Hay Group offers solution for better talent management

Hay Group’s Practice Leader for Reward Services (India and South Asia) Sridhar Ganesan said that firms should have a robust talent management framework.

“Our solution — Hay Group Spectrum — focuses on three key factors — work alignment,work value and work fit,” he noted.

The aim is to help companies on the best ways to reward people besides ensuring that jobs are aligned to the overall organisation structure.

According to Hay Group,the solution looks at employee engagement,motivation,job design and rewards,among others.

Attrition rates have been on the rise in recent times and are estimated to be in double digits.