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

Get Empowered With Critical Leadership Skills That Drive Change →
Promoted: XLRI Leadership & Change Management
KK!HR
1104

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

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply →






About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHRô

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server