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When attrition becomes a headache

DNMUM439449 | 7/18/2019 | Author : Priyanka Golikeri | WC :761

With employee exit levels hitting 40-50% at new-age cos, talent retention becomes significant

Even as start-ups race ahead to raise funds, expand product lines, enter new markets and expand globally, retaining employees and curbing attrition remains a big problem for newbie ventures.
Start-ups admit that attrition levels are often in the 40-50% range, much higher than seen in other sectors, and managing attrition has become a challenge in this competitive market space.
Pragya Kumar, chief human resource officer, CarDekho Group, says, “Attrition is one of the biggest concerns in the start-up business. Currently, the attrition rate at Indian start-ups at junior levels can even go up to 50%. Many times, start-ups lack a proper system to manage and engage employees. In a run to gain wealth and popularity, they fail to comm
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Home loan: Pick HFCs over banks
DNMUM441441 | 8/19/2019 12:00:00 AM | Author : Abeer Ray | WC :897

Customers looking to borrow home loans either apply from banks or non-banking housing finance companies (NBFCs). However, seeking loans from any of them involves myriad factors that one must know.
Choosing between banks and NBFCs for home loans<
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‘It’s not a doomsday scenario for FMCG cos’
DNMUM441442 | 8/19/2019 12:00:00 AM | Author : Ashish K Tiwari | WC :1614

One of the things that the top executive of the fast-moving consumer goods (FMCG) firm Marico drives is ‘boringly consistent’ in terms of growth in volumes and profitability. Saugata Gupta, managing director and chief executive officer, Marico Ltd, i
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Over 4 lakh affordable houses unsold
DNMUM441446 | 8/19/2019 12:00:00 AM | Author : DNA Correspondent | WC :176

Mumbai: The inventory pile-up is not restricted to luxury apartments only as there are over four lakh apartments in the affordable segment still lying unsold across nine cities in the country. However, there is some good news for the latter. The dema
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St may stabilise as FPI exodus slows
DNMUM441447 | 8/19/2019 12:00:00 AM | Author : DNA Correspondent | WC :230

Mumbai: As the volatility has started showing signs of reversal on the back of reduced selling by foreign portfolio investors (FPIs), Nifty may see consolidation around 11000 this week, according to market experts.
Dharmesh Shah, head – technical
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