Attrition, today, is definitely one of the main concerns for a lot of companies. Though getting good talent in the current era is not so tough anymore coz of the better quality education that is available, retaining that talent is the biggest challenge. We may all agree, that corporate culture does play an important role in achieving this objective. Considering in an IT company, on an average each one of us spend about 8-10 hrs a day, the kind of set up that we work in and the kind of people we are surrounded with, does matter a lot, to keep that spirits high!
Well.. what triggered these thoughts in my head? I was just reading the "Great Places To Work Survey and Rankings" for the year 2006, in the current issue of Business World. This article describes in detail about the study conducted, the insights and the implications. A nice to read. What was striking was, one of these quotes that I came across while reading this cover story that says........"If you can't get wait to get to office, then you are in a a great place to work for sure"...
What it's referring to is "that monday feeling" that most of us go through, when we gotto get to office on that monday morning after a nice weekend's break. So if your office can really instill that feeling in you that you are eagerly waiting for the monday morning and cant wait to get to work, then whoa! you are definitely at one of the "best places to work" :) I really wonder if I would ever feel like this. At least I haven't come across anyone so far, irrespective of how good the company he/she works for, actually feeling so. Am sure, it's every organization's objective to get here, to help retain their best people!
Times have changed. There are plenty of lucrative opportunities everywhere and the current generation is definitely more ambitious and career oriented. I remember my mom, dad, uncle, aunt etc. who work(ed) in any government services, when asked how long do you plan to stay here, would say .. "till I retire". At that time it was usually one job, whatever it paid, job security mattered. But now, ask the same question to any professional and he/she would probably say... "I would stay here for a long time" or "till this job favors my career growth or keeps my interest"...
Well, am not trying to give any conclusions here but just putting across the idea that corporate culture plays a very important role in retaining the employees, coz I have seen among my friends, who have switched good jobs, coz they just hate the whole environment, the people around and mostly coz its boring to work there!
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