educated people. Forty-three percent of 1‚200 global CEOs surveyed by PwC late last year said hiring workers had become more difficult. A quarter of more than 300 U.S. employers in a Deloitte survey in December said the shortage‚ motivation‚ and retention of qualified talent was the most significant challenge they would face in the next three years‚ up from 16% a year earlier. "We are in a talent crunch that is being felt across the world‚" Ed Boswell‚ U.S. Advisory People and Change practice leader
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Retention After choosing the most suitable employees for the company‚ the most important things are to prevent the advanced employees from leaving the company and also have liquidity of employees in order to keep company’s innovation. There are some factors will affect the employees’ retention‚ including reward and recognition‚ promotion and opportunity for growth‚ leadership and compensation (Bidisha Lahkar Das and Dr. Mukulesh Baruah‚ 2013). 1. Reward and recognition It is obvious that a company
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Running head: CASE STUDY: EMPLOYEE RETENTION 1 �PAGE � Employee Retention � PAGE �2� Employee Retention April 10‚ 2012 � This is a critique is based on two articles‚ in which addresses the issues of employee retention and suggestions for the motivation and engagement of employees in the hospitality industry. The first article is titled "Targeted employee retention: Performance-based and job-related differences in reported reasons for staying" by Hausknecht‚ Rodda‚ and Howard (2009)‚ in which
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manager and crew tenure are relative to site-location factors in determining store-level financial performance. Recommend the most convenient alternative to increase employee retention: a.- Increasing wages b.- Bonus program c.- Training programs d.- Career development programs Financial impact of employee tenure The correlations of manager tenure (+0.44) and crew tenure (+0.26) with profits show that there is a clear positive financial effect of increasing tenure. Though
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RESEARCH IN BUSINESS VOL 3‚ NO 8 LOSING YOUR BEST TALENT: EMPLOYEE RETENTION THE DILEMMA OF TEXTILE INDUSTRY A CASE OF TEXTILE SECTOR Dr. Nadeem Sohail Principal‚ College of Commerce‚ GC University Faisalabad‚ Pakistan Aysha Muneer Research Scholar‚ Superior University Lahore‚ Pakistan Yasir Tanveer Lecturer‚ College of Commerce‚ GC University Faisalabad‚ Pakistan Hussain Tariq Lecturer‚ College of Commerce‚ GC University Faisalabad‚ Pakistan Abstract Retention of employees is one of
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INTRODUCTION Background of the Study Employees are a valuable asset to any organization. It is essential to protect this vital resource as talented and motivated employees play a crucial role in overall growth and success of the organization. Retention of key employees is critical to the long term health and success of any organization. Focusing on employee retention techniques can positively impact the organization as it increases employee productivity‚ performance‚ quality of work
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Chapter - i INTRODUCTION OF THE STUDY 1 CHAPTER I INTRODUCTION OF THE STUDY 1. Introduction The project work titled‚ “A Study on Employee Retention Techniques among employes in Salem District Milk Producers Union Limited”. The main objective of this study is to evaluate the employee turnover level of the company. Employee is not an economic factor but a total personality having his own feelings and a sense of responsibilities
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Chapter 1 Introduction 1.1 INTRODUCTION In these changing times both the employee & employer are under tremendous pressure to perform. There is fierce competition not only in the industry but also across categories. This new liberalized cutting edge technology driven environment has made employee retention mind-boggling. The fast pacing change across the globe has made the new employee & employer relationship irreversible. However all corporations not only in IT sector but also traditional
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| List of Contents |1. |Executive Summary | | |About company | |2. |Company profile | |3. |Jindal group profile | |4. |JSPL awards & recognitions
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EMPLOYEE RETENTION STRATEGIES: Abstract: Every organization invests time and money to groom a new joinee‚ train his employee’s & make ready material competent with the existing employees. All organizations aim to serve the needs of the people. All organizations are not only run by employees‚ but also it is the employees in it at various levels who bring success to the organization in these modern times. Hence retention of the employees within the system is necessary. The organization
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