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Need And Importance Of Employee Retention In Organization Related To Human Resource Management
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Book Synopsis NEED AND IMPORTANCE OF EMPLOYEE RETENTION IN ORGANIZATION RELATED TO HUMAN RESOURCE MANAGEMENT by : S.Tephillah vasantham
Download or read book NEED AND IMPORTANCE OF EMPLOYEE RETENTION IN ORGANIZATION RELATED TO HUMAN RESOURCE MANAGEMENT written by S.Tephillah vasantham and published by Lulu.com. This book was released on with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Why Employees Stay by : Vincent S. Flowers
Download or read book Why Employees Stay written by Vincent S. Flowers and published by . This book was released on 1973-01-01 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Employee Retention Management. Instruments of Human Resources in the view of current developments by : Isabelle Klippert
Download or read book Employee Retention Management. Instruments of Human Resources in the view of current developments written by Isabelle Klippert and published by GRIN Verlag. This book was released on 2014-05-27 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2014 in the subject Leadership and Human Resources - Miscellaneous, grade: 1,7, University of applied sciences Frankfurt a. M., course: International Management, language: English, abstract: "We have to get used to the thought that companies are much more dependent on their best employees than the good people from the company.” With reference to this statement made by Peter Drucker in 2002, the contribution of employees to a company’s success and their growing independence from current employer takes on greater significance in the management of human resources. Already in the 1990s, the war for talents has been declared on the basis of decreasing resources of employees who own valuable qualifications on behalf of organisational success. Employers nowadays are growingly confronted with economic circumstances influencing the quantity and quality of their workforce. Thus, demographic changes will modify the composition of employee workforces, while globalisation will enable employees to rapidly change their place of employment. In addition, organisations are likely to counteract skill shortages and increasing readiness of employees to leave an employer for a more profitable offer. With regard to these global developments, the work of HR management is to implement a specified form of management strategy in order to maintain experienced and valuable employees within the organisation, as well as to ensure continuing productivity. Similar to the common practiced customer relationship management aiming at establishing a stable customer base and associated higher profitability, employee retention management transfers experiences in retaining promising customers to human resource processes and therefore focuses on employees as an additional crucial element in corporate success. Basically, there is a growing consensus that the retention of employees is a key determinant of further strategic competitiveness and longterm success of a company. In fact, various surveys among human resource departments agree in their findings that the retention of employees will be prioritised in further human resource strategies. In order to counteract employees’ willingness to leave their employer, retention management intends to respond appropriately to employees’ needs by means of individualised incentives which are considered to improve the employees’ conformity and loyalty with the employer. Thus, the elaboration of the variety of possible instruments presented in this thesis may lead organisations in their development towards a strategic concept enhancing the organisations’ attractiveness as an employer which will enable organisations to current economic influences.
Download or read book Retention written by Peter R. Garber and published by Human Resource Development. This book was released on 2008 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts predict a serious shortage of employees in the United States over the next decade as Baby Boomers begin to retire. If retaining people isn't one of your top priorities, Retention will convince you to make it one immediately. Peter Garber delivers hundreds of low-cost ways to reduce employee turnover and provide a more motivating work environment - one that will make employees look forward to coming to work each day. In nine chapters, the book focuses on two challenges: How to keep employees from going to another organization and keep them interested and focused on their jobs. This book is part of the HR Skills Series designed to help managers plan for and manage changes in such areas as consumer demand, workforce turnover, and production and performance standards.
Book Synopsis Managing Employee Retention by : Jack J. Phillips
Download or read book Managing Employee Retention written by Jack J. Phillips and published by Routledge. This book was released on 2004-02-18 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past decade, employee turnover has become a very serious problem for organizations. Managing retention and keeping the turnover rate below target and industry norms is one of the most challenging issues facing business. All indications point toward the issue compounding in the future and, even as economic times change, turnover will continue to be an important issue for most job groups. Yet despite these facts employee turnover continues to be the most unappreciated and undervalued issue facing business leaders. There are a variety of reasons for this, for example, the true cost of employee turnover is often underestimated. The causes of turnover are not adequately identified, and solutions are often not matched with the causes, so they fail. Preventive measures are either not in place or do not target the issues properly, and therefore have little or no effect, and a method for measuring progress and identifying a monetary value (ROI) on retention does not exist in most organizations. 'Managing Employee Retention' is a practical guide for managers to retain their talented employees. It shows how to manage and monitor turnover and how to develop the ROI of keeping your talent using innovative retention programs. The book presents a logical process of managing retention, from identifying turnover costs and causes, designing solutions that match the causes of turnover, developing tools for tracking turnover and placing alerts when action is needed, and measuring the ROI of retention programs.
