Wednesday, October 11, 2006

Pay them, pamper them and add 20% to your bottomline

Companies which lay stress on human resource activities and provide their employees incentives such as pay hikes and flexitime may get several benefits, says a new study.

Such companies could enjoy a 10-20% improvement in employee retention, employee productivity, profitability and stock price, said the study that is to appear in the upcoming issue of the journal Personnel Psychology.

Read More : http://economictimes.indiatimes.com/articleshow/1941547.cms

For countries like CHINA & INDIA where the cost advantage matters, what would be the diverse effects of this kind of a policy. Raise your comments ...

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