered by the Organizations.

If an employee feels sidelined or not getting due respect/returns, discord is unavoidable.

Loss Analysis

Cost involved in losing a talented employee.

1) There�s the cost involved in finding a replacement.
2) There is cost of training the replacement.
3) There is cost of not having someone to do the job in the meantime.
4) The loss of hold the person have on the workflow and processes
5) The loss of morale in co-workers.
6) The loss of trade secrets this person may now share with others.
7) A person leaving an organization becomes its brand ambassador, for better or for worse

What employees want?

A universal truth �every human being needs to be valued� and same to the employees. Whether it is an employee or a friend or a family member, when a contribution is made, recognition is what one seeks. When an employee is contributing his/her nine hours a day to the organization, he has some expectation that succeed the salary cheque at the end of the month. He wants to be getting acknowledged that �he matters and makes a difference�.

Also the financial component too plays a major role because at the end of the day if that's not there then he feels that he has not been really been recognized for his worth?

1 2 3

Post your comments
Article Category
  Textile
  Technology
  Industry
  Apparel
  General
  Fashion
  Retail
  Technical Textiles
  Leather, Footwear & Jewellery
  Software
  Dyes & Chemicals
  Handloom and Handicraft
  Machinery

Submit Your Article
Contributor's Profile
Contributor's Login
Subscribe for Newsletter
RSS Feeds
Disclaimer
Find Buyer/Seller of:
Find Used Machinery Buyer/Seller:

Latest Articles
'Fashion under the Umbrella' Monsoon Trends  
Geographical Indications in Indian Handloom Sector  
A Magical Marketplace and Fashion Incubator: 'Magic Online'  
New Marketing Rules: Ready or Not?  
Asians Worry about Money, But Still Indulge in Luxuries  
Can India outshine China in the Global fabric market
Do stripes create an optical illusion effect on fabrics
Submit Articles about your products and services - Get them published as Featured Articles
Most Downloaded Articles
The EU-27 Textile & Clothing Industry in the Year ...
Continuous Dyeing-S.D.C. ...
Natural Fibres and their Technical ...
Thermo-regulated Fibres-Concept and ...
Study on the Comprehensive Role of Exporters and Buyers in the ...
Disclaimer |  Enquiry |  Sitemap |  Our Services |  Feedback / Comments |  Internet Rank
Copyright © 2009 .
All rights reserved by
Sanblue Enterprises Pvt. Ltd.
For best view:
Use Internet Explorer 5.0+,
Screen resolution 1024 x 768