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Next 10: 18 - Sierra Atlantic Software Services: Attrition Woes
Despite innovative HR policies, recruitment and retention are key challenges
Wednesday, September 06, 2006

Attrition and recruitment today figure among the top challenges that Sierra Atlantic's HR is trying to grapple with. All HR policies are being developed around the motto  “To attract, motivate, engage and retain the right talent by instituting ethically sound policies, realistic procedures and innovative practices to build lasting relationships and to bring about excellence in all our endeavors”.

Some of the initiatives introduced last year include setting up of a one-stop shop for addressing grievances; introducing policy on tuition fee reimbursement for certifications; HR Interact, an open house where all concerns and suggestions are noted and tracked to closure and efforts to reach out to onsite employees periodically. Sierra has a doctor on board, and has it introduced aerobics sessions at company premises and concierge services.

DQ Rank 18

Uday Chander P, director, People Function

High ratings

Score

Industry Rank

Less stress at work

83

10

Organization culture/work environment

91

13

Managers help maintain work-life balance

90

12

 Low ratings

High standards of corporate governance

84

18

Fair appraisal system

75

20

Encouraged to take risk

63

20

Dream job wishlist

Flexibility of office hours/balancing of social life

74

2

Interpersonal relationships

62

2

Location

78

4

Despite some good initiatives, Sierra Atlantic is struggling with very high attrition levels. It has the highest attrition rate among the top 20 companies.

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