Employee Retention

meaning Employee retention refers to policies and practices companies use to prevent valuable employees from leaving their jobs. How to have valuable employees is one of the biggest problem that plague companies in the agonistic marketplace Nowadays, businesses often find that they spend considerable time, effort, and money to rail off an employee only to have them develop into a valuable goodness and leave the company for greener pastures. In order to create a successful company, employers should consider as many options as realistic when it comes to retaining employees, Why people ar moving? When there are so many benefits associated with BPO industry…. when there are so many privileges for the BPO employees than what makes them to change the company/industry?? Is it only specie that matters or anything else as well?? After taking exit-interviews and analyzing the slew I am able to list out pursuance reasons for a BPO professional to change his/her job.

* No growth opportunity/lack of promotion * For higher Salary * For Higher education * Misguidance by the company * Policies and procedures are non conducive * No personal life * Physical strains * Uneasy relationship with peers or managers Employee Benefits Provided By Majority Of the BPO Companies A part from the legal and mandatory benefits such as provident-fund and gratuity, below is a list of other benefits…BPO professionals are entitled to the following: 1. Group Medi-claim policy organisation: This insurance scheme is to provide adequate insurance insurance coverage of employees for expenses related to hospitalization due to illness, disease or stain or pregnancy in case of female employees or spouse of male employees. All employees and their dependent family members are eligible. restricted family members include spouse, non-earning parents and children above three months 2. Personal Accident Insurance Scheme: This scheme is to provide adequate... If you want to get a full essay, order it on our website: Orderessay

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