Book Synopsis Managing Employee Turnover by : David G. Allen
Download or read book Managing Employee Turnover written by David G. Allen and published by Business Expert Press. This book was released on 2012-09-04 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employee turnover can be expensive, disruptive, and damaging to organizational success. Despite the importance of successfully managing turnover, many retention management efforts are based on misleading or incomplete data, generic best practices that don’t translate, or managerial gut instinct at odds with research evidence. This book culminates volumes of academic research on employee turnover into a practical guide to managing retention. Turnover fictions are dispelled and replaced by research-based facts. Keys to diagnosing and managing employee turnover are presented such that you can effectively manage employee retention today. These ideas will be invaluable to you and anyone who cares about the impact of turnover on the organization, including the CEO who is looking at the impact on the bottom line, managers who suffer when their best talent leaves, and human resource professionals whose career success may depend on effectively managing turnover.
Book Synopsis Psychology of Retention by : Melinde Coetzee
Download or read book Psychology of Retention written by Melinde Coetzee and published by Springer. This book was released on 2018-08-30 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a contemporary review of talent retention from the viewpoint of human resource management and industrial/organisational psychology. With a practical and relevant perspective it enriches critical knowledge and insight in the psychology of talent retention. It offers interpretation of difficult factors facing organisations such as the conceptualisation of talent, the forecasting of talent demand and supply, external and internal factors that influence talent attraction, development and retention, the alignment between talent management and business strategy. Also covered is the implementation of human resource practices and strategies in response to the needs of different organisational contexts and workforce characteristics. The chapter contributions will not only enrich knowledge and insight in the complex phenomenon of talent retention, but also advance new original ways of thinking and researching this critically important area of inquiry. The book is intended for graduate students and researchers as an overview of the topic of talent retention, practitioners will also find it informative.
Author :Patricia Pulliam Phillips Publisher :Association for Talent Development ISBN 13 :1607289083 Total Pages :195 pages Book Rating :4.6/5 (72 download)
Book Synopsis Retaining Your Best Employees (In Action Case Study Series) by : Patricia Pulliam Phillips
Download or read book Retaining Your Best Employees (In Action Case Study Series) written by Patricia Pulliam Phillips and published by Association for Talent Development. This book was released on 2023-05-26 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keeping and retaining your best, high-performing employees is tough. But here's a resource that helps you take the best retention strategies from other organizations and apply them to your own situation. Explore what others are doing about managing retention, and learn about retention's impact on the individual employee who has chosen to leave or has been forced to leave an organization. This book includes 10 case studies on important topics, such as using recognition to manage retention, reinvigorating a mature company and using an internal degree program to reduce turnover.
Book Synopsis Keeping Your Valuable Employees by : Suzanne Dibble
Download or read book Keeping Your Valuable Employees written by Suzanne Dibble and published by John Wiley & Sons. This book was released on 1999-09-23 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ein Buch für die Praxis! Es setzt sich mit den wichtigsten Problemen auseinander, mit denen HR Manager von heute konfrontiert sind: Wie behält man wertvolle Mitarbeiter angesichts des unerbittlichen Wettbewerbs um qualifizierte Arbeitskräfte. Arbeitnehmer sind sehr verschieden und ebenso verschieden ist ihre Abgrenzung von Berufs- und Privatleben. Deshalb müssen Unternehmen Bedingungen entwerfen, durchsetzen und gewährleisten, die flexibel genug sind, die Besten zu verpflichten und auch zu behalten. Dieser Leitfaden liefert Ihnen Methoden und Techniken zur Bindung von Mitarbeitern und sagt Ihnen genau, wie das funktioniert. Anhand eines systematischen Ansatzes lernen Sie, das neue Arbeitsverhältnis zu verstehen, richtig darauf zu reagieren und Hindernisse zu überwinden. (10/99)
Book Synopsis Employee Retention in Change Management Processes. Practical Experience by : Michael Kurwan
Download or read book Employee Retention in Change Management Processes. Practical Experience written by Michael Kurwan and published by GRIN Verlag. This book was released on 2023-04-21 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Document from the year 2023 in the subject Leadership and Human Resources - Leadership, , language: English, abstract: Retaining employees for the long term within the framework of change management processes is a challenging management task. In change management processes, a fundamental distinction must be made between incremental change management and radical change management. While incremental change happens continuously and is integrated into everyday work, radical change represents a strategic realignment of the company, which is predominantly associated with staff reductions and is intended to change the corporate culture. This is particularly true in the case of turnarounds, where cost-cutting programs play a crucial role in ensuring the long-term survival of the company. Employees are more willing to go along with incremental change, also known as continuous improvement, than with radical change, as these could also be affected by staff reductions. This stirs up fears among employees and therefore often leads to high turnover. Therefore, it is important for management to actively involve employees in the changes to empower them to act as change agents so that they can actively shape the change. To do this, it is crucial to identify the key personnel that a company cannot do without. The management and key personnel are given the task of actively accompanying the company's employees on the journey of change so that the company can grow sustainably again from a lower level after the strategic realignment so that the remaining employees have a prosperous future. Open communication and excellent transparency on the part of the management, which should also act as a unit, help to bring the employees along on the change journey in a targeted manner. However, experience has shown that 50% of all change management projects in the industry fail and 20% are implemented inadequately due to two crucial reasons, namely power struggles within management and resistance from employees. For this reason, it is imperative that a company's management team select a leadership coalition of similarly rational members who also have sufficient empathy to successfully manage the change management process, which must be done together with employees and should not be directed against them. The guiding coalition should develop a common strategic vision and practice a participative way of working involving everyone, since the goal of transformation is to change the thinking of employees, and transformation can only be brought about together with employees.
