According to a recent survey, it has been revealed that Bangalore has one of the highest attrition rates in the country, along with Hyderabad, Delhi and Chennai. For booming companies looking to increase productivity and quality, this trend is particularly not encouraging as it deprives them of trained talent that, if retained, can make a qualitative difference to the company. Bangalore, which is amongst the leading employment providing cities, employers have been struggling to retain talent and human resource.
Another finding from the survey said that annectoś is offering the R & R (Rewards & Recognition) solution to employers and companies that desire to systematize the concept of rewarding and recognizing their employees and customizing it to meet their requirements.
annectoś also brings to the table comprehensive end-to-end R & R solutions for the corporates. Through their unique solutions, annectoś ensures that there is a higher RoI for a company’s spend on R & R programmes, and the benefits of social recognition within the company bring in a lot more mileage than that can be measured.
The R & R market in India is yet very nascent. R & R in India is, unfortunately, still oft confused with just gifting. Most companies still follow the culture of gifting or providing their employees with company branded merchandise, said Robin Ramakrishna, CEO, annectoś.
annectoś provides a technology platform for running recognition programmes. It enables the R & R programmes through a well-defined, structured SaaS (Software-as-a-Service) based work flow process.
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