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Unconventional Ideas to Retain Gen Y
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Paras Kaushik
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Unconventional Ideas to Retain Gen Y
1.
2.
3.
Quality Of
LIFE Fearless of Instant Aspirations Source: Roongrerngsuke, 2010, Erickson, 2012, Ghosh & Chaudhari, 2009
4.
5.
Give Employees the
option to contribute to a larger cause. Let them take ½ salary and 6 months of community service / CSR activities
6.
Reverse Mentoring |
Mentors are teaching their mentees about Web 2.0 not to gain visibility
7.
Employees can move
seamlessly among company locations According to their seasonal or location preferences
8.
Scrap the Annual
Appraisal Give regular feedback for a quicker and continuous self actualisation, rather than wait for the year-end.
9.
Let them decide
if they want PF, Gratuity, Superannuation or LTA Flexi Comp | offer a menu of benefits, rather than pre-defined plan
10.
Offer Unique Benefits
across Generations, Job Bands, Generation, Job Band, Cultural Background Offer Unique Benefits | Peer Nominated Award, Tai Chi Lessons, Photography & Guitar Tuitions
11.
High Quality Colleagues
Build Perceptions through Organizational Success Stores
12.
13.
Paras Kaushik
Head Retail HR Madura Fashion & Lifestyle Aditya Birla Group paras.kaushik@adityabirla.com paraskaushik@gmail.com @paraskaushik linkedin.com/in/paraskaushik 13
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