Friday, February 02, 2007

Shoppers’ Stop ties up with business schools to train and retain staff

Shopper’s Stop will be tying up with business schools such as Symbiosis and Manipal Institute, so that its ground level staff can earn professional degrees. The company has been doing salary corrections in an effort to retain its staff, with most salaries increasing by 20-35%. As part of the retention plan, the company will be offering career development options to its employees. The company will be investing between Rs 60,000-80,000 for a graduation program of three years and Rs 150,000-170,000 for an MBA degree.

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