unconventional ideas to retain gen y
DESCRIPTION
7 Slightly Unconventional Way to Retain TalentTRANSCRIPT
Quality Of
LIFE
InstantFearless of Aspirations
Source: Roongrerngsuke, 2010, Erickson, 2012, Ghosh & Chaudhari, 2009
Give Employees the option to contribute to a larger cause.
Let them take ½ salary and 6 months of community service / CSR activities
Reverse Mentoring | Mentors are teaching their mentees about Web 2.0 not to gain visibility
Employees can move seamlessly among company locations
According to their seasonal or location preferences
Scrap the Annual Appraisal
Give regular feedback for a quicker and continuous self actualisation, rather than wait for the year-end.
Flexi Comp | offer a menu of benefits, rather than pre-defined plan
Let them decide if they want PF, Gratuity, Superannuation or LTA
Offer Unique Benefits across Generations, Job Bands,
Offer Unique Benefits | Peer Nominated Award, Tai Chi Lessons, Photography & Guitar Tuitions
Generation, Job Band, Cultural Background
High Quality Colleagues
Build Perceptions through Organizational Success Stores
Paras KaushikHead Retail HR
Madura Fashion & LifestyleAditya Birla Group
[email protected]@[email protected]/in/paraskaushik
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