How to control shrinkage Manage attrition

Question

Accepted Answer

To control shrinkage, implement inventory management systems, conduct regular audits, train employees on theft prevention. To manage attrition, offer competitive salaries, provide growth opportunities, create a positive work environment.

Implement inventory management systems to track stock levels and identify discrepancies
Conduct regular audits to check for any missing or stolen items
Train employees on theft prevention techniques and the importance of reporting any suspicious activity
Offer competitive salaries and benefits to retain employees
Provide growth opportunities and career development programs to motivate employees
Create a positive work environment with open communication and recognition for good performance

How to control shrinkage Manage attrition

Popular interview questions of Team Lead

Top HR questions asked in Girnar Care Team Lead