Employee Retention is the ability of organizations to prevent employee turnover using different strategies to ensure stability of the organization and optimize costs
Of the employee's salary is what it would cost an organization to rehire a candidate
Average Attrition Rate of Indian Companies this year
The number of companies that face challenges in retaining employees in India
An effective retention strategy begins with focusing on employee engagement and satisfaction, along with scope of their growth in the organization, which increases productivity and eventually reduces turnovers.
Statistically, high employee turnover means higher hiring costs. Building a habitat where employees can communicate freely and have clarity about their roles contributes towards higher retention rates, thus reducing the cost of hiring new candidates.
A key aspect of employee retention is maintaining a consistent work culture where employees can grow and learn. In order to maximize productivity, we need to build a solid feedback structure along with an open and interactive space for employees to communicate.
Drive a rewards and recognition culture where your employees are not only engaged, but are motivated to give their best for your organization.
Stay connected with your employees by keeping a track of their sentiments and supporting them when required!
Capture the pulse of your employees by taking surveys and implementing game changing decisions!
Measure the impact of your employee engagement program with our detailed reports and intuitive dashboards!
Create a positive ecosystem where employees receive quality feedback and are rewarded for their contributions
Bond with your peers by sharing the amazing stories on our very own social network where you can also like, share and comment!
Celebrate all the special moments in your life, now also with your peers!
We provide a modern digital experience for your workforce by seamlessly integrating with your existing software like Microsoft Teams, Google Workspace, etc., and with our open API, you'll be able to bring the Vega HR magic to almost every part of your businessView all integrations
Understand from the words of our customers what they feel about us
"Vega HR has been one of the most highly engaging, encouraging, and enjoyable experiences we could give our employees in terms of rewards and recognition. The entire team is quick, flexible, and always helpful.”
Devansh Lakhani Founder
"Vega HR provides instant gratification. I love the simplicity of being able to appreciate someone in a breeze. It has helped us keep a high standard for productivity and ensured that we value and reward good performances.”
"Vega Rewards has many features which help boost employee morale and improve engagement by recognizing and rewarding good performance with many prizes such as coupons, certificates, and awards.”
Employee BenefitsBusiness Head