As revealed from DKSH’s exit interviews with employees conducted since 2021, traditional salaries and benefits no longer are efficient to keep employees attached to the organization. HR teams need to understand and find new ways to retain employees.
These new initiatives are not just temporary but must be developed as key programs in the overall HR strategy to enrich people’s lives by creating sustainable value for business partners and generating employment.
Taking Vietnam as an example, there is a standardized approach, advanced human resource policies, and relevant programs specifically designed for the Vietnamese market and specific industries. From the recent survey on the work environment at DKSH carried out in May 2022, 91 percent of employees agreed that: "The company is a good place for people with big ambitions who want to stay and develop in the long term."
This highlights the effectiveness of the company’s HR innovations and the open workplace culture practiced in the organization.