The Relationship Between Employee Benefit Management and Employee Retention
HUMAN RESOURCES MANAGEMENT
ASSESSMENT 1
Human resources is the most important resource to develop a company, there are many article of this subject release each years. In 2011, as the result from a study of 1228 employees, the article “The relationship between employee benefit management and employee retention” written by Hiroshi Yamamoto who works in Aoyama Gakuin University, Japan, analyzed clearly this issue. The author showed a certainly relation between employee benefit management and the employee retention in the condition of family-friendly policies and the difference in gender. In this essay I will analyze the main points of the article.
In the introduction, the author gave us a general definition of the terms “retention” which mean “holding, maintaining, continuation and preventing from leaving”. The author also showed us the consequences of an organization’s failure to retain the high-performing employees, i.e. registration will lead to wasting money in spending on hiring, personnel reshuffling, education/training of other employees, and also lead to decreased production, the damage is not only in a short-term but also in long term. Retention employee is important as training and developing employee. Therefore, develop a strong human resources and prevent well-training, experience employees from registration is the requirement to develop a company.
In order to keep employee retention many company apply a working style which call “family-friendly”. In general, this style satisfies the need of employees which can help them balance their career and private life. This policy takes care of the employee in both physical and mental health. Closely tied to such recent trends in organizational human resource management is the concept of employee benefit management. Employee benefits include various measures offered by organizations to their employees and their families for improving employee welfare include statutory such as insurance schemes for
ASSESSMENT 1
Human resources is the most important resource to develop a company, there are many article of this subject release each years. In 2011, as the result from a study of 1228 employees, the article “The relationship between employee benefit management and employee retention” written by Hiroshi Yamamoto who works in Aoyama Gakuin University, Japan, analyzed clearly this issue. The author showed a certainly relation between employee benefit management and the employee retention in the condition of family-friendly policies and the difference in gender. In this essay I will analyze the main points of the article.
In the introduction, the author gave us a general definition of the terms “retention” which mean “holding, maintaining, continuation and preventing from leaving”. The author also showed us the consequences of an organization’s failure to retain the high-performing employees, i.e. registration will lead to wasting money in spending on hiring, personnel reshuffling, education/training of other employees, and also lead to decreased production, the damage is not only in a short-term but also in long term. Retention employee is important as training and developing employee. Therefore, develop a strong human resources and prevent well-training, experience employees from registration is the requirement to develop a company.
In order to keep employee retention many company apply a working style which call “family-friendly”. In general, this style satisfies the need of employees which can help them balance their career and private life. This policy takes care of the employee in both physical and mental health. Closely tied to such recent trends in organizational human resource management is the concept of employee benefit management. Employee benefits include various measures offered by organizations to their employees and their families for improving employee welfare include statutory such as insurance schemes for