How Can We Retain Employees in the Non-IT Sector Without Breaking the Bank?

Hi all HR Networkers,

Greetings and great to meet you all. I am working on drafting a policy on Employee Retention Strategies with special emphasis on the NON-IT sector. Can anyone be kind enough to shed some light on these strategies? Please keep in mind that these strategies should not result in mind-boggling expenditure, which, in turn, will ultimately increase the manpower costs for any company. It should be something related to the attitude or psyche of an employee.

Awaiting responses.

Thanks,
PRADEEP

Hi Pradeep/Kamadana,

Can you please elaborate on which industry you are in? We need to have different strategies for different kinds of industries, although a few may be common. If you can specify your industry, I may be able to suggest a few things.

- Srinaren

Hi, I'm Paridhi Upadhyay, a student of MBA. I would like to know more about employee retention techniques for MNCs specifically. Can you provide some articles on that?