Dear Community members, Can anyone suggest the best retention policy for the manufacturing industry? Thanks
From India, Lucknow

Pay decent salaries and retirement benefits, offer loyalty bonuses to those who will remain with the organization for certain periods – say, three years, five years, ten years, etc. – and make them feel secure in the hands of the company's management. These strategies will help you retain manpower. Including performance-based incentives as part of the compensation package would also increase productivity. No modern HR theories will provide a definitive solution for employee retention, but offering good salaries and job security will yield positive results.
From India, Kannur

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