National University of Ireland‚ Dublin Bachelor of Science (Finance) Intake 42 Group: (B) Module: Management Research Project Essay Title: Factors affecting Staff Retention in OCBC Singapore Submitted by: Joel Zheng WeiQi Student Number: 12257128 Lecturer: Jeffrey Tan Submission Date: 30/07/13 Word Count: 4783 Assignment Submission Form Please complete and attach this form to your assignment. All assignments must be submitted on the stipulated submission date. Please add a
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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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A growing increase of nursing shortages around the world are having a huge impact on the healthcare industry. Relationships between physician and nursing staff have shown to be unstable and unsatisfactory. Proposed Solution In my research/argument paper‚ I will be arguing the various elements that nurses and physicians face‚ which could explain the decrease in job satisfaction‚ employee retention of nurses
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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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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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------------------------------------------------- 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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Retaining Employees Who Acquire a 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
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Employee Retention Strategy: How to Attract and Retain Top Performers Talent is a driving force behind Human Resource contributions to organizational success. The ability to attract and retain such talent is rapidly becoming one of the key issues for human resource managers and their organizations across the globe. High performance organizations are consistently outperforming their competitors on a number of human resource factors‚ including the level of teamwork and openness between co-workers
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over the decades just as Human Resources Management has. As the company has transformed‚ executives have adopted solutions to support their processes to improve their production and to approach integrated and coherent employment environments. The strategies of Human Resources Management have influenced management in many companies such as IKEA by making them sources of competitive advantage. The purpose of this paper is to provide a detailed description of the IKEA’s innovative Human Resources Management
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1.0 Introduction and Scenario Banyan tree hotel group was established in1994 with one single resort in Phuket‚ and in recent years ‚ it has own more than 20 resorts and hotels‚ 60 spas‚ 70 retail galleries and 3 golf courses(Banyan tree hotel group‚ 2012).As the leading of international boutique hotels‚ Banyan tree hotel group are providing the unique service combined with green conscience . In the next five years‚ Banyan tree hotel is panning to extend their business into Middle East ‚ Central
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