High Engagement and Low Attrition Panel Discussion A Practitioners View Kamna Prasad Head Human Resources CRISIL Global Research amp Analytics Attrition is here to stay in India Skewed ID: 217466
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Slide1
Attrition Management- High Engagement and Low Attrition
Panel DiscussionSlide2
A Practitioner’s View
Kamna Prasad
Head- Human Resources
CRISIL Global Research & AnalyticsSlide3
Attrition is here to stay in IndiaSkewed Talent SituationsHigh Demand
Poor Supply
“50
% of corporate India is thinking of changing their
job”Lure of 30% more in salariesYou have good people? Tough luck- they will be hired by someone else soon!
The External RealitySlide4
“Oh
! The
Market” SyndromeSlide5
The Westminster’s Modern HR dictionary defines Employee Engagement as “An overused, misused and abused HR term used frequently by HR business partners who are “strategic partners for business leaders”
Just Kidding..
Engagement is the
willingness of
an employee to come into office each day and do good workWhat is Engagement?Slide6
Attrition is an Outcome, Not an EventPush and Pull Factors:
Stop
blaming it on the
market alone
Focus on the fundamentals- what keeps a person engagedBelieve in yourselfLead by example: See people as people, not resource
Believe that r
etention
Initiatives do help in reducing
attrition, but not the song and dance type stuff
Work on the Culture
What HR needs to
realise
…Slide7
Help Line ManagersMost of them need support in dealing with people and they may not
realise
it
E
ngage with Employees, esp new hiresAnticipate Attrition- Early warning systemR
espect
Employees and their views
How can HR help- Just HEAR!Slide8
Oh! The Market….
Is this what your managers do to your people?