unconventional ideas to retain gen y

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7 Slightly Unconventional Way to Retain Talent

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Page 1: Unconventional Ideas to Retain Gen Y
Page 2: Unconventional Ideas to Retain Gen Y
Page 3: Unconventional Ideas to Retain Gen Y

Quality Of

LIFE

InstantFearless of Aspirations

Source: Roongrerngsuke, 2010, Erickson, 2012, Ghosh & Chaudhari, 2009

Page 4: Unconventional Ideas to Retain Gen Y
Page 5: Unconventional Ideas to Retain Gen Y

Give Employees the option to contribute to a larger cause.

Let them take ½ salary and 6 months of community service / CSR activities

Page 6: Unconventional Ideas to Retain Gen Y

Reverse Mentoring | Mentors are teaching their mentees about Web 2.0 not to gain visibility

Page 7: Unconventional Ideas to Retain Gen Y

Employees can move seamlessly among company locations

According to their seasonal or location preferences

Page 8: Unconventional Ideas to Retain Gen Y

Scrap the Annual Appraisal

Give regular feedback for a quicker and continuous self actualisation, rather than wait for the year-end.

Page 9: Unconventional Ideas to Retain Gen Y

Flexi Comp | offer a menu of benefits, rather than pre-defined plan

Let them decide if they want PF, Gratuity, Superannuation or LTA

Page 10: Unconventional Ideas to Retain Gen Y

Offer Unique Benefits across Generations, Job Bands,

Offer Unique Benefits | Peer Nominated Award, Tai Chi Lessons, Photography & Guitar Tuitions

Generation, Job Band, Cultural Background

Page 11: Unconventional Ideas to Retain Gen Y

High Quality Colleagues

Build Perceptions through Organizational Success Stores

Page 12: Unconventional Ideas to Retain Gen Y
Page 13: Unconventional Ideas to Retain Gen Y

Paras KaushikHead Retail HR

Madura Fashion & LifestyleAditya Birla Group

[email protected]@[email protected]/in/paraskaushik

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