How Do IT Companies in India Use Retention Bonuses to Keep Key Employees?

Hi,

We are exploring options for introducing a retention bonus framework to retain key employees. My company is in the IT services sector, with around 200+ employees in India.

Any insights on the prevailing practices in the industry regarding this matter would be highly welcome and greatly appreciated. I would greatly appreciate your prompt response.

Thanks,
Snoopypryer

Hi,

We too are planning a retention bonus for our employees. In fact, even I was planning to solicit some suggestions through my post on Cite HR. My company is in wines & spirits.

Please find the plan I have designed for my company attached.

Do let me know if you have any suggestions or would like to share your plan with me.

Regards,
Smita

Oops, I missed the attachment in my last post.