Our people are the primary assets that we have, naturally a lot of our thought goes into ensuring that the right people are recruited, hired and retained, Our culture is one that parallels the early PeopleSoft culture – we are employee and customer centric, facilitating an atmosphere of trust and professionalism conducive to successful relationships between employees, management and customers.
The management team always has an open door to employees and the rapport we’ve created across our team is one of respect and collaboration. Our practice of placing more junior resources with more senior ones facilitates a spirit of teamwork and the knowledge that each individual can move up the value chain to his/her highest level of competency. In addition to offering unending paths to continuous improvement in terms of core competencies, we also offer frequent social gatherings and athletic events to foster team-building and creative stimulus. In summary, our culture is one of hard work and hard play as a team always striving for more. We have the following measures in place to ensure right talent is hired and kept motivated during their Marevol careers.
Since Marevol as an organization focuses on a lot of competencies, we have come up with an unique system to ensure the skill level in various competency areas are maintained at the highest possible level. Each of the competency is managed by a senior consultant and is held responsible for constantly training and mentoring all the junior consultants who make up the competency group. Our competency management structure also helps us in developing the secondary level of leadership within our organization. Our overall employee attrition rate is in the single digits and has been at this level since our beginning. It is one of the lowest in the industry due to our diligent efforts to qualify well upfront in the value chain of hiring. HR Recruiting ensures we have sufficient employee prospect pipeline which enables us to choose only the best. There has been tremendous word of mouth hiring which has happened in the recent past since employees have started to believe that Marevol is extremely employee centric and they haven’t hesitated to bring in their acquaintances via referrals. We follow a rigorous hiring process before the final candidates are chosen. While loaded salaries for Marevol employees have been slightly better than industry averages, our most successful recruitment tool has actually been the vision and the core value system in which the entire organization firmly believes and executes on a day-to-day basis. At Marevol, regardless of the cost, every effort is made to retain those consultants who our customers repeatedly admire. In addition to the Company’s vision and core value system, we offer stock options for those employees who consistently excel – this is another method of employee incentive to give their very best to our clients. This top tier of employees provides examples, motivation and leadership to remainder of our employees. They are also placed on enough exciting projects with the super achievers so that they are motivated to continually grow with Marevol.