Unconventional Ideas to Retain Gen Y

Quality Of

LIFE

InstantFearless of Aspirations

Source: Roongrerngsuke, 2010, Erickson, 2012, Ghosh & Chaudhari, 2009

Give Employees the option to contribute to a larger cause.

Let them take ½ salary and 6 months of community service / CSR activities

Reverse Mentoring | Mentors are teaching their mentees about Web 2.0 not to gain visibility

Employees can move seamlessly among company locations

According to their seasonal or location preferences

Scrap the Annual Appraisal

Give regular feedback for a quicker and continuous self actualisation, rather than wait for the year-end.

Flexi Comp | offer a menu of benefits, rather than pre-defined plan

Let them decide if they want PF, Gratuity, Superannuation or LTA

Offer Unique Benefits across Generations, Job Bands,

Offer Unique Benefits | Peer Nominated Award, Tai Chi Lessons, Photography & Guitar Tuitions

Generation, Job Band, Cultural Background

High Quality Colleagues

Build Perceptions through Organizational Success Stores

Paras KaushikHead Retail HR

Madura Fashion & LifestyleAditya Birla Group

paras.kaushik@adityabirla.comparaskaushik@gmail.com@paraskaushiklinkedin.com/in/paraskaushik

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