The company wanted to conduct a manpower study, documenting specific demographic and salary of all employees.
HR Anexi’s audit led to a shocking finding: more than 10% of the workforce continued to receive their salaries even after quitting the company years ago. When the company finally cleared its books on employee accounts, they generated a savings of INR 20 lakhs within a single year. The company was able to streamline its manpower structure, remove layers that were either redundant or non-functional.
With more realistic...levels, its business units recorded an improvement as high as 12% in employee productivity and retention.