The first lens looks at workplaces from employees’ perspective and assigns 2/3rd weightage to the voice of employees. Graphic: Sarvesh Kumar Sharma/MintThe best workplaces also enjoy a lower rate of attrition (see chart 2). Best workplaces in the insurance industry have also been the first to tap into career growth as an opportunity area to drive higher retention. Practices like these have led to a 12% lower rate of attrition and 1.3 years higher average tenure in the best workplaces in insurance industry. Defining a strong employee value proposition and creating a strong on-ground experience for employees will become imperative differentiators when talent chooses their employers.

Source: Mint April 01, 2018 19:18 UTC