Globalization of talent

Companies dangle cheap loans to retain young talent - The Economic Times: "HR managements are constantly innovating on ways to keep young managers, in the 25-35 age group, from flying the coop. Their latest move is to give them access to loans for asset buys, marriage and education at a subsidised rate.

Bangalore-based IT services firm MphasiS, for instance, is in talks with ICICI to provide a loan at interest 5% lower than market rates. The incentive is likely to be rolled out in the next 90 days. The company zeroed in on the employees adfter it found 70% of its 40,000-strong workforce to be below 29 years - prime candidates for bank loans on marriage, higher education and property."