Research papers on employee retention
Help centerless log insign dy of employee retention6 pagesstudy of employee retentionuploaded bydr amit dutta connect to downloadget pdfstudy of employee retentiondownloadstudy of employee retentionuploaded bydr amit duttaloading previewsorry, preview is currently unavailable. Help new research papers in:physicschemistrybiologyhealth sciencesecologyearth sciencescognitive sciencemathematicscomputer rivacycopyrightacademia © insign upmore job boardaboutpressblogpeoplepaperstermsprivacycopyright we're hiring! Help new research papers in:physicschemistrybiologyhealth sciencesecologyearth sciencescognitive sciencemathematicscomputer rivacycopyrightacademia © search returned over 400 essays for "employee retention". Introduction problem statement all companies want to be able to retain their employees because it benefits the company in the long run. When you have a high employee turnover it means that you cannot keep employees for a long amount of time, therefore you are constantly hiring new people. High employee turnover is a problem for most companys and this is something that needs put to an end before it gets out of control (goessl).... Employees feel motivated as they believe that the company is appreciating their service and commitment. Employee retention could be defined as the length of time employees stay with the organization. The purpose of this report is to brief the management on the importance of employee satisfaction in achieving the competitive goals of the organization through increasing the retention of the employees.... We as employers are facing problems retaining key employees and keeping employee morale at a positive working level. I believe that telecommuting is a solution that should be considered to solve both employee morale issues and key employee retention issues. The results of 500 exiting employees of 5 years or less tenure documented their desire for an alternate work schedule and more succinctly, telecommuting.... A significant amount of money is spent each year in the hiring and orientation of new employees. Programs specific to welcoming and orientating new employees are referred to as new employee orientation (neo) and on-boarding. Employee turnover an observation when discussing employee turnover and retention the immediate reaction is to view turnover as a negative and retention as a positive. Psychologists have been researching and documenting their findings on the subject for over 50 years, mostly focusing on why people leave organizations (staw, 1980, p. One cannot deny there are organizational costs due to an employee’s departure; however, it would be naïve not to recognize there are benefits as well. 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 overlooks the needs of its employees and focuses only on the needs of the organization, turnover often results.... Employee retention the business environment nowadays is so competitive that companies should do their best to find appropriate employees and to create a good working team and environment, so that they can stay in business and make high profits. Managers spend a lot of time and money in finding and attracting responsible, innovative, knowledgeable, and motivated to work employees. Employee satisfaction survey analysis the issue of increasing employee turnover has been the subject of concern for abc international. The human capital department has reported a sharp increase in employee turnover for the past year and it has been decided that the best approach to resolving this matter would be to first conduct a research.
Research paper on employee satisfaction
Using these two information, abc would be able to analyze and get a big picture of how separated and current employees feel about the various aspects of the company such as compensation and benefits package, career advancement, training and education etc.... Employee retention, financial restraints and a need for more space to accomodate a growing client base. These challenges are employee retention, financial constraints, and a need for more space to accommodate their ever growing client base. Employee retention employee retention is important to the university of texas md anderson cancer center.... Employee retention has gone from sixty five percent to a staggering fifty two percent in the last two years. With this rapid growth family video must focus on how to increase the employee retention. Employee recognition and pay based on performance are just two ways on how to get started in retaining your best.... Reducing the cost of employee turnover by managing for retention employee turnover and the retention of valued employees are major problems facing business in the u. Never before has it been so critical to focus on strategies for keeping good employees. Objectives to establish a compensation package that would be fair for cathy brannen and the rest of the troupville employees. Hiring knowledgeable employees on the job is essential for an employer but keeping those employees is even more important than hiring. Companies are always searching for talented employees who have a large number of opportunities available to them. In this era, employee retention is becoming a critical issue as the result of lack of skilled labor, economic growth and employee turnover. Retention: employee retention is a practice in which the employees are convinced to stay in the organization for the most period of time or until the accomplishment of the plan. In today’s upbringing it turns out to be very imperative for organizations to retain their employees (dibble, 2000).... Introduction: today, it has become the fundamental gainsay for the organizations to retain the most talented employees. Hiring knowledgeable employees on the job is essential for an employer but keeping those employees even more important than that of hiring. There are many companies who are always searching for talented employees so such employees have no shortage of opportunities. In this era, employee retention is becoming a critical issue as the result of shortage of skilled labor, economic growth and employee turnover.... All possible help should be given to an employee that can be motivated into a change for the better. Retaining a valued employee in the organization can be just as challenging as motivating or retraining a poorly performing employee. Perhaps the main reason for a valued and desired employee to consider leaving their employee is due to dissatisfaction. In part, it is the responsibility of the human resource department to ensure that employees feel a certain level of satisfaction in their jobs.... Talent retention one of the most important things that a company can strive toward is reducing their turnover by retaining valuable talent. The people a company retains may be the most important question, special programs to hold onto high-producing employees are a wise investment for organizations, across-the-board.
