about y xit
TRANSCRIPT
AceNgage is an HR intelligence company working with Organizations on areas of Employee Engagement &
Retention
Established in June 2007 , we currently work with several leading IT , ITES, Retail, Pharma, Banks & FMCG
Companies
Our insightful analytics help managers take evidence based actions and also monitor the implementation of these
actions
Work with clients who have employees based out of India and across different parts of the world
Current headcount is 42 employees including Counselors (Behavioral psychologists) MIS , Quality & Training
Associates
WORLD-CLASS, COMPREHENSIVE, 24X7 EMPLOYEE ENGAGEMENT PARTNERING
Service Launched: y-XitStaff: 2Client Industry: IT
Service Launched: Pre-joining & On-boardingStaff: 20Client Industry: IT, BPO, BFSI, Healthcare
Service Launched: AceSurveys & Win backStaff: 12Client Industry: IT, BPO, BFS
Service Launched: Coaching For Manager programs,Predictive attrition modelStaff: 36Client Industry: IT, BPO, BFSI, Healthcare, Construction, Retail
Service Launched:Early EngagementStaff: 28Client Industry: IT, BPO, BFSI, Healthcare, Retail
• Joining Formalities• On-boarding• Induction Management• 30-60-90 Day Feedback survey
• Employee Engagement Index• ESAT survey• Employee Counseling• Manager Score card• Predictive attrition• Coaching for Manager programs
• Post offer follow up and Renege analysis
• Improve joining ratio• Employee Referral Program• Reference Checking
• y-XitTM ( Exit interviews & analysis) • Exit Formalities & Documentation
Employee Win back
PRE - JOINING ENGAGEMENT PROGRAM
Helping organisations improve joining ratio’s and
improving candidate experience
EARLY ENGAGEMENT PROGRAM
Helping organisations reduce early attrition and
improving early experience
yXit
Helping organisations understand why their
employees leave and assisting them in
building action plans to improve retention
Free flowing telephonic exit interviews conducted by
trained behavioral psychologists, using AceNgage
methodology.
Identify the most granular reasons for leaving
High quality feedback on lifecycle of the employee and strengths of the organization
Superior analysis and reporting and provide tangible actions
for improvement planning and implementation
Unbiased understanding of what’s working and what’s not
Enable building and monitoring precise retention
improvement actions
Increase HR bandwidth for managing retention improvement actions
Reduce turnover cost
Common attrition related challenges COMMON ATTRITION RELATED CHALLENGES
• Limited understanding of why employees leave
• Nobody owns Attrition; Blame it on the uncontrollable factors
• Inadequate and ill-timed attrition control measures
• Poor visibility on improvement measures across different stages of lifecycle
• Spiraling Cost of attrition due high attrition in back-fill batches
• Unmitigated continued risk of performance and productivity erosion due to chronic high attrition
Typical exit process
Employee submitsresignation letter
Supervisor tries to retain
Successfullyretained?
Employeeswithdrawsresignation
EndYes
Supervisor updatesHR Manager &Line Manager
HR Manager &Line Manager try to
retain
Successfullyretained?
Employeeswithdrawsresignation
End
HR initiates exitformalities
HR conductsExit Interviews
Exit data&
Attrition reports
Employeecompletes
Exit formalities
HR issues relievingletter with promise
to settleF&F accounts
End
No
No
AceNgage yXit process
AceWorkshop
HR ensures Completeness, timely
availability and accuracy of AceInput
HR initiates exit formalities
HR completes AceInput form
and sends an exit interview request
Acengage schedules interview,
confirms back to HR
Interview conducted as per schedule
Observation, Analysis &Reporting
End of the monthInformation from AceIput, Interview data & feedback
AceReports &Recommendation
Workshop to review Reports &
RecommendationsWith HR
AceReports &Recommendation
UI Prioritization of Attrition Control
Activities
Improvement Project Plan
AceAudit
* Boxes with dotted lines…are client requested optional services
STAGES OF THE ACTIVITY PRE-INTERVIEW:
• Contact employee over the telephone – The duration of the conversation is estimated to be around 35 to 40 mins.
• An initial mail/call will be made to schedule the interview after which the interview will be conducted at the preferred time.
DURING INTERVIEW:
• Explain objective and set context for calling – As per pre-discussed interview guidelines the counsellors will help employees have a clear understanding of the objective of the exercise.
• Identify trigger for leaving the Company- During this stage, the counsellor will understand the root cause of attrition i.e. the trigger for leaving. The counsellor will use specific skills to put the ex employee at ease to be able to get the honest truth from the employee.
• Conduct a life cycle survey – The counsellor will also conduct a survey on the various stages of the employee life cycle, namely Recruitment, Training, Induction, Policies & procedures, Supervisor & Engagement.
• Conduct an Appreciative enquiry- The counsellor will identify the strengths of the organization, positive images & and capture names of role models of the ex employee.
• Capture competitor information – The counsellor will identify the name of the company the employee has joined, reasons based on which he/she took the decision and the salary hike offered.
Stages of the activity
MethodologyAce WorkshopAt the start of the activity, a joint workshop is conducted between representatives of the Company & AceNgage to assess:
Existing processes :• Employee data capture and data availability• Employee Retention process• Employee Exit process• Employee Exit Interview processAssessment of existing processes is to ensure clear understanding of the current process integrity, ownership, adherence and control. The outputs from the processes mentioned above are integral to bringing about transformation in the understanding of both the exit and retention processes. AceNgage will recommend changes to the existing process, if required.
