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Essay

Retention

Essay specific features

 

Issue:

History

 

Written by:

Stephen B

 

Date added:

September 29, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2143

 

Was viewed:

549 times

 

Rating of current essay:

 
Essay content:

Hence failing to retain a key employee is a costly proposition for an organisation. Various estimates suggest that losing a middle manager in most organizations costs up to five times of his salary. The BPOs in India face an enormous challenge in reducing attrition rate and this being a nascent industry needs to draw parallels, examples from other industry practices as well as develop innovative Employee Relation Initiatives as highlighted below...
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This has been classified into three groups 1. The Corporate level 2. Managerial/supervisory level 3. Employee Recognition Initiatives Here this article attempts to highlight the strategies for the corporate level. Corporate Level Retention strategies:- Relevance of Retention Strategies in the Indian BPO Industry vis-a-vis other industries is very critical to its existence for the following reasons - • To bring stability in business and increase customer service process...
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General issues of this essay:
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