How to Retain Top Performers
The Economic Times Speaks with Anita Belani
Shreya Biswas from the Economic Times recently sat down with Anita Belani to discuss how to retain top performers amidst a tough business environment and a fierce war for talent.
Thinking long term in compensation and performance rewards is one key way to retain employees according to Anita Belani, India country manager for Russell Reynolds Associates,
Stock options, deferred payouts or phased bonuses are the best options. "It hedges the company from the current drain on resources and retains those valuable to the organisation," says Anita Belani, country manager, Russell Reynolds Associates, India.
Anita Belani also advocates offering select training and education programs to enhance skills, career building experiences such as cross-functional and board exposure, and other innovative soft rewards programs such as awards, to keep employees motivated and forward thinking.
Read the full article at The Economic Times to learn more about retaining top executive talent.
About Russell Reynolds Associates
Leadership for a Changing World. In today’s global business environment, success is driven by the talent, vision and leadership capabilities of senior executives. Russell Reynolds Associates is a leading global executive search and assessment firm with more than 300 consultants based in 40 offices worldwide. Our consultants work closely with public and private organizations to assess and recruit senior executives and board members to drive long-term growth and success. Our in-depth knowledge of major industries and our clients’ specific business challenges, combined with our understanding of who and what make an effective leader, ensures that our clients secure the best leadership teams for the ongoing success of their businesses. www.russellreynolds.com