Research paper on employee motivation
Strategic management plan - recruitment and retention university of phoenix- online hrm/532 human capital development in the public sector july 5, 2010 strategic management plan-recruitment and retention the strategic planning for staffing and retaining qualified personal as examined by following a few new action plans designed to attract new potential candidates. Retaining employees of varying work experience and competence requires a strategic plan of varying effects and efforts.... Introduction the relationship between employer and employees plays a pivotal role in the performance of the organization. Employers and employees have certain responsibilities towards each other which facilitate a fair and productive workplace. Unnecessary conflict may be prevented through employee involvement and treating employees in a fair manner.... A job is a contractual relationship between an employer and employee with set guidelines that entail pay, hours available, conduct and responsibilities (jones & gates, 2007; robbins & judge, 2010). Job satisfaction is how an employee feels about fulfilling their contractual obligation with the employer based on their individual evaluation of their job’s characteristics (robbins & judge, 2010). Quality of work life is more complex and is based on the intrinsic factors named above and individual psychological needs of the employee within the work environment.... In order to maintain this valuable commodity, organizations must be aware of employee satisfaction and retention. Even when utmost care is exercised in selecting the most qualified people, companies still need to devote considerable time for education, training and socialisation of employees.... Toyota has the belief that every employee should take ownership in the company by identifying quality defects and ways to improve efficiency. Toyota’s dedication to employee empowerment and quality has allowed the company to become the world’s third largest automobile manufacturer. Toyota's philosophy of empowering its workers is the centerpiece of a human resources management system that fosters creativity, continuous improvement, and innovation by encouraging employee participation, and that... The succeeding paragraphs will explain how innovations in employee benefits can improve the overall competitive compensation strategy of the organization. In order to maintain their competitive edge, companies need to fully understand that as the needs of their employee’s change, so does their benefit plans. Companies need to find innovative ways of engaging employees that encourage and support their commitment and improve their performance. Ashiedu, and scott-ladd (2010) believes that the effective utilization of strategic human resource management (shrm) can help in attraction and retentions of the teachers. Introduction the employee engagement has become a hot topic of discussion in the corporate world. Hrm practitioners have involved in quite a lot of study to understand employee engagement and its impact on the performance of the organisation. According to them, employee engagement is a level of commitment and involvement of employees towards their organisation and its value. An engaged employee works with his/her colleagues to improve their productivity within their job, for the ultimate benefit of the organisation.... The organizations in today's highly competitive market face a lot of problems related to retention and employee productivity. One of the major factors that has been identified as the root cause of this problem is the lack of employee motivation. When employees are proud of their workplace it is often because they share the values of their organization on a personal level and therefore have greater personal incentive to continually perform well. Here employees are asked to measure the degree of which they feel they can contribute to the company as a whole....
