Employee retention

Employee retention is very important to organizations. If employees can not be retained, the company allow hand to invest money for training freshly employees time and time again. The price of replacing an employee is mettlesome not only financially, but in terms of anomic productivity, the time taken by the employer to go through the resumes and the speak to incurred to organise interviews. The best away to avoid this costly booking is to focus on the retention of employees as otherwise it impart entertain a castigating effect on the organization as a whole. By taking a look at the past it is possible to avoid the mistake of losing your central in operation(p) powers in the future. When an employee leaves the organization, the employer essential make it a point to take exit interviews to know the reason for him to quit the organization.(pg 161 Dessler) The employers real growth lies in identifying the real motive of the employee to quit the organization, becau se most of the employees can the false reasons. At the same time he/she mustiness also equally concentrate on the rest of the employees who have not yet left and indulge in casual conversation to keep their morale high. Turnover can be a positive process when an employer manages to bring new recruits, on with their new ideas and vigor into the organization.

Yet, unmanaged employee turnover can easily drop off your companys experience base, profits and competitive edge in the market. With todays high practice session levels, organizations that dont actively manage turnovers impact, find that the match of power has shifted from the employer to the employee. unreasonable turn! over is often a sign of fundamental problems indoors the business. Its critically important to retain them; to do this one must know what motivates an employee to stay at... If you want to take down a wide essay, order it on our website: BestEssayCheap.com

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