This is one thing that I watched when I was working with big group. The owners had big vision and they were building world class company. The factory location was not in city. They had build whole self sufficient town where their employees could reside. The factory was very near from their residence and hence employees loved it. Still there would be some attrition because of the location or due to higher salaries offered by competitors or mere family pressure. To tackle this, they made a good arrangement.
First of all, they brought one good school in the town, so that employees children studied there. Then they also made arrangements for their wives to work in their factory. The roles were small, and there was flexibility in working. For example, roles like documentation, secretary, planning, HR, etc. These roles would be light one and would be done easily for wives who were graduates but did not work till then. The flexibility of time offered convenience to the wives so that they could make tiffin or could pick up their kid, etc. The work also gave extra money to the wives. Consider the scenario. There is this whole family shifting to this factory location. The chief earner has a salary of say - 50000. The wife would be given a salary of 10-15000. The total salary for family went in the range of 60-65000, depending on the role that the wife got. Now, if he has to look for better option, he will not look w.r.t. 50000, but he will have new benchmark of 60-65000 and then will have his options cut out.
Thus, the owners, with their beautiful vision decreased the attrition rate dramatically, improved lives of the families and increased the confidence of the ladies too.Sometimes, you have to think beyond to make change.
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