Question

What are some ways in which companies can attract and retain employees

Answer 1

-Appropriate salaries
-Appropriate working conditions

Answer 2

Answer:

Step-by-step explanation:

There are some ways in which companies can attract and retain employees.

Some can be monetary and others can be non monetary.

Monetary benefits are:

i) Incentives

ii) Perquisites

iii) Bonus

iv) Increase in salaries every year

Non monetary things include:

i) Lunch benefits (providing nutritious diet during lunch)

ii) Free medical check up

iii) Reimbursement of medical/hospitalisation expenses of dependents

iv) Training

v) WOrking conditions kept good both physically and psychologically meaning premises condition, air condition, sceneries on wall,etc.

Psychological includes ensuring a feeling of security, belongingness and also proper motivation.