Latest Employee Retention HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employee Retention.
The oil company, Shell is handing nearly all of its , staff a bonus equivalent to of their s...
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Today more companies focus on employee retention and engagement. It is important to note that a new ...
Policybazaar, India’s largest online insurance marketplace, recently concluded Season 2 of its award-winning employee engagement contest, Jeeto Apna Ghar (JAG). Launched last year, this contest gives Policybazaar’s top-performing insurance advisors an opportunity to win their own homes. A one-of-its-kind initiative, Jeeto Apna Ghar has not only helped Policybazaar overachieve yearly targets but has also helped […]
Popular global audio streaming service, Spotify Technology Chief Executive Officer Daniel Ek has informed the staff that the company will reduce its hiring by 25%. Daniel said, “Spotify would reduce hiring growth by 25%. The company would continue to still hire and grow, we are just going to slow that pace and be a bit […]
Software giant, Microsoft said it would be slowing down some of its hirings to become more cautious about adding staff. The company would be reducing the pace of hiring people for the software group that develops its Windows, Office, and Teams applications. If the company plans to expand its headcount, new hires for the software […]
India’s second-largest IT services provider, Infosys announces bumper salary hikes, promotions, and bonuses to its employees to deal with rising attrition. According to media reports, Banagluru-based- IT major plans to offer an average rise of 12-13 percent to its employees in India. The company also plans to give high-potential employees a hike up to 20-25 […]
Software giant, Microsoft Corporation CEO Satya Nadella said in a memo to staffers that the company is increasing compensation for its employees as the labor market tightens and employees contend with increasing inflation. Microsoft has planned to “nearly double” its budget for employee salary increment and boost the range of stock compensation to give some workers by […]
An IT firm based out of Madurai, Tamil Nadu has come up with a different retention plan. Sri Mookambika Infosolutions (SMI) offers a special appraisal scheme to its employees to help in finding a spouse. Attrition has become a rising issue and companies are making different strategies to retain employees. Women migrate due to marriage and men […]
The term “war for talent” comes from the title of the book written by Mckinsey’s Steven Hankin in 2001. With various turns in the economy, one has seen cyclic phases of war for talent and war for jobs However, this time around the entire cycle got shrunk. Covid 19 crisis and subsequent lockdown in March […]
IT professionals are more likely to leave their current roles than employees in other domains. Only 29.1 percent of IT workers have high intent to stay with their current employer globally, but this number is even much lower in Asia (19.6 percent), according to a new Gartner report. IT workers are extra inclined to stop […]
Credit Suisse is boosting cash payouts for senior bankers, it told employees on Friday, as it tries to retain top performers after a year of scandals saw its shares lose more than a quarter of their value. The bank, which has been hit by a string of scandals and losses, is increasing the cash portion […]
We were catching up after a long. My ex-colleague KP was on a brief visit to the city. The conversation turned to deciphering whether the Great Resignation was overhyped – 4 million people in the US quit jobs in April 2021 – including ones who were ‘stuck’ in toxic jobs prior to the Covid crisis? […]
Saurabh Deep Singla, Executive Vice President and Chief Human Resource Officer (CHRO) for Ecom Express Private Limited, a technology-enabled end-to-end logistics solutions provider to the e-commerce industry. He is responsible for preserving the Company’s unique culture of positive engagement with its 45,000+ employees and counting, overseeing talent management and development, diversity and inclusion, culture of […]
The competition nowadays has skyrocketed in every field. Employee retention rates have dropped considerably because of numerous opportunities in the corporate world. With each company offering something or the other, it has become difficult for employers to hire people who will not make the switch pretty early or at all. Every field has a lot […]
