Monthly Archives: November 2012

India Inc sees benefits of Employee Retention 1

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Organizations are accelerating their talent retention strategies, which experts believe would increase the stickiness of employees to their jobs for longer terms. The fact that retention is more cost effective than hiring is now being brought out strongly in research as well. Some statistics: The cost of replacing an employee ranges from 29% (non-management) to 46% (management) of the person’s annual salary. The new hiring cost that, on average, would

“What do employees look for in an Organisation” 1

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I ran a survey on “WHAT DO EMPLOYEES LOOK FOR IN AN ORGANISATION” on the blog and I would first like to thank each of you for taking time out and participating in it. The final results are: A great team to work with – 84% A nice compensation package – 16% A big brand (products, services, image) – 0% A great office (location, interiors, facilities – 0% I must

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