Better Pay Isn’t the Solution: Here’s How You Can Retain Top Talent?

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Is your company experiencing “The Great Resignation”?

A lot of companies are facing this challenge to retain their top talent. With the change that the pandemic has bought to work culture, employee retention becomes a key competitive differentiation in the hiring markets. Privilege to work remotely around the globe has made job-hopping easier than ever. 

Many companies have redefined their company culture to attract employees towards such organizations that are more adaptable, technologically advanced, and have better people management processes. This is an interesting dynamic of what employers think the talent in the workplace is and what the younger generation considers important. Making us rethink our approach to talent management and acquisition as a company. 

Do you as an employer make sure that your staff is being heard and valued? If not then you should start doing it. Your HR team or HR consultants in India, with respective managers, can have one-to-one discussions with your employees. This will help to understand their growing needs and see how the company can collectively meet those needs. These discussions will play a huge role in helping you retain your best employees. Try to create more on-job opportunities for learning and regular feedback. 

Remember employees know what is to be done, tell them how it is done and see how fast they deliver desired results. Better Pay is just one thing but there are many other such parameters that you will know once start you interacting with your employees.

If you are facing any issues in Talent Acquisition and Formulating your HR policies then you can always reach us out at [email protected] or 8657864977

Prompt Personnel is leading HR company in India. We have over 24 years of expertise in delivering services such as  permanent staffingtemporary staffing, labour law advisory, and compliance. Many of our clients have praised our originality, skill, and honesty throughout the years.

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