Employee retention

everywhereVIEW In these changing times both(prenominal) the employee & employer argon to a glare site tremendous pressure to perform. There is fierce contest not plainly in the industry plainly likewise crossways categories. This modern liberalized cutting edge technology set purlieu has made employee retention mind-boggling. The fast pacing change crossways the globe has made the new employee & employer relationship irreversible. DEFINITION: An stiff Employee Retention Program is a placementatic effort to gain and harbor an environs that encourages employees to remain employed by having policies and practices in place that address their diverse needs. FRAMEWORK OF EMPLOYEE RETENTION The entire hunt down through of keeping gift is built on a role model consisting of three heads: The present times remove seen a stem change in the style of work. The radical value system of an individual has changed. In this competitive environment the co rporate dead body must reassert itself. The actually entity called corporation is to be explicitly understood. The organizational approach to staffing, its ethics policy, and compensation package, 11 fringe benefits sluice the pathos of the organization can be turned towards its advantage. The fashion in which a corporation portrays its image is the beginning of the talent keeping process.

The employee was at once treated merely as an asset, but today he is treated as family as a unique individual. His aspirations, goals, ambitions, are all given pivotal importance. This is the new employee arrangement that governs the market of today. This is the ! very ground on which both the employee & organization meet. phonate understanding of market structure, the emergence of intermediaries, their scotch implications, the government policy. This defines the very environment in which the organization functions. FACTORS causing EMPLOYEE TURN OVER: IMPORTANCE OF EMPLOYEE RETENTION: Retention is so important. It just to constrain the turnover costs. Its not only the...If you want to demand a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper