Hi All, I definitely am part of the retention bonus scheme.The thought of retention bonus is very good but makes me wonder what is achieved in the end. I was just keen to drill a bit further. Assuming by having a provision or a guarantee for a retention bonus, an employee would want to stay back but the very intention for HR is to retain the person as well as to make the person productive on a long run and not to break even in terms of the recruitment cost. From a different context, in the end, an employee could still stay back and get the retention bonus and could be an average or less than average performer when appraised annually and gaining experience on the CV for a better chance elsewhere. In such a case wouldn't it be better to avoid the retention bonus?
Your insights on this is appreciated.
Regards,
Balaji
Your insights on this is appreciated.
Regards,
Balaji