Employee retention(situation) Dear Friends, I am working as an HR generalist in an MNC company...... here till the year end everything was going very well, but suddenly my MD decided to replace the general manager - finance who was not performing well. His decision was correct , but the way of replacement was not. One fine morning we had a new GM joining as Finance head & a message from MD that the old GM has been replaced. Though the old Gm was given the opportunity to suffice the notice period of the company but it was a shocking news to all staff... due to this the job security & the morale of the employees have gone down adding to this our last years increment was just fair not up to the mark. I don’t understand as to how to retain the employees now. They are putting down papers one by one. Can you suggest some options that can help me retain the same confidence as they had earlier in the company. Also, please suggest few ways of Employee Retention programme.
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Regards,
Sonia. |