1 / 9

Controlling Attrition With Training And Retraining By Uday Salunkhe

Prof. Dr. Uday Salunkhe, group director, Welingkar Institute of Management Development and Research, justifies Training and Retraining as the perfect tool to tackle attrition<br><br>Corporates are thinking about retaining over firing because of the huge shortage of trained manpower across industries.

udays
Download Presentation

Controlling Attrition With Training And Retraining By Uday Salunkhe

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Controlling Attrition With Training And Retraining By Uday Salunkhe

  2. Prof. Dr. Uday Salunkhe, group director, Welingkar Institute of Management Development and Research, justifies Training and Retraining as the perfect tool to tackle attrition http://www.udaysalunkhe.com

  3. Corporates are thinking about retaining over firing because of the huge shortage of trained manpower across industries. There are confronting complex issues today with ill-defined problems and unclear solutions. It is evident that people produce and innovate better in collaborative networks and not individually. http://www.udaysalunkhewelingkar.com

  4. The rate of attrition of skilled employees from IT, ITES, Banking, Finance, Insurance sectors is very high with Automobile, FMCGs and health sectors catching up. Global outsourcing and FDIs have changed the scenario. Attrition is a big challenge for Indian Corporates that are finding their skilled employees leaving because of lucrative options. A large number of young, relatively less experienced people tend to quit their jobs impulsively not only because they want to earn more, but also because of serious disagreements with the seniors and disconnect with the peers. http://www.udaysalunkhe.net

  5. Visionary Corporates understand the need to protect and develop the company’s human resource even in the times of crisis, so in good times the company is better prepared to face the challenges with the right people in place. They also realize that it is better to invest in employee training to keep them busy and add to their knowledge and skills, making them aware of changing situations, increasing levels of loyalty as well as confidence and performance. Training and Retraining is an investment that gives best returns. It is time and cost effective, retains the company’s competitive edge, and boosts employee morale and growth.

  6. A multi-skilled employee can be an effective and productive contributor to the work output of several traditional training disciplines. Multi-skilling improves productivity while reducing labor costs and turnover. Corporates even rehire people who are returning from school or from other industry with improved knowledge and skill sets. http://www.udaysalunkhewelingkar.net

  7. DR. UDAY SALUNKHE DOMAIN http://www.udaysalunkhe.com http://www.udaysalunkhe.net http://www.udaysalunkhe.in http://www.udaysalunkhe.co.in

  8. DR. UDAY SALUNKHE WELINGKAR DOMAIN http://www.udaysalunkhewelingkar.com http://www.udaysalunkhewelingkar.net http://www.udaysalunkhewelingkar.in http://www.udaysalunkhewelingkar.co.in

More Related