
Attrition & People are the greatest concern for IT Services firms, just read the article on Wipro's revised approach - People Pulse , the people tracker colour-codes every Wipro employee - red, amber and green. Red means highly likely to leave. Amber is the middle zone, and green the ones who are most unlikely to leave. They are tracked all the time. The colour zone helps the company focus on them better. Those in the high-risk zone, red, are under constant watch.
"This has helped us forecast how our employees are going to behave, track attrition and better manage it by timely interventions," says Prateek Kumar, HR head, Wipro Technologies.
The attrition forecast, with an error margin of 2%, has been fairly accurate.
Every employee at Wipro is mapped and his future growth path is identified fairly soon. The best managers are recognised with RSUs and special assignments. 'An evening with Azim Premji' is another way of making them feel special.
Source: 1
Mr Wong
Vote for Wipro's Apporach to Attrition:
|
Rating: 6.82 out of 11 vote(s) cast.
|
i think you make a valid point, on the treatment of the green tags, sad they wont be considered for all the perks just because they are not likely to leave :)....doesnt seem right.
But i believe the tagging will be useful for the business also, as TM & PM's can be aware of the possible attrition risk and put in place required mitigation plans.
This traffic signal type of approach should be used as only one of the tools to measure employee satisfaction rather than the norm de rigeur.
Think about it, why people in India leave for other pursuits.
1. More money (it could also mean the person is paid less compared to the market value)
2. Bad manager
3. Very few projects, more bench time
4. Company's direction is not sound
5. Exciting technology project which would catapult this person to higher demand in the future.
6. Negativity in the team
7. Chances of going abroad on short-term projects (maybe the individual was never sent on overseas projects and itching to go now)
-
Online MBA Degrees - earn your mba degree online with one of hundreds of programs available at elearners.com
| RSS | See all blog subscribe options |
|
What is RSS? | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Newsletter | |
| Follow us on Twitter! |











also I think it woudl be a great help how you tackle if the person is on the amber or green zone.
do you give better compensation or attention to those who aremost likely to stay or most likely to leave?