Reporting Requirements• Discuss the scope of reporting by AceNgage with Company HR /interested team• Assist Company HR team understand the range of reports possible and short listing of key
reports as part of the AceNgage offering.• Discuss the availability and the ordering process for additional reports on an ongoing basis• Freeze the customized reporting needs• Agree on frequency of reports and cuts required on an ongoing basis
Methodology
AceInput Workshop
• Educate HR team on AceInput process and the significance of timely submission of complete and accurate data to ensure maximum benefits from analysis and reporting
• Understand source of termination data such as SAP, PeopleSoft etc. and discuss technology considerations if any.
Interview Questions
• Discuss and validate the questions typically asked in the interviews. • Any changes to validated questions will be recalibrated, however it is important to note that
telephonic interviews do not necessarily seek calibrated questions to prevent the robotic effect (unlike the web model) .
It’s our core Competency
AceNgage has invested significant amount of time
money, time, energy to develop our people and
technology to deliver consistently the best
quality feedback, reports and analysis to assist our
clients in undertaking precise
improvement action plans to improve engagement &
retention
We bring in wealth of experience and
expertise
AceNgage has conducted over 175,000 exit
interviews with the help of qualified and trained
behavioral psychologists to unearth the mystery
behind attrition. AceNgage assists clients in building
employee retention initiatives with help from best practices from our wealth of experiences
across clients from various industries
We provide unbiased and objective
360oview
AceNgage counselors uncover what caused
attrition along with immense and relevant
feedback around what’s working well and what’s
not. The unbiased feedback from the respondents help
organizations build tangible action plans to improve their people, policy, &
process framework that governs and employee
engagement.
We bring the HR focus back into caring for
employeesAceNgage handles large
amounts of data and MIS. Under ordinary circumstances for clients to do this internally
using their valuable HR resources would have resulted in spending
inordinate amount of time in MIS type of activities.
AceNgage intervention helps HR specialists to bring the focus back into caring for
their employees and resolving their issues quickly
• We are not in the Recruitment business or any activity related to recruitment which may allow use of employee information made available to us
• The discussion between an employee and the counselor is treated as privileged information
• Dedicated counselors for each client
• Quality monitoring by • dedicated CQA • Mystery shopping • CSAT with Interviewees
• All of our real time work can be rescheduled and be carried out from home/remote locations if the situation demands.
• Our processes are developed to ensure and deliver high quality service even in cases of denial of premises for a few days at a stretch.
• Backup is taken on a weekly basis and saved
• All counselors are trained behavioral psychologists.
• Counselors go through a combination of class room and on the job training
• On completion of skills training employees go through mock calls and nesting for two weeks
• Go No Go evaluation conducted at the end of four weeks
Isolate root-causes individually and in clusters• Understand reasons of leaving and triggers for attrition• Specific feedback on the people, processes and policies framework governing
employee engagement and retention
Better quality decision making for improving engagement and retention• Decision making minimizes gut feel and provides a solid data based input to building
improvement action plans• Monitoring the effectiveness of implementation of corrective actions plans
embedded in yXit.
High quality feedback• Besides eliciting reasons for leaving, feedback from every employee includes what’s
working well, what’s not and ideas for improvement are also captured• Feedback reflects on the entire employee lifecycle• Line Managers and HR managers both align to the drivers of attrition and work together to
make solutions work
Free HR bandwidth to pursue employee care activities• Reporting and analysis essentially involves sifting through large amounts data. By
making this valuable feedback available month-on-month, HR specialists can spend time in addressing root causes and building solutions
“I have been working with AceNgage for
close to 4 Years now and have had the
opportunity to use their professional
services in the past 2 firms. AceNgage
brings to the table tremendous value and is
able to give the decision makers in the
organization a very different perspective
and advice which helps make most
appropriate decisions.
ROHIT DHODY - Head HR - MACH
”AceNgage have been true partners to
our Human Resources team. We started
with them doing exit interviews for a
division and in a short while we ramped
this to manage exit interviews globally.
Their incisive, relevant data analysis
coupled with practical suggestions with
what levers to push was what gave us
the confidence.
ELANGO R -Chief human resources
officer-MPHASIS AN HP COMPANY
"We have around 30-40 exits
happening every month. In the
past these exiting employees
were not fully comfortable to
share their experiences during
their exit interviews conducted by
our HR Business Partners.
VENKA REDDY - Manager HR -
BAJAJ FINANCE LTD
“After engaging with AceNgage our
retention efforts have become more
focused. The data and insight they
provided along with industry trends
has been very useful in building and
executing a focused retention
strategy”.
NATHANIEL ANTONI SASIKAR
- Manager - Human resource –
Middle East & Africa - 3M
“AceNgage were engaged by us to
make a study of reneged offers,
spanning a period of three
months. The analysis was detailed
and incisive, and provided useful
inputs”
SURESH KP -AVP & Head,
Resource management -L&T
INFOTECH
AceNgage Infoservices Private Limited
# 25, 3rd Floor, R K ComplexJayamahal Main RoadBangalore - 560 046Karnataka, India
+91 80 4283 4333+91 990199 8587