factors to attract talented employees. Why employee retention? Hiring an employee is only a first step. Building awareness of the importance of the employee retention is essential. The costs associated with employee turnover can include lost customers and businesses as well as damaged morale (The Wall Street Journal). In addition‚ there are costs incurred in screening verifying credentials and references‚ interviewing‚ hiring and training a new employee (Mythri‚ 2006). ‘Fitz-enz (1997)
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POSITIVE ORGANIZATIONAL MORALE: BENEFITS OF STRATEGIC EMPLOYEE APPRECIATION Business Management 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. The purpose of this study is to understand the importance of employee appreciation and how it directly relates to job performance in the workforce. This study will investigate the
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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
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Akah Ndang William EMPLOYEE MOTIVATION AND PERFORMANCE Ultimate Companion Limited Douala-Cameroon Bachelor’s Thesis Business Management December 2010 DESCRIPTION Date of the bachelor’s thesis 7 December 2010 Author(s) Degree programme and option Akah Ndang William Name of the bachelor’s thesis Business Management Employee Motivation and Performance Abstract The subject matter of this research; employee motivation and performance seeks to look at how best employees
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6846 Employee retention by motivation K. Sandhya1 and D. Pradeep Kumar2 1 2 Department of Humanities and Social Sciences ‚ JNTUH CEH‚ Kukatpally‚ Hyderabad-500085‚ A.P‚ India Department of Management Science‚ Madanapalle Institute of Science and Technology‚ Madanapalle‚ A.P-517325‚ India sandhyadean@yahoo.com Abstract Employee motivation is one of the important factors that can help the employer to improve employee and organizational performance. Different theories of motivation are
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Employee Engagement In an organization‚ employee engagement is necessary for a successful business. It is important that employees are happy with their positions and this is usually determined on how they are led by their superiors. This paper will discuss what employee engagement is the reasons why low employee commitment exists‚ ways to involve employees‚ types of employee engagements‚ and lastly‚ a model that will help one realize the importance of understanding how a happy staff of people
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Employee of the Month After watching “Employee of the Month‚” it was clear to see that there were two main issues. These issues were motivation and ethics and they both came up throughout the entire movie. It was almost immediately shown that moviation was an issue at the Super Club (where they all work) with almost all of the employees‚ each seemingly being motivated in a different manor. Since the main protagonist of the movie was Zack (played by Dane Cook)‚ an in-depth look at how his
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Employee retention is very important to organizations. If employees can not be retained‚ the company will have to invest money for training new employees time and time again. The cost of replacing an employee is high not only financially‚ but in terms of lost productivity‚ the time taken by the employer to go through the resumes and the cost incurred to conduct interviews. The best away to avoid this costly affair is to focus on the retention of employees as otherwise it will have a castigating effect
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Employee dissatisfaction leads to non hygienic and non favorable work environment (Mawoli & Winnubst‚ 2011). If an employee is dissatisfied to his job he/she is quitting‚ not engage in working activities rather than adapting behavior like problem solving related to their working activities and they are not fulfilling their job and work requirement because they are not satisfied and also it create bad impact on the productivity of the organization. Individual differences on small scale in an organization
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Employee engagement nowadays plays a more and more crucial role in workplace‚ as a powerful measurement of individual performance. Engaged employees are able to fully understand organisation’s objectives and goals‚ align with its interest‚ maximise their productivity. Regardless its importance‚ the literature theories of employee engagement are only been developed over the past two decades. Therefore‚ how to better apply the theories and link them to practice in workplace gets more and more concerns
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