What?

Retention is the stage in the employee journey where organizations work to keep their talents engaged and motivated, reducing the chances of losing them to competitors. The aim is to create an environment where employees feel valued, connected to the company's mission and purpose, and have opportunities to grow and develop professionally. 

​

Retention strategies can include employee skill development, growth opportunities, and providing a positive work culture. Regardless of the organizational culture and methods, active dialogue is an essential part of the development of the work community, and chatbots are a huge help in adding this dialogue. 

Why?

Retaining employees is critical for organizational success, as it leads to higher productivity and profitability. Replacing an employee is expensive and time-consuming, and often results in a loss of knowledge, relationships, and team dynamics. 

​

With chatbots employers can add meaningful and timely dialogue between managers/team leaders and workers too, for example: 

​

• Notice potential problems in the employee journey in time, so that the probability of offboarding decreases 

• Get improvement ideas and suggestions for, e.g., better working environments 

• Improve overall organizational well-being via data collected by chatbots  

• Understand how employees are feeling 

• Utilize HR-insights and personnel analytics in knowledge-based management. 

​

Moreover, high employee turnover has a negative impact on the morale of existing employees, leading to a decrease in productivity and engagement. With the help of chatbots, organizations can avoid all these unwanted behaviors.

How?

Chatbots play an essential role in retaining employees by providing a channel for feedback, support, and recognition. Chatbots can help identify employee sentiment, flagging potential issues of improvement that can be addressed before they escalate. This feedback is valuable in improving employee satisfaction and retention rates. 

​

Predictive analytics help to address the reasons for leaving before the person decides to leave. 

Overall, chatbots are cost-effective, agile, and seamlessly integrate with existing HR systems, making them a valuable tool for improving retention.