Amid global layoffs and firms looking for options to switch, retaining talented employees has been a major challenge for companies. However, Kailash Nad, CTO of online stock trading firm Zerodha, believes that ‘human decency’ is the only way to stop employees from quitting.
Amid global layoffs and firms looking for options to switch, retaining talented employees has been a major challenge for companies. However, Kailash Nad, CTO of online stock trading firm Zerodha, believes that ‘human decency’ is the only way to stop employees from quitting.
The firm says only two of the 33 employees on the tech team have left in the last 10 years. Sharing the secret of its employee retention rate, Kailash Nadh said that no formula has helped the company retain its talent over the years.
The firm says only two of the 33 employees on the tech team have left in the last 10 years. Sharing the secret of its employee retention rate, Kailash Nadh said that no formula has helped the company retain its talent over the years.
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“There’s no formula. I think the key is that we don’t look at people as a resource or talent. We don’t even use the word talent. It’s not our structure. It’s a group of people who hang out with each other, who have the right philosophies, who match well with each other. No pretense. It’s human decency, I think and a clear focus on building relationships. In fact, any real Not a formula monocontrol Nadh was quoted as saying during the India Fintech Conclave on March 7.
When asked how a firm can ensure that it can maintain its current infrastructure and continue to grow, Nadh pointed out that it was possible for even a small team to build huge systems.
“I think it’s a misconception that the number of people in a technical or engineering team grows linearly with the organization in terms of financial transactions or number of users or revenue. In fact, for a small team to scale But it is absolutely possible to build a system.” That scale is really massive. To me, if an engineering team grows exponentially as the company and its business grow, it’s a bit of an anomaly.