Research paper on employee turnover
Human resources leadership (team 4) worker retentions program waiwah ellison norma gladhill daniel lewis rachel luce angelica player lori ruskey abstract all organizations want to see an increase in productivity and a positive impact on the bottom line. Successful organizations realize employee retention and talent management is integral to sustaining their leadership and growth in the market place. Organizations prepare the best market strategy to increase the company performance and the ways to keep their employee motivation on the highest level to perform well within the competition. Creating and implementing of incentive pay system supports to solve organizational problems to align the preferences of business and employees.... If rewards are not in direct proportion to achievement, employees often will find jobs at organizations where they will be rewarded accordingly. Hence, this paper will focus upon three strategies of human resource management (hrm), that is, attraction, motivation, and retention.... Employee motivation is the level of energy, commitment, and creativity that a company's workers apply to their jobs. In the increasingly competitive business environment of recent years, finding ways to motivate employees has become a pressing concern for many managers. In fact, a number of different theories and methods of employee motivation have emerged, ranging from monetary incentives to increased involvement and empowerment. Employee motivation can sometimes be particularly problematic for small businesses, where the owner often has spent so many years building a company that he/she finds it difficult to delegate meaningful responsibilities to others.... Employee incentives with today's workforce becoming increasingly diverse and organisations doing more to maximise the benefits of the differences in employees, human resource managers are evolving from the "old school" sideline player to the front-line fighters. What is the real cost of employee turnover the employee turnover rate and the retention of skilled employees is a major problem businesses face. Conservative estimates put the cost of replacing a lost employee at 25 percent of the annual compensation amount. For the typical full time employee who earns $38,481 and receives $50,025 in total compensation, the total cost of turnover would amount to $12,506 per employee. This being the case employee turnover is a major cost and can significantly influence the bottom line so it should be avoided if possible.... Other facilities like medical and insurance, family benefits, canteen, transportation are taking other palaces for reasons to stay of the employees. Performance appraisal is a method, which is evaluated by employer or manager to understand the quality of employee’s work. It helps organization to classify employees according to their performances, so the employer can understand the deficient areas that employees need to be trained. By the feedback of appraisal, employer can determine which employee will be promoted, retained, detained, or fired. New employee orientation program determine at least three (3) objectives with measurable criteria for the orientation program. New employee orientations are conducted to assist new hires to quickly adjust and understand their new work environment in order to become productive member of the organization. New employee orientations are designed to train and prepare employees to perform their jobs effectively, learn about the organization, and establish work relations (noe, hollenbeck, gerhart, & wright, 2014).... The study of employee voluntary turnover is an important organizational issue that has received great attention for many decades. According to mobley (1982), when an employee decides to leave, many effects can occur to the organization and to employees. Researchers studying turnover have identified a vast number of variables scattered throughout the turnover and work attitude literature (griffeth, hom & gaertner, 2000; maertz, & griffeth, 2004).
According to steel (2002), most of the qualitatively relevant core models focused on job attitudes as the main reason for leaving, and were based on march and simon’s model (1958) that dissatisfaction ultimately influences employee turnover (mobley,... Each form includes a description of the form and its key characteristics, advantages and disadvantages with respect to the following categories: liability, income taxes, longevity, control, profit retention, location (expansion) and convenience. Generally the sole proprietor acts as chief manager in all aspects of the business, but may employee others to run the business.... The eligibility of employees must be carefully evaluated and a few simple tools can be utilized in order to do this. This paper will describe; neo and on-board retention, neo and on-boarding retention practices, outcome with entrepreneurships, and finally program development.... According to the sri lankan employees act, processes should be executed without the impairment of the prescribed rule and regulations.... Workforce planning includes forecasting future workforce needs, creating job descriptions through analysis of the knowledge, skills, and abilities (ksas) needed to meet those needs, identification of qualified current and potential employees, and development of tactical staffing plans... Of vertical mobility on employee efficiency: a comparative study of public and private health sectors. One of the most crucial fields of study here, in the 20th century, has been the crucial link between job satisfaction and employee productivity.... They need to prepare best market strategy to improve the company performance and the ways to keep their employees motivation on the highest level to perform well within the competition. Creating and implementing of incentive pay system supports to resolve organizational problems for to align the preferences of organization and employees.... Effective employee performance is crucial in safeguarding the competitive positioning of an organization in the marketplace. In a move to promote productivity, the hr manager has implemented an employee engagement policy with the aim of enhancing workplace satisfaction, motivation and thus employee retention.... The retention of professionals and overall employee satisfaction has been affected by the recent economical changes. Negligent hiring is generally found where the employee who caused the injury has had a reputation on record that showed their potential to misuse any kind of responsibility. If a patient or another employee can prove there is a record of previous negligence on the guilty employee, the hospital or health care organization can be held responsible for the negligent acts of their employee.... These benefits may include improved communications, knowledgeable employees, increased productivity, and improved employee satisfaction levels. This training could also have impact on employee retention, thus lowering turnover rates, which can cause a company valuable time and money. In designing these types of programs, a company should assess the needs of itself and employees.... When major changes occur at the company there has not been a great deal of communication to their employee base and as a result resentment can occur and it takes longer for employees to accept the changes. An employee from pharmerica presented us with an example of this; as stated earlier pharmerica is the second largest player in its industry, the other is omnicare. Introduction the organization’s goals and missions can be effectively accomplished if the employees are adequately involved in their operations. 349) claim that the employee being the main factor that determines whether the organization excels or not, should be treated in a manner that will make him improve his willingness to perfect his work. Performance of an organization is dependent on three factors: the first factor is the inputs which is a category of employees who offer their skills, knowledge and competence.... Losing employees can have a significant impact on a company’s morale, productivity and overall profit.
