AVAGMAH for Corporates
The main reason cited for attrition is no longer attractive salaries but healthier career opportunities elsewhere. Individuals want peace of mind from fear of professional obsolesces and move to companies that provide them with learning opportunities. Organizations are therefore looking at newer reward strategies to retain talent. Going a step further than basic cash incentive to attract and retain the workforce, organizations today are providing employees with long term retirement schemes and career development reward programs.
Mercer’s Asia-Pacific Total Rewards Survey 2007 reveals that over 64% of employers in the Asia Pacific region invest primarily in training and career development as a retention tool.
Avagmah can assist HR Departments in their constant endeavor to enrich organizational capability with a talented resource pool by charting career paths for employees through continuous learning programs.
Benefits to the Organization
- Increased Employee Retention - As per recent industry survey around 70% student who enroll for higher education program continue to work with their existing organaisation till the program is completed successfully.
- Increased Employee Attraction - Avagmah provides the long term employee development platform your new employees will love. It is an excellent tool to differentiate from other employers in the job market and attract the right talent.
- Moving up the Value Chain - You would be able to support your impetus towards global environment by building your organization’s leaders with relevant specialized skills. Avagmah will help you build a highly skilled, globally diverse, and motivated workforce.
- Improved Employee Satisfaction- Provides employees with well-defined career paths and employees are thus motivated and develop a greater sense of self-worth, dignity and well-being.
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