A Magic of

EMPLOYEE RETENTION

By
P.B.S. KUMAR
B.Sc,MA(PM),MA(ind.Eco.),MBA(HR),BGL,DLL,PGDIR&PM
MANAGER-HR
ARANI AGRO OIL INDUSTRIES LIMITED
(A Subsidiary unit of Premium Vegetable Oils Sdn.Bhd.,Malaysia)
Beach Road, KAKINADA-533 003
East Godavari , Andhra Pradesh, India
Pearls of thoughts for
Employee Retention

Grievances

Recreation
Personnel
Training
Attractive
Package
Growth
Opportunities
Employees
Retention
Growth Opportunities
Growth is everyones prime objective.
Therefore it is implicit to offer growth
opportunities.
The vital factor that ensures a majority of
senior level employees remain associated
with your organisation. This is more
crucial in an industry like BPO, which has
the highest churn rate because of the
prolonged boom in the industry.
Attractive Package
Remuneration package is the driving force
of any employment.
Handsome package as a platform for
people to take new initiatives.
Besides basic package, there can also be
performance-based incentives-relating to
targets achieved, accuracy and
productivity.
Personnel Training
An organisation should also take due care
of the training and development needs of
its employees.
Besides helping them improve their skills
and enhance their performance, it should
also foster a faster growth rate in their
career path.
Recreation
Recreation is an important as any other tool. It
helps in creating a conducive environment
making fun for everyone.
Thus, it is necessary to introduce consistent
recreation initiatives like Sports, Activities, family
get together and unwinding zones at the
workplaces
Besides this, cultural programmes and Birthday
celebrations break the monotony of everyday
work pressure.

The Grievances

In order to create a supportive work
atmosphere, ensure a prompt atmosphere,
ensure a prompt redressal of grievances. This
reinforces an employees belief in the
management and in the fact, that no stone will
be left unturned to identify and solve their
grievances and quickly as possible.

Contd..2page
The Grievances Page..2
The unbridled growth of the new economy, the
emergences of the knowledge worker and the high
demand for talent in the domestic and global markets
have rewritten the rules of the game.
Though hiring good employees is a nightmare, it is more
difficult to retaining good employees. The talent
management is the key area in every organisation worth
its HR department and CEOs are more worried about
intellectual capital than working capital. To add to the
problems are the huge packages being doled out at all
levels.