Hi Everyone, I am in an IT company, and we want to design a policy for employees who join as freshers, including any kind of bond. The reason is that most people join as freshers, we train them, they learn things here, and after a year, they leave the job. The reasons they give are either for further study or financial growth, etc.
Policy Design for Freshers
Please help me with designing such a policy.
Thanks,
Anvi
From India, Ahmadabad
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Policy Design for Freshers
Please help me with designing such a policy.
Thanks,
Anvi
From India, Ahmadabad
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Even we face the same problem, and most companies do too. So, we came up with a 2-year bond, and at the time of joining, they must submit their original academic credentials. We have just started with these bond arrangements. Let's hope for the best results.
Regards,
From India, Hyderabad
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18Regards,
From India, Hyderabad
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Lots of organizations are facing this type of problem. I would like to suggest that you should make a policy for hiring fresher candidates. However, if there are bonds involved, good candidates may not be willing to commit to a long-term bond. Please consider creating a policy that is beneficial for both employers and employees.
Points to Focus on for New Hires
Please focus on the following points that affect new hires:
1) Probation Period & confirmation
2) Office Timing
3) Organizational Culture
4) Performance Appraisal Policy
5) Contract Agreement
For more details, you can get in touch.
Regards,
Hardik
From India, Ahmadabad
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Points to Focus on for New Hires
Please focus on the following points that affect new hires:
1) Probation Period & confirmation
2) Office Timing
3) Organizational Culture
4) Performance Appraisal Policy
5) Contract Agreement
For more details, you can get in touch.
Regards,
Hardik
From India, Ahmadabad
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If you enforce the bond, you will likely lose the good candidate. The problem here lies in training:
1. While training, you should provide them with a positive environment.
2. Treat them fairly.
3. Mistakes are inevitable; correct them gently.
Another reason is that a good candidate will always seek better opportunities. Conduct psychological tests to understand their mindset and attempt to influence it positively.
Offer slightly higher pay than the market rate. This way, if they consider other job offers, during salary negotiations, they can say, "This is my current CTC," potentially leading the new company to reject them.
Thank you.
From India, Madras
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1. While training, you should provide them with a positive environment.
2. Treat them fairly.
3. Mistakes are inevitable; correct them gently.
Another reason is that a good candidate will always seek better opportunities. Conduct psychological tests to understand their mindset and attempt to influence it positively.
Offer slightly higher pay than the market rate. This way, if they consider other job offers, during salary negotiations, they can say, "This is my current CTC," potentially leading the new company to reject them.
Thank you.
From India, Madras
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Effective employee retention strategies-BPO. doc