Book Synopsis The Vital Role of Employee Retention in Human Resource Management by : Ali Ahmed Qayed Al-Emadi
Download or read book The Vital Role of Employee Retention in Human Resource Management written by Ali Ahmed Qayed Al-Emadi and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A review of the literature on employee retention was made to determine within which theoretical frameworks it is relevant to discuss the issue of employee retention; what factors can influence the employees' decision to stay with the organization in the public sector; what factors can affect the employees' decision to shift to the semiprivate sector; and what HRM practices can influence employee retention positively. Examination of the recent researches is important to assess how HRM policies implemented in Qatar in 2009 can affect employee retention in the public sector. The literature review on employee retention management demonstrates that retention can be influenced by effective HRM practices in the sphere of training and development, performance appraisals, recognition, and promotion opportunities. Literature on the linkage between engagement, commitment and retention is organized in a separate section to state the role of focusing on employees' satisfaction and commitment to promote retention. The discussion of issues of turnover and challenges related to employee retention is also identified in the literature to present the gap in HRM that needs to be addressed with effective HRM practices. Finally, the review provides directions for further research in the field.
Book Synopsis Employee Retention and Turnover by : Peter W. Hom
Download or read book Employee Retention and Turnover written by Peter W. Hom and published by Routledge. This book was released on 2019-08-28 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This exploration of what employee turnover is, why it happens, and what it means for companies and employees draws together contemporary and classic theories and research to present a well-rounded perspective on employee retention and turnover. The book uses models such as job embeddedness theory, proximal withdrawal states, and context-emergent turnover theory, as well as highlights cultural differences affecting global differences in turnover. Employee Retention and Turnover contextualises the issue of turnover, its causes and its consequences, before discussing underrepresented antecedents of turnover, key aspects of retention and methods for regulating turnover, and future research directions. Ideal for both academics and advanced students of industrial/organizational psychology, Employee Retention and Turnover is essential for understanding the past, present, and future of turnover and related research.
Author :Robert Eisenberger Publisher :American Psychological Association (APA) ISBN 13 :9781433809330 Total Pages :0 pages Book Rating :4.8/5 (93 download)
Book Synopsis Perceived Organizational Support by : Robert Eisenberger
Download or read book Perceived Organizational Support written by Robert Eisenberger and published by American Psychological Association (APA). This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's constantly changing work environment is fraught with job uncertainty, frequent mergers and acquisitions, and a general breakdown of trust between employer and employee. More than ever, it is critical for managers to proactively shift away from devaluing employees as marginal capital to empowering them as human capital. Perceived organizational support-employees' perception of how much an organization values their contribution and cares about their well-being-mutually benefits both employees and their organizations and is integral to sustainable employer–employee relationships. Using organizational support theory and evidence gathered from hundreds of studies, Eisenberger and Stinglhamber demonstrate how perceived organizational support affects employees' well-being, the positivity of their orientation toward the organization and work, and behavioral outcomes favorable to the organization. The authors illustrate these findings with employee experiences and strategic approaches of major organizations such as Southwest Airlines, Wal-Mart, Costco, and Google. Organizational psychologists, management consultants, managers, and graduate students will obtain a clear understanding of perceived organizational support and the practical knowledge needed to foster its development and positive outcomes.
Book Synopsis The Employee Retention Handbook by : Stephen Taylor
Download or read book The Employee Retention Handbook written by Stephen Taylor and published by CIPD Publishing. This book was released on 2002 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Staff turnover is a key issue for HR executives. It costs your organisation money and time. Stephen Taylor looks at the causes of staff turnover and the most effective ways of measuring, costing, predicting and preventing it. With six detailed case studies covering retailers, graduates, engineers, professional services, call centres and the police, this book offers you effective approaches to solve your retention issues.
