Enhancing Talent

Coping with high employee turnover is crucial in the highly competitive tech industry

According to a recent study, the average cost of replacing an employee in the tech industry is around %75-250 of their annual salary, making recruitment and retention crucial concerns for startup leaders

Leading by example and encouraging a two-way conversation

Regular town halls meetings

Tech-savvy employees expect a generous benefits package, or they will go elsewhere

Extrinsic motivators like bonuses, promotions, and public recognition can significantly boost employee morale and job satisfaction

Employee engagement platforms, virtual event software, and gamification tools can foster collaboration and socialization

Investing in employee learning and growth is an investment Best global capability centre in india company success

By understanding the needs of their employees, companies can increase loyalty and productivity

If we want employees to progress in their careers and contribute to the company's successes, start-ups should provide them with professional development opportunities and help them see a clear and navigable future for rising through the ranks