billion in 2010 as per the research conducted by McKinsey & Company. It has given ample employment opportunities to Indian people. But this also showed the negative side of the business. It has been said that it costs thrice as much to recruit a new employee than to keep an existing one. This can be very well understood by the current trends in BPO industry. It can be seen as a routine of any BPO firm where the hiring continues 24x7. All these costs of selecting and training people become a matter of
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approach to employee benefits and compensation‚ employee records and personnel policies. Usually small businesses (for-profit or nonprofit) have to carry out these activities themselves because they can’t yet afford part- or full-time help. However‚ they should always ensure that employees have -- and are aware of -- personnel policies which conform to current regulations. These policies are often in the form of employee manuals‚ which all employees have. Employee Retention Effective employee retention
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CREDIT CARD AUTHORISATION FORM Please fill in the requested details below and enclose this form with a clear photocopy of the front and back of the credit card to us via our fax number +65 6688 5400 NINI Name imprinted on Card : __________________________________________________________ Credit Card Number : 5416 1600 7877 7405 __________________________________________________________ Date of Expiry : 07/16 __________________________________________________________
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Question 4: Calculate the total asset turnover‚ the P‚ P‚ & E Turnover‚ and the intangible asset turnover for each of the past two years. Are these turnover ratios increasing or decreasing? What might explain these trends? Total Asset Turnover is a financial ratio that measures the efficiency of company’s use of its assets to product sales. It is a measure of how efficiently management is using the assets at its disposal to promote sales. The ratio helps to measure the productivity of a company’s
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WHITEPAPER VOLUME TWO EMPLOYEE RETENTION REDUCING RECRUITMENT BY INCREASING RETENTION WHITE PAPER EMPLOYEE RETENTION EMPLOYEE RETENTION REDUCING RECRUITMENT BY INCREASING RETENTION DRAKE I NTERNATIONAL NORTH AMERICA CONTACT DRAKE FOR FURTHER INFORMATION ON HOW OUR INNOVATIVE SOLUTIONS CAN CREATE A SUCCESSFUL RETENTION PROGRAM THAT WILL REDUCE YOUR STAFF TURNOVER. CALL OR VISIT VANCOUVER•EDMONTON CALGARY•WINNIPEG LONDON•HAMI LTON OAKVILLE•MISSISS AUGA TOR ONTO•BELLEVILLE BROCKVI
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A STUDY ON EMPLOYEE RETENTION TECHNIQUE ADOPTED BY VEE TECHNOLOGIES PVT LTD S.K.DURGA II MBA BHARATHIAR SCHOOL OF MANAGEMENT AND ENTREPRENEURIAL DEVELOPMENT CHAPTER 1 1. INTRODUCTION 1.1EXECUTIVE SUMMARY I endeavoured to bring to light one of the critical ills that inhibit most of the BPOs now. The issue of retention is stressful for most managers. Managing high-performing employees can also be stressful at times. Combine the two and consider the issue of retaining employees and have a recipe
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leaving the hotel and at the same time there are recruitments taking place to fill in the gaps of the people who have already left the hotel with certain basic training provided by the hotel in the first few months. 1.2) Problem Analysis Staff turnover is a the most common issue in the hotel industry‚ in which there are two types of people‚ the ones who pass out of the hospitality management institutes and the others who have no experience in the hotel industry‚ but have managed to do some kind
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Recommendation Due to the current events of harassment from other external organisation the following recommendations are made concerning the prevention of workplace bullying: Develop a no bullying policy which outlines and communicate clearly to each employee the workplace laws and regulations relating to bullying under the Anti Discrimination Legislation and the Occupational Health and Safety Act. The policy should be well defined and contain explicit consequences that will occur if a person
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December‚ 2010 Recommendation Report for West Indies Yacht Club Resort 1. Introduction As the request of the General Manager of WIYCR Mr. Jim Johnson‚ our team has performed a review on the operation of the Resort to identify the reasons of the problems the resort was facing. This report is to provide further information on top of the presentation. The resort has recently carried out a study on the operation at the resort and identified three main problems: 1. High turnover rate of expatriate
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job is essential for an employer. But retention is even more important than hiring. The employees are valuable assets to the organization so it is the responsibility for the organization to develop the strategies in order to retain the employees. Employee attrition may be due to various factors such as lack of growth opportunities‚ dissatisfaction with the working environment‚ lower payees... As soon as they feel dissatisfied with the current employer or the job‚ theyswitch over to the next job‚
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