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Corporate Tie-ups

Effective Talent attraction and Retention Strategy is the key!

With new business challenges evolving every day, HR faces the uphill task of bridging the managerial and leadership skill gap that many organizations confront at various levels. HR departments are finding it increasingly difficult to attract the right talent and then motivate them to stay on in the organization. They also need to keep up-scaling resources and realigning them with organizational changes. As a result, large amounts are being invested into training and developing workforce to bring them up to globally competitive standards.

The average attrition rate across industries is at an alarming 40%! The monetary cost of attrition is around 8% of the total wage bill.

Another issue that concerns HR Departments is the high attrition rates across industry verticals, as salaries spiral and organizations are looking at offering lucrative employee benefit plans. 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.

According to the NASSCOM - Hewitt survey 65% of the employees prefer opting for long term training and development programs as incentive.

According to this NASSCOM-Hewitt Total Rewards survey, nearly 68% organizations have implemented a formal career growth plan for employees; almost 95% companies have a formal development and learning needs analysis program; review of development and learning need is typically carried out on a quarterly basis.

Organizations have started extending total support to individuals for their continuing education needs in order to build careers.

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 has been specially created to provide learning solutions for corporates and working professionals. From our state-of the-art “Synchronous Learning Platform” that delivers live classes across the country, to our countrywide presence, capability to deliver customized programs, efficient and effective training management capability, all of it makes us an ideal corporate learning partner for corporate organizations.

Management and Technical Programs from Premier Institutes: Avagmah offers Executive Management Programs, Technical programs and Management Development Programs from the most prestigious institutions in the country. These programs offer an opportunity to Develop, Enrich, Motivate and Retain employees.

Corporate Learning Centre: Avagmah with its expertise in managing corporate training programs and charting career paths for employees through continuous learning programs can assist HR Departments in their constant endeavor to enrich organizational capability with a talented resource pool.


 

 



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Management Programs
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