Employee Retention Insights
Employee retention is a company’s ability to retain its employees. Employee Exit Costs
of Annual Salary
33%
47%
87%
HRs say employee retention is a talent management challenge
HRs have employee retention attempts as a top priority
Reasons for Employee Exit
Active Disengagement
13%
Toxic Work Culture
28%
Lack of Good Managers
51%
Job Burnout
74%
Absence of Recognition
79%
What can Help? Improved Onboarding
Competitive Salary
Encourage Communication
Clear and Realistic Goals
Work-life Balance
Supportive Work Culture
What Employees Say? A good onboarding process 69%
Invested in career growth 94%
Improved retention
Stay longer in the company
Flexibility at work 54%
Highly engaged employee 87%
Better retention
Less likely to leave Clear idea of responsibilities 23% More likely to stay
About Pocket HRMS
HRMS
With more than 2 decades of experti se in providing HR soluti ons, Pocket HRMS is a leading HRMS software in India. Its core values are ensuring the best in customer service, cost effecti veness, and powerful module offerings. The latest update has incorporated an improved AI-based attendance system and an AI chatbot- smHRty, that can interact with employees to apply leaves, answer queries, and more.
www.pockethrms.com sales@pockethrms.com +1800-1024-951