Compensation and Reward Policies to Attract & Retain the Talent Pool

"The Client" is an Enterpreneurial setup headquartered at Chandigarh. They are a core product development company providing services to industry segments including Bio-Informatics, Embedded systems, Networking and Wireless, Logistics and Transportation. "The Client" has grown in terms of number of people and revenues phenomenally in the last two years.

"The Client" had an interesting issue at hand. Like any other start up, it was not a big brand nor a large scale operation.. However, what it surely was, was a ‘cutting edge technology company’. This meant that they had to attract & retain the best of talent with little frills of the large IT organizations. To compound matters, they are headquartered at Chandigarh, a place with actual dearth of IT professionals as compared to Gurgaon, Bangalore or Hyderabad.

Our People Factor Team got going, had long brainstorming sessions and looked at an exhaustive set of ‘facilitators & inhibitors’ for Mobera to attract & hold talent. We came up with a solutions menu with their financial implications… 

And this is what the Co- Founder had to say, “Bang On! We’ll implement all these policies suggested by you. They are exactly what we needed.”