PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Denim Manufacturing Process
Management, Communication. Team Handling
Use factoHR and automate your HR processes
Mobile-first hire to retire HR and Payroll software that automates all HR operations and works as a catalysts for your organisational growth.
boss2966Please analyse the same with the outgoing members during the exit interview, find out the reason for attrition and try to rectify the drawbacks.
From India, Kumbakonam
rdpatel131. Make a habit of talking to employees in a formal as well as informal way to understand them and collect required information.
2. Collect formal feedback of the person leaving the job.
Based on all this information, draw conclusions and make actionable to attend it. As per company plolicy, prioratise actions.
It looks more theoritical but very effective and practive method.
Has your attrition rate increased? If you have a multi location based organisation, then compare the attrition rates location wise and over a period of time. Conduct a satisfaction survey.
Have you identified the grade of employees that have high attrition. You can target that grade specifically too.
Do an engagement survey. You will know whether the employees are actively engaged or disengaged. And you will also know the problem areas.
Introduce a mentoring system for fresh joiners, where seniors with suitable critical attributes are chosen as mentors.
Have a suggestion box set up and try and develop an environment where employees can drop in suggestions or complaints without fear.
Have informal gatherings once in a while.
Have a greviance redressal procedure established and educate the employees about it.
Have an effective training department, so that there is value addition.
Depending on your organisation, you can have many such initiatives. But all these work only if your pay scale if competitive. Else, do what may, employees will hop for better scales.
From India, Visakhapatnam
As a part of my internship, I need to collect attrition data of major IT companies for the first quarter of 2011 ie from Jan2011-Apr2011. Could someone please suggest a website where I can find this information for major IT companies?
From India, Bangalore