GenPack Case Study

Presented by
Andrew Hicken Ankita Singh Jeeta Khanna Satyajeet Kumar
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Possible Causes of Turnover

Lack of Job Satisfaction No Recognition Lack of Family Time / Shortage of Rest No scope or future prospects

Right People at Wrong Time

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4 Steps to Reduce Turnover

Examine whether compensation system matches with the market or not? Employees Happiness & Engagement Rewards & Recognition Say thanks to your good employees Never underestimate the impact and value of the career development aspects of the Performance Development Planning
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Compensation System
Offer an attractive & comprehensive benefits package
Life insurance, health benefits, PF etc.

Employees Engagement
People want to enjoy their work. Make work fun. Enable employees to balance work and life. Allow flexible starting times, core business hours and flexible ending times. (Yes, his son's soccer game is as important as work.) Fulfill your employees basic needs.

Rewards & Recognition

Say thanks to your good employees.
Recognize excellent performance

Involve employees in decision making.

Involve them in the discussion about company vision, mission, values, and goals.

Continued..
Provide the opportunity for career and personal growth Training and Education Challenging assignments

More responsibility
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Forming Problem Solving Team

Identify the affected areas Recruit random employees as grievance officers Depute from ground staff (operations) for the job

Work of the Problem Solving Team

Identification of the root problems
Census survey One to One Interaction Group Conversation

Check whether the current system is up to date with other organizations Check what are the reasons that can be eradicated Take necessary actions Continuous monitoring of the effects
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