Employee Retention: HR News, Trends & Workplace Insights

Latest Employee Retention HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employee Retention.

Updated on: Dec 2023
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Policybazaar employees win houses, cars as new R&R initiative
Industry

Policybazaar employees win houses, cars as new R&R initiative

Policybazaar last week concluded Season 3 of Jeeto Apna Ghar (JAG), an award-winning employee-focused initiative. The company said that across three successful seasons, policybazaar’s Jeeto Apna Ghar contest has 23 houses and 8 cars given out till date – prize money of over 25 Cr. Amid overwhelmingly positive employee feedback, Policybazaar last week concluded Season […]

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Piramal Group rolls out new retention plan ‘LTI Program’
Work Model

Piramal Group rolls out new retention plan ‘LTI Program’

A global business conglomerate with diverse interests in Pharma, Financial Services, and Real Estate Piramal Group has rolled out a retention plan named “Long-term incentives (LTI)”. Long-term incentives (LTI) are a mix of stocks and discounted stocks, and the overall compensation includes LTI, bonus, and fixed payouts. The LTI plan was rolled out in the company […]

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TCS has high employee retention, 20% employees stay for 10+ yrs
Industry

TCS has high employee retention, 20% employees stay for 10+ yrs

An Indian multinational information technology, Tata Consultancy Services (TCS) is among the few large Indian companies which have high employee retention. TCS has come a long way in retaining employees. The company is high on employee retention as 20% of employees stay for over 10 years. The company’s headcount as of March 31, 2023, stood at […]

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Is company’s new strategy allowing married couples at workplace?
Employee Retention

Is company’s new strategy allowing married couples at workplace?

Most companies have policies that discourage or forbid the working of married couples, particularly in the same department. Now, companies are allowing the working of married couples in the same company but at times they are permitted to work in different departments. An example of this is India’s largest producer of aluminium and value-added aluminium products, […]

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Apple gifts employee with ‘Rarest Product’ for 10 years of service
Industry

Apple gifts employee with ‘Rarest Product’ for 10 years of service

An American multinational technology company, Apple has gifted its employee with the ‘rarest product’ for 10 years of service with the organization. A YouTube video was posted by DongleBookPro. This video showed “Apple’s rarest secret product”, a commemorative plaque specially designed for the 10th anniversary of the employee. The award contains a detailed explanation of the making of the product, too. […]

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Wipro rolls out record senior promotions
Employment

Wipro rolls out record senior promotions

According to FinancialExpress, an Indian multinational corporation that provides IT, consulting and business process services, Wipro has rolled out record senior promotions to retain the talent. According to reports, Wipro has promoted 12 top executives to the post of senior vice president and 61 executives have been elevated to vice president. Currently, the company has […]

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66% employees plan to leave current company in next three to nine months
Industry

66% employees plan to leave current company in next three to nine months

According to the finding of Capgemini Research Institute’s latest report, the report finds that 34% of all employees are planning to leave their current company within a year. Of this group of employees who intends to leave, two in three (66%) plan to do so in the next three to nine months. Only 28% of […]

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From The Great Resignation to The Great Retention
Employee Engagement

From The Great Resignation to The Great Retention

All organizations, from thriving start-ups to large corporations, are deeply concerned about the attrition that they are facing. While we continue to get adjusted to the new normal, a new study, The Great X by Michael Page found that 86% of employees in India plan to resign within the next 6 months. The Great Resignation […]

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IBM Updates Benefits Program for IBMers and Retirees
Work Model

IBM Updates Benefits Program for IBMers and Retirees

IT and Technology giant, IBM has announced that the company is making to optimize benefits for both current and former employees. The updates are intended to streamline offerings and plan administration while providing enhanced options for as many active and retired IBMers as possible. Medical Benefits and 401(k) Enhancements for Active IBMers in the U.S. […]

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5 H of Employee Retention Plan to Win Tough Times
Employee Retention

5 H of Employee Retention Plan to Win Tough Times

While the world is staring at recession, India’s growth story continues to shine. According to a recent survey by Bloomberg, the probability of India slipping into recession is zero. Most forecasts including the recent one from IMF have predicted India’s GDP growth for FY 23 to be more than 7%. As the world stares at recession, the […]

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Shell earns bumper profits, gives 8% bonus to staff
Compensation

Shell earns bumper profits, gives 8% bonus to staff

The oil company, Shell is handing nearly all of its 82,000 staff a bonus equivalent to 8% of their salary after it reported record profits amid soaring energy prices. The British multinational is making the one-off payment to the vast majority of its employees around the world, only excluding those on its executive committee, executive […]

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How to Manage Attrition in the Food Industry
Employee Engagement

How to Manage Attrition in the Food Industry

If you keep withdrawing money from your bank and won’t deposit anything over a long period, your bank account will come to the verge of closing. This depicts the need for balance in life. This balance is the sole factor that helps in running various industries efficiently and successfully. The food industry is no exception. […]

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