Module

Training objectives

Method

Time

Retention- Financial   Implication

mcrep01

• Intangible Assets
• Calculating Intangible Asset Value
• Project - Attrition Reduction
• Turnover Costs

Case analysis
exercises

3 hrs

Attrition Analysis & Diagnosis

mcrep02

• What is Turnover
• Global Turnover Statistics
• Turnover Types
• Reasons for Turnover
• Surveys to Pinpoint Issues
• Different Strategies to Reduce Attrition Rate

Case analysis
Simulation exercises

4 hrs

Reducing Attrition Through Hiring

mcrep03

• Purpose of  Recruitment
• What is Competency
• Competency Iceberg Model
• Retention Based Hiring
• Retention Based Requirement Analysis
• Retention Based Resume Search
• Retention Based Short Listing
• Retention Based Filtering
• Retention Based Interviewing

Cases
Analytical Exercises

4 hrs

Reducing Attrition Through Compensation

mcrep04

• Basics of Compensation
• Adam's Equity Theory
• Designing Equitable Compensation and Benefit Systems
• Establishing Internal Equity
• Establishing External Equity
• Establishing Internal Equity

Exercise
Group discussion

2hrs

Reducing Attrition Through
Motivation Management

mcrep05

• Support of Motivational & Hygiene Needs
• Applying Motivating Supervisory Interactions
• The Jobs Motivational Potential

Lecturette

3hrs

Reducing Attrition Through Supportive Environment

mcrep06

• Orientation Programs
• Aspects of Culture Which Affect Retention
• Career Plateaus
• Career Transitions

Simulation
Exercises
Exercise

2 hrs

Emerging Trends in Attrition Management

mcrep07

• Employment Branding
• Quality of Work Life
• Autonomous Work Groups

Review
Exercises

1 hr