Employee-centricity the key to retaining talent, say HR executives

Organizations that were arrogant, bureaucratic and complacent suffered a lot, says Alok Sheopurkar, HR head, HDFC Asset Management Company.

Organizations that were arrogant, bureaucratic and complacent suffered a lot, says Alok Sheopurkar, HR head, HDFC Asset Management Company.

According to top HR officials, in the post-pandemic era, organizations need to focus on employee-centricity to excel in the changing times and prevent mass exodus.

Alok Sheopurkar, HR head, HDFC Asset Management Company, said, “It is very difficult to find people who work every day.

He was speaking at an HR conclave organized by MET Institute of Management in association with HR Federation of India in Mumbai.

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“When the world looks for talent and India starts exporting talent, will we be able to retain our best people?” He asked.

“Give them a sense of purpose, and they should see that the organization is not in a business making money but benefiting and changing the life of an investor or customer. I believe the next economic crisis will be due to a lack of talent Not because of lack of money.

He said that arrogant, bureaucratic and complacent organizations suffered a lot. “But organizations that are purpose-driven and fair can retain their talent,” he said.

Highlighting the importance of productive employees, Hirak Bhattacharjee, Head of HR, Aditya Birla Sun Life Insurance AMC, said, “If an employee who comes into the organization is able to be productive rapidly, and if we make the employee consistently productive enable you to become. The association with the organization will always be there.”

He said an employee fails to perform when pressure from the manager starts coming in.

Emphasizing that the COVID-19 event has led to an increase in demand for people with specific skill sets, Birlasoft Vice President HR Girish Naik said that led to the resignation.

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“His salary increased manifold and as a result, our job also doubled. However now it is declining. It was a short-lived setback in the history of humanity,” he said.

Discussing the theme of ‘Battlement the Great Resignation’, Nalini Nutan, Head HR, BASF said, “As per Indian employment statistics, 68% people changed jobs last year. Out of that 61% changed for better opportunities, While the remaining percentage opted for culture and mental well-being.

“As a corporate, we also need to change and we are taking steps towards that,” he said.