In the last couple of years whenever I bump into HR heads of outsourcing companies or BPOs, they never fail to mention about the hairy beast called attrition. They have tried everything from Mercer techniques to swank get-togethers to astrology;) … but more employees walked out on them.
Surprise… Surprise… the economic slowdown has apparently done what crazy employee engagement activities, crazier salary hikes and craziest perks and incentives couldn’t: keep more employees of outsourcing companies and BPOs on the rolls.
Sometimes, the best CEO is the market condition !!
~ Satish Chathanath
Call : 9884011654
Mail : csadhy@yahoo.co.in
Monday, November 24, 2008
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