Book Synopsis Effects of Human Resource Management Practices on Job Satisfaction and Retention by : Joyce Issa El Khoury
Download or read book Effects of Human Resource Management Practices on Job Satisfaction and Retention written by Joyce Issa El Khoury and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Retention management is a highly topical subject and an important dilemma many organizations might face in the future, if not facing it already. We believe that the leader plays a key role in employee retention and retention management. The purpose of the thesis is to investigate and analyze how company leaders today can retain their key employees and how can the provision of key human resources develop a long-term relationship that makes top employees stay in the company. The study aims to establish the procedure leaders apply to retain employees. This study attempted the impact of Human Resource Management practices by collecting data according to employees' perceptions through a structured questionnaire. All factors treated: employee training, performances based compensation, compensation and social benefits, evaluation and employee involvement in decision making are strongly dependent to employee retention. Leaders and their skill in creating a culture of retention, has become a key in why people stay and what usually drives them away from a company. The leader has become the main factor in what motivates people's decision to stay or leave. For organizations to keep its key employees, their number one priority should be to look at their management, because people leave managers and not companies. Characteristics in a leader that are of importance, as the leader plays a key role in retention management is: trust builder, esteem builder, communicator, talent developer and coach, and talent finder. The leader's relation to the employees plays a central role in retaining employees, because employees need to feel involvement, well trained and receiving fair compensations and social benefits. When retention is a core value, good things happen for customers, employees, and the company.
Book Synopsis Rethinking Human Resources Management during and post COVID-19 Era. Effect of the Pandemic on Employee Retention by : Sara Alkfiri
Download or read book Rethinking Human Resources Management during and post COVID-19 Era. Effect of the Pandemic on Employee Retention written by Sara Alkfiri and published by GRIN Verlag. This book was released on 2022-09-29 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2020 in the subject Leadership and Human Resources - Leadership, , language: English, abstract: The purpose of this research is to explain the effect of the current pandemic on employee retention and, also, to evaluate the performance of the management and human resource development. This business report has been prepared and focused only on three strategic management theories that can be employed in order to minimize employee turnover during these unprecedented times. The main objective being targeted in this research is to assess how to ensure that employees are contributing efficiently and effectively to organizational goals through a virtual workplace and the techniques that the human resource department can employ in order to keep workers motivated and loyal to the organization. The project discusses the use of motivation theories such as Maslow’s hierarchy of needs, EVP; Resource based view and achievement of socio political goals of a corporation.
Book Synopsis Human Resource (Talent) Development by : Ronald R. Sims
Download or read book Human Resource (Talent) Development written by Ronald R. Sims and published by IAP. This book was released on 2023-01-01 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapidly transforming environment that we live in has made human resource development (HRD) all the more necessary for the success of today’s organizations. HRD initiatives help their organizations by developing employees who assist their organizations in not only surviving, but thriving in our increasingly global world. Today’s best practice or benchmarked organizations and their HRD professionals continue to recognize the importance of employee learning, knowledge, skills and motivation to organizational success. This recognition increasingly opens many doors as organizational leaders accept the fact that HRD initiatives can be used to ensure that organization members have what it takes to successfully meet the demands that confront them and their organizations. This book takes the position that HRD can demonstrate how their initiatives help to develop a superior workforce so that the organization and its individual employees can accomplish their strategic and operational goals in service to their clients or customers. This book is written with the belief that HRD professionals have many opportunities to learn, change and find ways both in and outside of the workplace to contribute to the development of learning organizations as we move further into the 21st century. A major point of this book is that HRD will continue to become more and more important to organizational success when one considers the increased responsibilities HRD professionals have taken on during and post- the COVID pandemic. The primary audience for this book is practicing HRM and HRD professionals, and other organizational leaders. The book provides proven ideas important to demonstrating the value of HRD. From a practical viewpoint, it is based on actual experience, a strong research base, and accepted practices presented in an easy to read form. A second target audience is students of HRD and HRM who are preparing for careers in this important field. This book will help them develop a solid foundation to the study of HRD practices or initiatives that are key to HRD success regardless of the type of organization. A third target audience is managers or leaders at all levels of an organization who are expected to take on a number of HRD responsibilities (e.g., as trainers, coaches, mentors, change agents, and so on) while regularly partnering with HRD professionals. It offers these individuals a firsthand look at what they should expect of their HRD functions or areas and how they can effectively work with HRD professionals in their organizations to achieve the organizations strategic goals by getting the most out of its human people.
