HR Innovation - MIT ID Innovation
                     5 Innovative Ideas For 
HR
MITID Innovation
HR, as the manager of the workforce in 
the company, has a big responsibility to 
manage. Therefore, to keep up with the 
changing time, it is essential to upgrade 
the game with HR innovation for 
implementing amazing and innovative 
ideas, new ways, and efficient 
technologies to meet the organization's 
upcoming requirements. 
It's about anticipating future 
requirements and circumstances instead 
of simply finding a response to a current 
changing situation.
From hiring the new and best employees 
efficiently, keeping them on the job 
enthusiastically, training them strategically 
for various purposes, and engaging all the 
hired employees thoughtfully, there are 
too many opportunities to stand out with 
creative HR innovation.
Therefore, to help you with it, we have 
covered some fresh, innovative ideas -
Want to Keep Your Best 
Employees? Offer Them 
Cash to Quit
If you want to keep your best employees, 
use the 'offer them cash to quit.' When it 
comes to hiring and firing, there is a non-
written rule that most companies follow, 
which is to hire quickly and fire slowly. 
Cash to quit is a unique idea that ensures 
only those employees who actually want to 
stay, remain with the company. 
Creating a positive and healthy work 
environment allows you to develop a great 
work environment for employee satisfaction.
Develop Mentorship 
Programs To Engage 
The Deloitte MilleEnnmialp Sluorvyeye 2e016 stated 
that the millennials who plan to perform the 
job for more than five years at a company 
are two times more likely to have a mentor. 
Having someone as your mentor is a good 
innovation culture. This innovation 
framework is better for understanding 
the business environment.  
Welcome New Hires With High-
Fives
As per the Academy of Management 
Journal study, when people start a new job, 
they have a higher level of potential and 
support; they're more positive and more 
productive. The amazing idea is to greet the 
newcomers on their first day at the office so 
that it feels home for them. This proves to 
be really useful when it comes to 
entrepreneurship. 
Increase Retention with 
Company Sponsored Personal 
HDeaevvy eSalolaprym, boenutses, accessible 
transportation services, and various 
insurance benefits are just a few of the 
items in a classic package. But things are 
changing, as modern companies have 
developed new and creative ways of 
attracting top talent. 
Create Feedback and 
Evaluations to Help Your 
FoErgmet pablouyt perevisou s  outdated 360-degree 
feedback systems. Hoping to improve a 
company's standards simply by supplying 
anonymous feedback on a leader's 
shortcomings without any detailed info won't 
work anymore. When providing feedback, 
make sure that it must be Specific, 
Measurable, Actionable, Relevant.
The data clearly underlines that the best 
innovation strategies for employees will help 
to quickly adapt to changes to support 
innovation culture. With a similar 
perspective, many institutions are offering 
courses to promoteinnovation, and MIT ID 
Innovation is one such elite educational 
institution known to offer excellence in 
knowledge and exposure for students. 
So, if quality and excellence are your 
ambitions, MIT ID Innovation is the decision 
you should make.
Conclusion
MIT ID Innovation Programme curates 
knowledge and experiences that 
challenge the very paradigm of evolution. 
And that's why we have set out to define 
the future of industries, communities, 
cities and ecosystems. MIT ID Innovation 
offers the best Innovation Courses.
We’d love to 
hear
from you.
MIT INSTITUTE OF DESIGN
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