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Formulating employee retention plans and policy - how to approach the retention problem?
I am currently employed with a tech startup and have to put in place a retention plan for the company. the employee strength is approx 250 and spread across 6 major departments and 3 locations. need help on how to approach the retention problem key talent identification and initiate formulating a retention plan.
Employee engagement & retention
Hi i am working in pharmaceuticals. we are facing a problem of employee retention & engagement. often the high performing people are getting the offers from competitors with double hike in the salary. some of them looking for the banking sectors. we are trying to give good atmosphere but still this problem is there. what we should do to stop this. your suggetions please. regards deepak
Old employees retention problem
Hi all .. i am facing old employees retention problem in my organization ...whenever i hire any new employees and if i take them at more salary than the salary of the old employees ...what happens in the bargain ..the old employees resign ..last week i got three resignations ..and how much ever the salary factors are confidential i dent know how they come to know ..also i tell the old employees that salary depends on the market value and since you were hired before the salary range was less ..but it doesn t work out .. also to retain them i have given them a reasonable hike in their salaries too but still this problem is increasing and because of this i am afraid to take new employees on a higher salary scale which i am forced to take because now the market value has increased .. please hr experts give your suggestions as to what shall i do in this dilemma... regards roop.
Employee retention
Hi guyz.. this is vineet even i am doing project in 'employee retention' in manufacturing company i "ll let u knw all if i get any thing regarding retention im having some articles on retention i would definetely like to help u out n hope d same 4m ur side..plz contact me.. 9823539267 ..
Attrition vs retention of staff in highly competitive environment
Dear all i am working in a ca firm and facing employee attrition problem. i am focusing on retention policy and trying to find out how to retain them. and i do have good ideas as well on retention. but the real problem is there is lot of competition in the industrty so attrition is high. my boss hires employee only on the basis of their technical skills not on the basis of hr round because he knows all the future client and assignments and if person is having the knowledge in particular area which can be fruitful for our project than he does not bother other points. later such employees create problem that if they get good offer some other company than they leave us. and there is no reference check system in the industry because of competition so we cant check through ref check system. properly even if any one is leaving us than noone goes through backgroung check system with us.so they dont have any threat that they wouldnot get any job anywhere and they fake their experience. and if i plan about the retention of the staff which i am going to hire than i can make recruitment process robust and through proper hr round and induction and counselling i could mold their mind and minimize attrition. but what to do about those who are presently working with us we are facing problem in retaining them. if any one dohave depth knowledge in this field and any suggestion please guide me. its very urgent and important for me.
Retention strategy
Hi friends retention is one of the major point of discussion in the corporate sector. retaining employees especially the workhorses and stars are important in today s aspect. i am posting a small write up on effective personnel retention strategy. hope the post will help those who have query about retention strategies. regards anuradha