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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Zimbabwe Retail Sector: A look at some of the challenges presented by good economy growth. By Girland Chibaya A recent Economic Report for Africa mentioned that Zimbabwe is now ranked among the top 10 economic performers in Africa. While this is good news‚ what does this mean especially to those South African retail companies that are looking into investing in the country. A recent trend has shown that most retailers are starting to pay more attention to store growth to both South Africa and Sub-Saharan
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A study on employee retention strategies of Financial Service Providers in India with special focus on Generation Y expectations Research Proposal Submitted for the Admission of the Doctor of Philosophy In Management By Miss. PallaviZagade (PET Seat No: 10134 ) Assistant Professor‚ Sheila Raheja School Of Business Management And Research‚ Khernagar‚ Bandra (East)‚ Mumbai 400051 Proposed title of research A study on employee retention strategies of Financial Service Providers
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------------------------------------------------- Role of Motivation in Employee Retention Employee retention involves various steps taken to retain an employee who wishes to move on. An employee must find his job challenging and as per his interest to excel at work and stay with the organization for a longer period of time. The management plays an important role in retaining the talented employees who are familiar with the working conditions of the organization and thus perform better than the
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corporate philosophy of treating employees well (Zinni‚ et al.‚ 2011‚ p. 86). A long term employee of Baytech accords the success of the organization with practices that include competitive wages and benefits‚ good communications‚ healthy union-management relations‚ feedback from the company on performance‚ a good work environment and safe workplace‚ job satisfaction‚ and training opportunities. While Baytech’s retention strategy aids them in maintaining a low turnover rate‚ their corporate philosophy is
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OBJECTIVES OF THE STUDY * Understanding retail staff in terms of knowledge‚ skill‚ attributes * design exercise for testing competencies * Defining the factors for success in jobs (i.e.‚ work) and work roles within the organization * Assessing the current performance and future development needs of persons holding jobs and roles REASON TO CHOOSE THIS PARTICULAR TOPIC: Over the past 10 years‚ human resource and organizational development professionals have generated a lot of interest
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Room Division Management Essay: Employee retention & Hospitality Industry Group: Bindiya Salat (19176) Executive Summary * Employee retention is a process in which the employees are encouraged to remain with the organization for the maximum period of time. * Employee retention is beneficial for the organization as well as the employee. * As soon as employees feel dissatisfied with the current employer or the job‚ they switch over to the next job especially in hotel
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have been developed to guide you‚ the reader‚ to the core issues covered in this book. THE OBJECTIVES OF THIS BOOK ARE: ❑ 1) To communicate the importance of keeping employees— and keeping them satisfied ❑ 2) To introduce “the three Rs” of employee retention—respect‚ recognition‚ and rewards—and explain what each entails ❑ 3) To convey why respect is essential to keeping employees ❑ 4) To provide tools for readers to assess current efforts ❑ 5) To empower the reader to immediately begin improving
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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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Managing Employee Retention and Turnover Employee retention has always been an important focus for human resource managers. Once a company has invested time and money to recruit and train a good employee‚ it is in their own best interest to retain that employee‚ to further develop and motivate him so that he continues to provide value to the organization. But‚ employers must also recognize and tend to what is in the best interest of their employees‚ if they intend to keep them. When a company
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