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The Importance of being a GooglerGoogle is the only dotcom to achieve the rare distinction of zero percent employee turnover. Rapidly expanding global economies and the IT boom have created record levels of employee turnover. Many surveys indicate that the numero uno issue is finding and retaining good employees. Since employee turnover costs money, ways to retain them and minimise the cost must be a priority for HR professionals. However, dotcoms
have been the worst hit by employee turnover. Thus, it is surprising
to note that Google, the choice search engine for most, has a zero
employee turnover. What is more, it receives almost 100 fresh resumes
each day. All this, despite hardly any advertising Out of the 5 professionals who constitute the HR, three of them are involved in recruitment, another helps the HR head, Stacy Sullivan, to handle documentation while the fifth member of the HR team is a contract recruiter. Sullivan says that they have compensation consultants to coordinate their employee benefits and compensation programmes. The
California-based dotcom company is willing to share its little secrets
with the rest of the business world. It says the contributing factors
for this seemingly impossible task are: A three-week
long vacation other than sick time based on need is one of the
benefits package offered to them. Ms. Sullivan arrived at this package
after a lot of benchmarking. "We wanted to be over-competitive. And
most people seem to like the separation of vacation and sick time",
says Stacy Sullivan. Employee
relations However,
Googlers do not have it easy. They do log in their share of late
nights, too. The rest of the requirement is catered to by the 'buzz'. The company
emphasises on its product than marketing, which is more of 'word of
mouth'. The buzz created by such strategy brings in more recruits as
seen by the resumes they receive each day. Google does not have a retention policy. It does not need one. Moral
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