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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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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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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------------------------------------------------- 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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Disability - A Guide for Employers. Key findings The key findings of the literature review are as follows: • Employers and line managers play a key role in developing and operating employee retention policies • Early intervention is key. Retention policies need to be integrated with absence management policies. It is good practice to be in touch with employees after three days of absence • Research suggests a tipping point is reached after six weeks’ absence in which employees become progressively
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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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RETENTION POLICY To raise the University’s academic standards‚ the University Academic Council has deemed it necessary to provide for each college a minimum Grade Point Average (GPA) which students must maintain. GUIDELINES FOR SCHOLASTIC DELINQUENCY I. Warning A student who‚ in any given semester‚ obtains failing grades or a mark of “D” in 25 percent (25%) to 49 percent (49%) of the total number of academic units enrolled in‚ shall be warned by the Dean to improve his grades and shall
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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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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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Sustainability of Apple Inc. Introduction Sustainability should mirror the culture of the organization‚ matching the organizations strategic approach to doing business. Organizations are now developing sustainability strategies and embedding them in the organizations culture. The organization understands that sustainability will play a major role in their future success/failure. Corporate Sustainability can be summed up using the Triple Bottom Line approach. The Triple bottom line theory is Financial
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