In fact, each time one of your employees walks out your door for the last time, it can cost your company anywhere from $25,000 for entry level positions, up to $250,000 for a senior level positions.... Human resource management can best be described as the area of an organization that is responsible for recruiting, training, motivating, and retaining employees. Every enterprise no matter how small or big has a human resources department some of the responsibilities or human resources, and the reason of their importance to every company, are hiring, dismissing, taking care of the employees through payroll, benefits, and not to forget staying up to date with labour and tax laws.... Employee retention is a process in which the employees are encouraged to remain with the organization for the maximum period of time. Retention of human resource is beneficial for the organization as well as for the individual too.... The first is proposed by robbins (2005), who defines the concept of empowerment as a ‘participative management, delegation and the granting of power to lower level employees to make and enforce decisions’. Another definition that considers the relational view of employee empowerment is provided by brymar (1991) as ‘a process of decentralizing decision-making in an organisation, whereby managers give more discretion and autonomy to the front line employees’.... Inconsistency in the workplace encourages dissatisfaction and the displeasure of other employees as it affects workload. Of 4th year ece students to the implications of the proposed abolishment of the retention grade. This paper will examine the definition of each type of employee and pay then examine how schwab handles the relationship with each. The subject for this essay is an article by donald hillman titled, the 3 r’s of managing millennial employees – recruit, relate, retain. Hillman implies that managing millennial employees is typically ineffective because of limited or poor research conducted on what motivates the younger generations of employees. This ignorance by many managers results in conflict and dissent by the millennial generation and ultimately leads to issues with employee retention (hillman).... The potential ramifications for the employer can be costly when employees succumb to internal and external stressors. To effectively combat job stress and develop a comprehensive stress management program, organizations must be cognizant of several areas that may be contributing factors to an employee’s stress level. Internally, organizations should review the employee’s workload and ensure that they have the necessary skills to complete the tasks they are expected to complete (ornelas & kleiner, 2003).... Another study by researchers shader, broome, broome, west and nash entitled “factors influencing satisfaction and anticipated turnover for nurses in an academic medical center” involves the investigation of the relationship between nurse retention and factors such as work satisfaction, stress, age, schedule, and cohesion among employees (2001). The researchers performed a cross-sectional study in which nurses from a university hospital were asked to complete a questionnaire. Many times, the best way to achieve these goals is to downsize or layoff several employees. Employees must be marketable and employable and having one set of skills is usually not sufficient to maintain a career in today’s economy. Our free enter the title keyword:Blue ocean research approved ocean journals are now approved by university grant commission, copernicus icv 2015 - 69. Objective of perusing this study is to assess the level of satisfaction of employee retention techniques at gb engineering enterprises pvt limited. It is desirable state of existence involving retention strategies generally fall in to one of four categories salary, working conditions, job enrichment and education. Addressing these issues demands a specialized approach in developing retention strategies, or the reality is the academic libraries may begin losing talented employees to non-library employers who can offer higher-paying jobs with better working study the opinion of the employee about the various aspect of the company. There is no significant association between educational qualification of the respondents and their overall retention techniques.
This indicates that majority 55 %t of the respondents felt that the retention techniques of management are high and others felt its ee retention n robbins: - ``organizational behavior sultan and chand, 6th mathis:``human resource management 2nd edition,Executive retention feburary 2006, vol.