Employee retention plan is the strategy to retain the employee with the organizations by providing various monetary or non-monetary benifits. You just need to formulate the various employee retention plans and follow them accordingly. As employee retention strategy organisations provide ESOPs, Mediclaim benefits, retiral benefits, Children education benefits, accommodation benefits, free meal facility, pick and drop facilities, various recreational facilities at work, holiday packages ets etc. There is endless list.....
7th August 2007 From India, Delhi
7th August 2007 From India, Coimbatore
>Could you kindly let me know any one what is emp retention plan? Are there any steps / or process to do this?<
Unless we start the process before job offers are made we will be waging a hard to win battle. We need to hire for talent.
8th August 2007 From United States, Chelsea