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Attrition Management High Engagement and Low Attrition

Attrition Management High Engagement and Low Attrition. Strategic HR Summit 2011- Chennai 15 th October 2011. Attrition … my 6 cents. Name : Chandrasekhar C Title : Country HR Manager – BAS & GIT- India Company : Hewlett-Packard. Attrition – the other side….

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Attrition Management High Engagement and Low Attrition

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  1. Attrition ManagementHigh Engagement and Low Attrition Strategic HR Summit 2011- Chennai 15th October 2011

  2. Attrition …my 6 cents Name : Chandrasekhar C Title : Country HR Manager – BAS & GIT- India Company : Hewlett-Packard

  3. Attrition – the other side… Definition: A reduction in numbers usually in result of… • Single seat multiple applicants • -Hitting the Glass Ceiling • Unbilled available • Ramp Down • Floaters • High cost low Value • Low Performance People getting off a train Musical Chair Weight Loss Program Sinking Ship… Need a lift Moral : Watch out ONLY WIN retention

  4. Attrition – Cure vs Prevention JOB CHANGE ONSITE MONEY ???? LOCATION Drugs that might cure Attrition… “Prevention is better than Cure”

  5. Attrition – not magical … “Yesterday he was fine…not sure what happened today” “I wish I had known this already” “This attrition is a news… I never expected” “I am not an astrologer to know this” Manager • If a manager can not predict the attrition of an employee he values, then the problem is not attrition • There can’t be any better source to know an employee’s decision of leaving than personal connect • Facilitate for effective Connect

  6. LetUs INTROSPECT…… Which one of the above period of your life, do you keep it close to your heart and why? Opportunity Encouragement Care Freedom Friends FUN Different stroke for different people BUSINESS priority and PEOPLE priority can’t travel in opposite directions Identify and nurture your key talent

  7. MY 6 CENTS Watch out ONLY WIN retention (remember the other side of Attrition) Prevention is better than cure Attrition can never be a SURPRISE… Connect to know Different stroke for different people BUSINESS Priority and PEOPLE priority can’t travel in opposite directions Identify and nurture your key talent

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