1. At the threshold of the Covid Pandemic had disrupted the business balances of a logistic company, M/s Highway Cargo Movers Pvt. Ltd. and finally the Management team of Highway cargo decided to restructure employees’ salary without focusing on various facets of its consequence. The basis of rethinking for re-structuring the compensation package by the Management took place, when the attrition rate shoot up drastically from 3-4% to 22% during the last 3 Month. Tejinder Kalsi, the HR head being asked to identify the reasons, take remedial measures and execute the recruitment & selection process at the earliest so that the business is hampered since many employees have already left the Co.
Tejinder was aware about the situation but his voices were not heard by senior leaders. The HR Head Tejinder advised 03 options viz-incentive scheme, restructuring of compensation for senior employees, withholding of annual increment if required, it should be very minimal level. The above suggestions were turned down. The...
