Here is a good blog post on employee retention.
One of my friends consulted me about switching his job. I was aware that his current employment situation was quite good, so I was puzzled as to why he wanted to make a change. He mentioned that he was not satisfied with his compensation. When I inquired about his salary, I discovered that he was actually being paid above the industry standard. Upon further discussion, it became clear that his issue was not with his salary but rather with his excessive spending habits that were beyond his means.
We engaged in a debate about whether there could ever be a truly satisfactory salary. Based on my previous research, I have found that employees across all salary ranges often express dissatisfaction and desire more. A significant portion of employees fall into the trap of consumerism and poor personal financial planning, leading them to live beyond their financial capabilities. As a result, they frequently complain about low salaries, exhibit lower job productivity, and tend to switch jobs frequently.
Read more on how financial planning training can help with employee retention: [Financial Planning for Employees](http://graspemarketing.com/mass-comm/financial-planning-for-employees/)
Please read and share your comments. Can we enhance employee retention through employee training?
From India, Delhi
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4One of my friends consulted me about switching his job. I was aware that his current employment situation was quite good, so I was puzzled as to why he wanted to make a change. He mentioned that he was not satisfied with his compensation. When I inquired about his salary, I discovered that he was actually being paid above the industry standard. Upon further discussion, it became clear that his issue was not with his salary but rather with his excessive spending habits that were beyond his means.
We engaged in a debate about whether there could ever be a truly satisfactory salary. Based on my previous research, I have found that employees across all salary ranges often express dissatisfaction and desire more. A significant portion of employees fall into the trap of consumerism and poor personal financial planning, leading them to live beyond their financial capabilities. As a result, they frequently complain about low salaries, exhibit lower job productivity, and tend to switch jobs frequently.
Read more on how financial planning training can help with employee retention: [Financial Planning for Employees](http://graspemarketing.com/mass-comm/financial-planning-for-employees/)
Please read and share your comments. Can we enhance employee retention through employee training?
From India, Delhi
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In India, training does not play a significant role in curbing attrition. Even freshers are more interested in the pay structure than in gaining experience. We are currently facing challenges in retaining our talent pool.
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From India, Lucknow
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From India, Lucknow
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Employee-retent ion-plan_1__185 .pdf
Intro to Employee Training & Development - PPT.ppt