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Talent Retention and Attraction Strategies

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1. Identifying Talent Acquisition and Retention Issues 2. Knowledge of Emerging Trends and Best Practices in Attraction and Retention of Talent

L&T Infotech

Issues in Talent Acquisitiony Step1: Obtaining Job y y y y

Issues in Retentiony Joining Bonus y Compensation y Skill Incentives y Time of confirmationy Lateral Placements y Campus Joinees

Descriptions Step 2: While Sourcing Vacancies Step 3: Co-ordinating interviews Step 4: When the candidate is selected Step 5: When the candidate has joined

L&T InfoTech

Knowledge of Best practices in attractiony Employee referrals y Job portals

Knowledge of Best practices in retentiony Rewards y Open communication with manager and HR y Defining career path y Employee Motivation Plan

L&T InfoTech

Patni Computer Systems

Issues in Talent Acquisitiony Right candidate for the right y y y y y

Issues in Retentiony Strategy for defining a

job Struggling to meet deadlines for filling vacancies Job descriptions incomplete information Strong competition Credentials on job sites not full proof Buying Notice period

career path y Providing on-site opportunities y Compensation

Patni Computer Systems

Knowledge of Best practices in Attraction y Internal recruitment y Outsourcing y Job Fairs y Word of - mouth

Knowledge of Best practices in Retention y Compensation provided by studying market trends y Opportunities within the organization

Patni Computer Systems

TCS

Issues in Talent Acquisitiony Right person for the right job y Defining clear competencies y Training new recruits y Various job sites y Cost and time constraints

Issues in Retentiony Getting married y Better compensation y Health issues y Key talent is retained.

TCS

Knowledge of Best Practices in Attraction y Walk-in Interviews y Head-hunting y E-Recruitment y Employee Referrals

Knowledge of Best Practices in Retention y y y y yTCS

Continuous feedback process Identify potential attributes Rewards Job rotation Transfers

TechM

Issues in Talent Acquisitiony Right candidate for the right

Issues in Retentiony Compensation y On-site opportunities y Key talent easily poached

job y Compensation

TechM

Knowledge of Best Practices in Attraction y Job sites y Employee referrals

Knowledge of Best Practices in Retention y Job Rotation y Hikes y Discussion with top talent

TechM

THANK YOU