It’s not difficult to deal with employee attrition if you handle your employees well
Advertisement
Advertisement
Be it "This has been one of the most significant interventions in the past four years that has facilitated the retention of women employees in the bank," Anuranjita Kumar, chief HR officer at Citi South Asia, told ET.
The most important benefit that a company can expect from such policies is the control that they can have over
Also read: Infosys relaunches employee stock option plan to control rising attrition rate
The Lemon Tree Hotel Company, on a different note, started hiring people with disabilities (PwDs) as their regular employees, to make the environment more open and inclusive. While early stages saw such employees being hired only in back-end roles, with time, they were trained to be employees with disabilities (EwDs) and now handle several areas equally well as other employees.
Advertisement
"Today, many of our guests are surprised and happy to be served by EwDs at our hotels and feel they too are contributing to nation-building. We get a lot of feedback about the excellent service provided by EwDs from the guest satisfaction tracking system and TripAdvisor," said Aradhana Lal, VP (Sustainability Initiatives) at Lemon Tree.
Also read: IT firms are trying to avoid attrition by investing big in predictive algorithms
What these chnages tell us is that hitting the right chord with the employees is the key step towards ensuring a long-term association with them, which would not only benefit them, but would also save these companies time, money and efforts in finding, procuring, and training new talent all over again.
Image source
Advertisement
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market