Innovative Strategies to tackle high attrition

By : Preeti Markan  Added : 15 Oct 2007  Hits : 67

The high attrition rates and soaring salaries, in the BPO industry in India are forcing organizations to think innovatively. As the saying goes, Necessity is the mother of invention, companies are using creative thinking to come up with new ideas of attracting, training and retaining talent.

Useful Tips to Improve Employee Retention in Your Organization

By : Chris Young  Added : 15 Oct 2007  Hits : 57

The importance of retaining top organizational talent cannot be understated. With the massive baby boomer cohort just starting to approach retirement age, more and more jobs are going to become available in the near future. What this means for employees is that it is now easier than ever leave one's current position to find greener pastures elsewhere.

How to Reduce Employee Turnover

By : WikiHow  Added : 15 Oct 2007  Hits : 117

If you want to have an effective hiring campaign, you have to think long term. When hiring new employees, it can be difficult to consider how they will benefit your organization for the long haul. Fortunately, there are a variety of ways to make sure you pick the right employees who will stay with your company. The following are instructions on how to prevent quick employee turn-around.

Why Employee Satisfaction Surveys and Employee Exit Surveys make good sense

By : MARTIN DAY  Added : 15 Oct 2007  Hits : 40

Used regularly online surveys represent a simple and productive method of taking the pulse of an organisation and an easy way to establish a two way communication channel between employer and employee with the results providing management with vital, accurate and significant information.

Why Are Your Employees Leaving? Exit Interviews Reveal the Truth Behind Employee Turnover

By : SHARON TERRY  Added : 15 Oct 2007  Hits : 54

“I received a better offer.” How many times have you heard this phrase? When pressed for a reason, many employees say that they are leaving their job for a larger paycheck. While compensation most likely figures into the decision, dollars are typically not the only reason an employee will terminate their relationship with an employer. Oftentimes, employees leave due to a lack of professional development, dissatisfaction with supervisors or co-workers, or lack of career advancement.

TURNING AROUND TURNOVER

By : Bob Losyk  Added : 15 Oct 2007  Hits : 48

Here is a fact that many employer’s don’t realize: there are only 44 million members of Generation X (ages 13 to 31) compared to 78 million Baby Boomers. The scary truth is that in the future, you, as an employer, will not be able to match your job requirements to the qualifications of the people available. If there are less workers, that automatically means that there will be less qualified ones. As the competition for the same workers heats up, preventing turnover will become your biggest priority.

Employee Retention: When Is Your Next Key Employee Going To Leave And What Are you Doing About It

By : LES MCKEOWN  Added : 15 Oct 2007  Hits : 51

If you and your managers are doing your job right, you will be having regular 'one-on-one's with your key performers, part of which will cover their general job satisfaction and overall 'engagement' with the organization. Sometimes however...

Reducing employee Turnover In Hospitality

By : VENUGOPAL NAIDU  Added : 15 Oct 2007  Hits : 45

An organization is as good as its people, and nobody can deny the fact that manpower is the greatest asset of a company. Moreover high attrition rates incur major costs to the company including recruiting expenses, training expenses, unemployment insurance and guest service of a quality less than one has been striving for.

Focus on Employee Satisfaction

By : INFOSURV EDITORIAL TEAM  Added : 15 Oct 2007  Hits : 47

By reducing the costs associated with employee attrition and increasing customer loyalty through improved employee moral companies can greatly improve their bottom line.

Employee Turnover - A Tough Challenge for Small Business

By : Vikas Garg  Added : 15 Oct 2007  Hits : 44

At times when large firms in the IT and retail industry are feeling the pinch of employee attrition rates as high as 40%, for small firms with limited budgets and increasing competition(read lowering profit margins), high employee turnover coupled with high costs of recruitment and training can sound the death knell.

Managing Attrition through raising Employee Self-Esteem

By : Indronil Bose  Added : 15 Oct 2007  Hits : 62

Of-late driving the “new-economy” organizations in a frenzy , is the growing malaise of the “rate of employee turnover” ,which I felt can be correlated to the presence of low self esteem . It thus becomes worthwhile to have a deep look on this concept and its implications in both individual and corporate contexts .

I am all for simplyrefcheck

By : Mukesh Kapur, Softlogics  Added : 15 Oct 2007  Hits : 44

You are a start-up/ small or mid-sized IT or ITES firm in India. Between business development, client interactions, design and development work, you find yourself juggling often between creating a balance between the ever zooming staff salaries and the ever competitive client earnings.

Employee Turnover - What is Poor Employee Retention Costing You?

By : Chris Young  Added : 15 Oct 2007  Hits : 150

Employee turnover is unavoidable. It is a fact of business life as are its associated costs. Or is it? The costs of employee turnover can be staggering, ranging anywhere from 1/2 to 5 times an employee's annual wages dependant upon his or her position. It is neither possible, nor desirable to completely eliminate turnover from your organization. Some of the costs associated with employee turnover are unavoidable and must be expected to occur in the normal course of business. BUT NOT ALL THE COSTS!!! You can do something about these turnover costs…