e industries. To retain the best talent in the industry, the organizations in these industries are spending a lot in terms of giving the employees the best facilities, the best incentives and the best remuneration. The rewards are directly related to the performance of the employee in the organization. In terms of incentives, the firms have come up with the concept of Employee Stock Option Plans (ESOPs), which has become a buzzword today. ESOP is an effective mean to give sense of ownership to the employees. Flexible timing is another mantra espoused by these organizations to give full freedom to the employees to work at timings convenient to them. These organizations stress a lot on innovation and flexibility which is directly related to the job satisfaction of the employees.The organizations also espouse the philosophy of ‘Corporate Governance’ where the company’s most important responsibility is to maximize the shareholder’s value by becoming more disciplined and ethical. This demands more accountability and transparency on the part of management that needs to be permeated to the grassroots level of the organizational culture.A lot of stress is given to learnability of the employees and that's why the organizations stress a lot on training activities of the employees. Hence a lot of stress is given on knowledge sharing among the employees. It's not only the technical skill of the employee that needs to be continuously updated but also the inter-personal skills that needs to be refined at regular intervals. The employees in these industries are frequently sent abroad to the client side where they represent the organization vis--vis its work culture. Loyalty to an organization has become outdated with the culture of job-hopping pervading almost every organization. In organizations where employees remain hooked to their desks and social interaction is very less, there are a number of activities and parties organi...
