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neelam14
as per the latest surey it was said that the atrtion rate has fal down so wat strategies wwere adopted fr dat? cn u hep me fr the same
From India, Thana
Bob Gately
45

A few things to consider about employee turnover or attrition.
  • Hiring managers who make bad hiring decisions suffer high turnover of new hires.

  • Managers who mismanage their direct reports suffer high turnover and absenteeism and absenteeism often precedes attrition.

  • Employers that underpay and abuse their employees suffer high turnover.
There is no way around it, to reduce attrition we need to change what managers do and/or how they do it.

The one step employers can take that will have an immediate impact is to start hiring and promoting for talent.

Very few managers know how to identify a job's talent requirements so they hire for competence, alma maters, degrees, etc.


Talent is unrelated to;
  • competence
  • alma maters
  • degrees
  • GPAs
  • resumes
  • work experience and
  • interviews.
Most hiring managers ignore talent and then complain that 1/3 to 2/3 of their direct reports are not as successful as they had hoped they would be. Their successful direct reports have a talent for their jobs but they were hired for other reasons, e.g., competence, alma maters, GPAs, resumes, work experience and interviews.

How do you define talent?

How do you measure talent?

How do you know a candidate’s talent?

How do you know what talent is required by each job?

How do you match a candidate’s talent to the talent demanded by the job to be filled?

Managers who hire for talent know the answer to each question.

If we are serious about reducing attrition, we must start before the job offer is made by assessing for talent.

From United States, Chelsea
Rajesh Ande
Hi buddy, It was a wonderful posting and its been very informative. Thank you so much for that. I would want to request you if you could also provide me with some information on :\"effectiveness of recruitment: and "retention ". you could mail me this to my personnal mail id at
From India, Hyderabad
ndonde
I just have one querry. Does this project should be taken for only IT or BPO industry? I am working in an manufacturing firm so am confused pls help.....
From India, Vadodara
dhannyawilson
3

Dear Deepak,
It is indeed a great work. When planning the attrittion managment in a company it would certianly help.The tool is practical.All the issues generally faced are covered and the strategy to manage them is also covered.Thanks for the input.
Thanks and regards
Dhannya

From India, Alappuzha
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