Applied H.R.M. Research‚ 2003‚ Volume 8‚ Number 2‚ pages 63-72 Organizational Application Managing Employee Retention as a Strategy for Increasing Organizational Competitiveness Sunil Ramlall‚ Ph.D. University of St. Thomas Research indicates that the total cost of employee turnover is about 150% of an employee’s salary. Because of this high cost of turnover‚ the organization that is the focus of this article sought to understand their employee’s turnover intentions and the reasons for the potential
Premium Job satisfaction Employment Management
RESOURCES MARKETING ORGANIZATION & CULTU TION & CULTURE MANAGING TECHNOLOGY FINANCE & ACCOUNTING MARKETING STRATEGY & COMPETITION M Honing & ACCOUNTING MARKETING MARKETING ORGANIZATION & CULTURE MANAGING TECHNOLOGY FINANC FINANCEYour Competitive Edge Employee Motivation A Powerful New Model by Nitin Nohria‚ Boris Groysberg‚ and Linda-Eling Lee 78 Harvard Business Review G | GETTING PEOPLE TO DO THEIR BEST WORK‚ even in trying cir- cumstances‚ is one of managers’ most enduring and slippery
Premium Harvard Business School Motivation Management
SUMMER TRAINING PROJECT REPORT ON “EMPLOYEE SATISFACTION” {Submitted in partial fulfillment for the award of degree of B.B.A}
Premium Management Textile manufacturing Job satisfaction
Employee empowerment is one of the management practices in today’s corporate business environment. It is a habit of allocating ideas‚ profit‚ recognition and control the costs with employees. According to the management theory of Kanter‚ mentioned by Rodriguez (2011) that by sharing power it will not only improve personal job satisfaction but also benefit the organization as a whole. The involvement and participation will allow them to gain greater job satisfaction and more committed to the organization’s
Premium Management
Evaluating Employee Performance Most companies conduct formal evaluations of every employee at least once a year. At such times‚ each employee meets individually with his or her supervisor‚ and the supervisor reviews and discusses each employee’s job performance. The supervisor often prepares and presents a written evaluation to the employee‚ and a copy of the evaluation is kept in the employee’s personnel file. The evaluation process serves a number of important purposes for both employees and
Premium Human resource management
Issue - July 2011] Employee Development and Its Affect on Employee Performance A Conceptual Framework Abdul Hameed Aamer Waheed Lecturer Management Sciences‚ COMSATS Institute of Information Technology Park Road‚ Islamabad‚ Pakistan E-mail: abdulhameed@comsats.edu.pk Abstract Employee is a key element of the organization. The success or failure of the organization depends on employee performance. Therefore‚ organizations are investing huge amount of money on employee development. This
Premium Organizational studies and human resource management Management Human resource management
Employee Empowerment: Organizational Achievement Through Employee Engagement Management of Human Resources MGT-331-CL02 Ronnie Ramirez April 20‚ 2014 Dr. Kathryn Adamson‚ PhD. TABLE OF CONTENTS I. Introduction 2 II. Issues Addressed 2-4 III. Analysis of Issues
Premium Decision making
Employee benefits 1.) Pogi Company has established a defined benefit pension plan for its employees. Annual payments under the pension plan are equal to 3% of an employee’s highest lifetime salary multiplied by the number of years with the entity. An employee’s salary in 2011 was P500‚000. The employee is expected to retire in 10 years‚ and the salary increase are expected to average 4% per year during the period. On December 31‚ 2011‚ the employee has worked for 15 years‚ The future value
Premium Pension
Employee Involvement The direct participation of staff to help an organization fulfill its mission and meet its objectives by applying their own ideas‚ expertise‚ and efforts towards solving problems and making decisions. From this definition‚ participation can include representative participation‚ direct communication‚ and upward problem solving. We will focus on the latter two categories because this article is more about understanding outcomes‚ tools‚ and methods. \The direct participation of
Premium Management Motivation
Define Industrial relations. The Word industrial Relations has two terms‚ ”Industry” which refers to the productive activity which any individual or group or individuals are engaged and the word “Relations” represents the relationship between in the industry between the employer and the employee. Industrial Relations explains the relationships between the management and the employees directly or indirectly to the employer. Mainly IR cares about the relations between employers and the worker within
Premium Employment Contract Trade union