Banking and Financial Services
Inconsistent Performance management processes,
High employee turnover, Low score on Culture survey
One of our international clients - a large-sized BFSI company - was experiencing high employee turnover and inconsistent productivity across various business functions. Despite investing in talent acquisition initiatives, the company found it difficult to retain talent, leading to increased hiring and retraining costs, loss of high-quality talent, and project delays. The leadership identified the need for a more structured Performance Management system that would not only assess performance but also drive engagement, development, and retention.
