Presented by
Author: SHYMALA.J Lecturer, Garden City College, Bangalore
Mail Id: shymala.j@gardencitycollege.edu & shyamvino25@gmail.com
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RETENTION OF KNOWLEDGE WORKER
NEED BETTER MANAGEMENT………
ABSTRACT The purpose of this report is to portrait , the major challenge for an organization is to create new strategies to retain its Valuable, Experienced &Talented employees. The management can control employees quitting within no time, but can’t put a complete full stop to it…… The major burden is on HR MANAGER ,the role of HR manager’s role has become very crucial. They need to attract, mold, develop, retain and fulfill the expectations of "knowledge workers". It has become evident that the application of effective HRM practices in managing them can only lead the organization towards success. * This study Focus on, Role of the HR manager in following effective HRM practices. * Challenges faced by them in managing to retain a talented employee / Knowledge Worker, * A few suggestions to create new strategy to retain a talented employee would also be discussed .These objectives will be addressed in the following manner. * First, the literature on Knowledge worker & Knowledge management is reviewed. * Next, there is a discussion about Strategies to be followed by the HR Manager in Managing Knowledge worker * This is followed by the Retention of the Knowledge worker, problems & suggestions for the same * Finally, strategies for HR Managers to retain their knowledge workers along with concluding remarks, are presented.
INTRODUCTION
Nowadays, organizations are capitalizing on knowledge-based work and knowledge workers are regarded as "Intellectual Capital".
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