Flexible Work, Most Effective Perk to Lure Talent

By siliconindia  |   Wednesday, 28 August 2013, 12:55 Hrs
39
35
77
18
Print Email
Flexible Work


Bangalore: Good news folks! There is a way to curb the high attrition rate that is causing havoc in the corporate world. A recent survey by Aon Hewitt, titled ‘Employee Preference Study 2013’ revealed that flexible work arrangements along with fixed pay and higher incentives are the three most preferred benefits that majority of the employees in the country crave for. And the best way to attract or retain talent is to concentrate on these three employees benefits, as reported by Saumya Bhattacharya and Anumeha Chaturvedi of ET Bureau.



As per Sandeep Chaudhary, Partner, Talent & Rewards, Aon Hewit, gone are the days when cash compensation or just take-home pay was enough to attract talent. Presently the drivers of attention, engagement and retention have changed, and flexible work arrangements have emerged has the most effective factor that can lure proficient talent. He added that, there is need for employers to come up with innovative ways to engage talent and keep them happy.



Several top corporate houses in the country, which include the likes of IBM, Citi, Mahindra & Mahindra, P&G, HSBC and PwC, have already realized the importance of flexible work arrangements and are using this perk as a way to retain and motivate talent.



Read More:



Companies With Least Loyal Employees In The World



10 Most Luxurious Workplace Perks



SPOTLIGHT
IISc database on peninsular Indian
The Indian Institute of Science (IISc) on Sunday announced its database of flora in peninsular..
Inland, coastal maritime technolog
The Ministry of Shipping, under its flagship Sagarmala Programme, is setting up a state-of-the-art..
ISRO unveils 'Young Scientist'
State-run Indian Space Research Organisation (ISRO) on Monday announced the launch of its Young ..
Presidency University to offer
Presidency University is coming up with a specialised course in cyber security at its new campus, ..