Anonymous
Employee A, has been associated with company ABC for the last 8 years. The employee has been working as a Team Lead and MIS taking care of 5 major projects in ABC. During his tenure with ABC, the employee has received multiple accolades from the client and HOD. Due to monotony with his current designation and work, the employee decides to leave and opt for a better opportunity. During the retention discussion, the employee agrees to continue provided he/she is given a promotion as Asst. Manager and a 30% hike to the current CTC.

As an HR how to draft a retention plan keeping the scenario in mind that currently under economic recession and have been laying off people. However, employee A is an important resource to your organization, and the client demands employee A to continue.

How would you retain him without providing a salary hike and promotion?

From India, Bengaluru
KK!HR
1531

I hope this is not an assignment given in one of the business schools.
Anyhow, the answer lies in the case itself. He/She is finding the job monotonous and the designation dull. So make it exciting, Job enlargement/Job enrichment could be thought of. Sometimes the villain could be job environment itself. I know personally a case where one of the very good employees started misbehaving as he was the only telex operator (happened in mid 1980's) and was confined to 6' X 4' room, all by himself. Understanding his difficulty, his seat was shifted to the common hall and the whole problem solved by itself.
So the real factors have to be identified and has to be dealt with to bring satisfaction.

From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR

All Copyright And Trademarks in Posts Held By Respective Owners.