D.

Impact on Employee Retention and Job Satisfaction

First define the 3 Main Ideas
 Employee Retention
 Job Satisfaction
 CSR
(This information can use in creating ppt)

What is Employee Retention?

Employee retention is the organizational goal of retaining skilled individuals and lowering
turnover by building a favorable work environment to boost engagement, expressing
appreciation to employees, providing competitive compensation and benefits, and promoting a
healthy work-life balance.
Possible supporting explanation: Consider how much time, effort, and money goes into training
a new employee. Productivity will be slowed as existing employees assist the newest member of
the team. There is a risk of losing resources and money as a result of any mistakes made by new
personnel. Consider going through all of that for nothing if the employee departs after only a
month on the job.
What is Job Satisfaction?
Job satisfaction, also known as employee satisfaction, is a measure of a worker's contentment
with their job, whether they like the job or specific parts or facets of the job, such as the nature of
the work or supervision.
If the employee is satisfied to their Job;
 Lower Turnover - Turnover is one of the most expensive charges experienced by the
HR department. Retaining employees improves the working atmosphere, makes it
simpler to hire superior personnel, and saves money. The bottom line is that satisfied
employees are far less likely to depart.
 Increased Profits – Of course all the company has the perspective increasing the profit
and the company that we choose is not an exception. Keeping employees safe and happy
can lead to more sales, cheaper costs, and a healthier bottom line.
What is CSR?
Corporate social responsibility (often abbreviated as CSR) refers to a company's efforts to
improve society in some way.
Possible supporting explanation: Corporate social responsibility (CSR) refers to how a firm
contributes to or enhances the community. Organizations can demonstrate CSR in a variety of
ways, including charitable donations, staff volunteering, environmentally conscious
manufacturing methods, ethical labor practices, and more.

What are the Impact of CSR Impact on Employee Retention and Job Satisfaction?
Employees who participate in socially responsible activities likely to perform better. When it
comes to engaging executives and team members, good CSR programs have been shown to be
more cost efficient than training and conferences.
 Loyalty - When employees believe their employer has their best interests at heart, they
are more likely to support the company's mission and work hard to help it reach its goals.
Furthermore, they may be more likely to inform their friends, which aids in the spread of
goodwill.
 Employees tend to perform better when they engage in socially responsible activities.
 Higher Productivity - Employees that are satisfied with their jobs are more
productive.
 Increased Profits - Keeping employees safe and happy can lead to more sales,
cheaper costs, and a healthier bottom line.