employer branding: innovative tm strategies

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ECU 2011 Singapore - 19th & 20th October 2011 G P Rao Employer Branding: Innovative TM Strategies M&D of TALENT GP Rao Head- Management Services, Recron Malaysia Sdn Bhd

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M&D of TALENT. Employer Branding: Innovative TM Strategies. GP Rao Head- Management Services, Recron Malaysia Sdn Bhd. Our Parent Company RIL. USD in bn. India’s largest private sector enterprise. Recron Malaysia Sdn Bhd. Kuala Lumpur Head Office 200 employees. Melaka - PowerPoint PPT Presentation

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Page 1: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

Employer Branding:Innovative TM Strategies

M&D ofTALENT

GP RaoHead- Management Services,

Recron Malaysia Sdn Bhd

Page 2: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao2

Our Parent Company RIL

India’s largest private sector enterprise

Revenue 58

Net Profit 4.5

Cash Profit 7.7

PBDIT 9.2

Exports 32.9

Market Cap 76.9

USD in bn

Page 3: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao3

Recron Malaysia Sdn Bhd

3

• Nilai190 acres5500 employees

• Melaka 40 acres1800 employees

• Kuala LumpurHead Office200 employees

World’s Largest Integrated Polyester & Textiles ComplexSales : USD 1 bn : 91 % exports

Page 4: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao4

47%

22%

28%

1%

1%

1%Nationalities

MalaysiansBanglaVietnameseIndonasianNepalOthers

Nationalities Total Employees

Malaysians 3492

Bangladeshi 1625

Vietnamese 2109

Indonasians 107

Others 64

Total 7425

Recron Malaysia : Nationality Mix of Employees

Page 5: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao5

71%

14%

8%7%

Age

<35

35<40

40<45

45+

Age Mix Total Employees<35 524435<40 106740<45 57245+ 542

Total 7425

Recron Malaysia :Age Mix of employees

Page 6: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao6

Levels Total Employees

Gem Mgr 38

Mgr/AM 69

SC/ASC 221

Offr/Engr etc 531

Worker Supervisors 343

Worker Leaders 975

Techn/Gen.Workers 5248

Total 7425

0%1%3%

7% 5%

13%

71%

Levels

Gem Mgr

Mgr/AM

SC/ASC

Offr/Engr etc

Worker Supervisors

Worker Leaders

Techn/Gen.Workers

Recron Malaysia :Level Mix of Employees

Page 7: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

Recruitment & SelectionPerformance managementTrainingLeadership DevelopmentSuccession PlanningRewards ManagementCareer Management

Tale

nt M

anag

emen

t

Page 8: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao 8

1.Aspire

2.Articulate

3. Assess

4.Accept5. Align

6.Accelerate

7.Ascent

Page 9: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao9

Need to

balance

Must

Go

Must

Retain

Need toPerform more

Protect the Culture

PERFORMANCE

Employee Types

Weight Carriers

Weight Carriers

2. 1.

4. 3.

Page 10: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

Why Employees’ staying or leaving is so critical

• People Power being the Winning Edge• Cost of Replacement is very high

– Recruitment– Loss of Productivity– Cost of Training– Public Relations Cost

• Customer acquisition & retention depends upon continuity of employees

• Attraction of Talent is higher where Talent retention is higher.

• Succession Planning succeeds• Strengthening of Intellectual Capital

10

Page 11: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

Employees staying back

• No-option• Detention• Coercion• Pretention• Convention• Resolution• RetentionEngaged, Empowered, Excited and Enlightened Employee Ensuring Excellence

11

Page 12: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

RewardsEmpowermentTrustEcstasyNurturing climateTransparencyInnovative atmosphereOpennessNew challenges

Why TALENTMarriageStays?

Page 13: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

Employees leaving• Termination• Superannuation• Convention• Resolution• Induced separation• Resignation/ Voluntary separationLoss of useful resources whose replacement cost is higher and deeper

13

Page 14: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

Sure waysto work towards divorcingTALENT

TensionApathyLopsidednessEmotional-tyrannyNegativityTimeless confusion

Page 15: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

Indian Thoughts, Corporate Solutions

Tie upsAttractionLeverageEnthusiasmNoveltyTransformation

Akshay-patraYog-samrajyamYogdanUthsahNaveentaPunaruthaan

Page 16: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

Innovative Retention Strategies adopted by different organisations

• Culture Fit tests• Time Off for “ Give Back” activities• Opportunities to try out entrepreneurial abilities• Continued Education• Non-financial motivation schemes• Support for Wok-life balance• Creative Destruction Ideas & “Speak out” Schemes• Involvement of Families• Reach out during distress• Long-term benefits• Informal activities/ Fun at Workplace

16

Page 17: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

RECRON

Recruit “Aptitude” vs Experience: AttractionEmployee Involvement: AssimilationCareer Planning & Development: AccelerationRewards & Recognition: AppreciationOptimization of Strengths: AlignmentNew Challenges: Assertion

Our actions @

Page 18: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao18

Page 19: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao19

Company Profile

EmployeeProfile

Why PeopleLeave Why People

Stay

TMFramework

Indian Thoughts

Benchmarks

Room for Improvement

In lieu of Summar

y

What works

Transformation of Recron

1

Page 20: Employer Branding: Innovative  TM Strategies

ECU 2011 Singapore - 19th & 20th October 2011G P Rao

[email protected]

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