ipl-logo

Executive Summary: The Reasons Of Employee Retention?

735 Words3 Pages

EXECUTIVE SUMMARY
EMPLOYEES RETENTION

Employee retention means to retain the employees in the organisations and not giving them chance to leave the organisations at any cost.
The burly block for any organisations is just not to get the best employees for the organisations, but to also retain them in the organization.
There are number of reason because of which an employee leaves or try to quit the job, some of them are:
1. The number of opportunity are increasing, now a days there are vast number of opportunities available and the employees just need to grab them for their goof future.
2. Lifestyle choice is another reason as the person are become more conscious about their standard of living and making expenses to live life comfortably they …show more content…

Uncomfortable / unbalanced work life, people now a days believe in doing multi- tasking which results in not maintain the work life, now a days employees want convent job a job which they are able to do other work too and also able to maintain the balance between work and life.

Employee retention is the process where the organization tries to motivate the employees to stay in the organization, organization tries the level best to retain the employees for a long period of time.

Any organization does not have power to stop any of its employees until or unless they have some stratify or a plan to retain the employees in the organization. Different companies have different ways of retaining the employees, but what matter is what is the plan set in the mind of the company to retain the employees.

Employees are the most important part for any organization. They are the associate degree and are the integral part of the organization, without the employees the company cannot imagine to grow and cannot additionally be ineffectual to realize something not even a single goal of the organization.

Turnovers lead to more turnovers. Herd mentality is what men and women …show more content…

The administration lacks in supplying a worker a supportive and good work culture in phrases of personal or legit relationships.

Aid: Lack of aid from superiors can frequently become a cause for the employee to no longer keep in the institution. Superiors will have to help and aid their subordinates. Management should attempt to focal point on its workers and help them no longer handiest of their unhealthy times at work but additionally via the instances of private predicament.

Hire the correct individual in right location. Empower the workers.Allow them to comprehend that they are major. Place confidence in them trust and appreciate them. Supply them expertise and talents. Give suggestions on their efficiency and admire their work and preserve their morale high. Create a comfortable and healthful environment.Employee retention is significant for the lengthy-time period, development and success of the corporations. So, eventually if we truly respect, appreciate, and treat the staff proper we can never lose them. Employee retention could be very beneficiary for the organization as well as the worker. It is the sole responsibility of the management to keep the best expertise.A single resignation saved is a profit

Show More
Related

Andrew Carnegie's Laissez-Faire: Robber Barons

744 Words | 3 Pages

Laissez-faire was a policy followed by the U.S. government that entailed the government could not take part in the affairs of businesses. Many entrepreneurs and businessmen, during the 19th century, took advantage of this, to its fullest extent. One of these men was Andrew Carnegie; an influential, wealthy businessman who became a prominent monopolist of the steel industry. However, contrary to popular belief, he was a robber baron, in that he became rich through unscrupulous acts. Carnegie exercised immoral business practices that included giving low wages to employees, lack of empathy towards his employees , and his deceitful nature.

Read More

Case Study: Drake And Keeler

578 Words | 3 Pages

Because Drake and Keeler employer meets the required standards for coverage under the LMRA through engaging in interstate commerce, the specific employee right protected by section 7 of the LMRA is that they have been wrongfully dismissed of their duties because of their protected and concerted activities. Sec. 7. [§ 157.] of LMRA offers protection to employees rights to self-organization, to be able to form, join or help labor organization to bargain collectively through various representations of their own choosing and also to engage in various concerted activities for the purpose of collective bargaining or other mutual aid protection and shall also have the right to refrain from any or all of such activities except for actions that are

Read More

The Kid In The Corner Office Summary

640 Words | 3 Pages

I think this could be avoided if employers allowed job flexibility and listened to their employees more. Many employees feel like their management does not listen to them and the things that they want. Thus causing an unstable job environment. When employees feel like they cannot be heard it makes them want to

Read More

Hrm/531 Week 4

546 Words | 3 Pages

Thirdly, I believe that flexibility is very important today with the employees, because if the working hours are not flexible, they tend to either do not prefer working here or when they get the opportunity they move out. So if wee summarize, in my experience I believe that wages, growth and flexibility are the main reasons that cause turnover in the

Read More

J. C. Penney's Organizational Culture

1033 Words | 5 Pages

When employees see they are valuable to the company and they are secure it gives them confidence and in return they give their loyalty to the

Read More

Coach Athlete Relationship Analysis

1202 Words | 5 Pages

➢ Clarify roles and reinforce rules ➢ Create positive, motivating, innovative and creative environment ➢ Create a friendly and supportive environment ➢ Show responsiveness ➢ Celebrate success (large or small) ➢ See “failure” as a learning opportunity ➢ Show adaptability and

Read More

Patient Retention In Healthcare Organizations

1162 Words | 5 Pages

Healthcare organizations (HCOs) face a number of difficulties within its organization each day, including patient acquisition and patient retention. It is commonly believed that getting individuals to their healthcare facility is the most challenging aspect that HCOs face. Of course, new patient acquisition could be a challenge without an efficient marketing strategy, but the challenge does not stop there. One of the biggest challenges for many practices today is maintaining a high patient retention rate. Pushing a patient from a one-time-visitor to becoming a frequent visitor of a specific healthcare organization involves much more effort than expected.

Read More

Primark Case Study

939 Words | 4 Pages

HR Practices of Primark Primark is clothing retailer from Ireland which has operations in Austria, Belgium, France, Germany, Ireland, Portugal, Spain, Netherlands, United Kingdom and soon the United States. The company was founded and has its headquarters in Dublin, Ireland. It has around 51,250 employees worldwide as per the latest estimates. HR Management in the 21st Century: Challenges for the Future Recruitment and development: One of the most important challenges facing global organizations in the 21st century is building the ability to attract, recruit and retain the best talents amidst huge competition with competing organizations. In order to do so the company must create an environment where everybody enjoys working and using their

Read More

Future Healthcare Leaders Case Study

460 Words | 2 Pages

b. Be willing to seek specific help: identify personal strengths and weaknesses, recognize when help is needed. c. Engage others: develop strong employee involvement, show humility, and acknowledge other employees contribution. d. Request feedback: seek counsel; engage people of influence to ensure a turnaround. e. Remain open: do not alienate people whose support you may need in the future. f. Focus in the

Read More

Business Ethics Case Study: What Is Foxconn's Ethical Issue?

803 Words | 4 Pages

Therefore, to the workers, working overtime would bring out results in not only monetary values but also emotional values of the satisfaction. This solution can only be made possible with the cooperation of the respective head departments to organize such valuable activities. Simple does not mean ineffective, simple works just

Read More

Retention In Healthcare

138 Words | 1 Pages

Without a doubt, retention remains a perennial problem for most large organizations; and in no other field is retention of qualified and dedicated professionals more critical to both the organization and its clients that the field of healthcare. Staffing hospitals, clinics and other medical facilities stands as a critical challenge due to the fact all patients need and deserve high-quality health care delivered efficiently and on time. The consequences are simply too great to consider any other possibility. Yet, hospitals and medical-care facilities seem to be suffering from a disease or high turnover rates as patient care providers leave for better opportunities or leave the field altogether due stresses caused by understaffing. Fortunately

Read More

JLL Case Study Essay

746 Words | 3 Pages

Giving due significance to Corporate social responsibility and Ethical practices. 3. Adopting newer models to reward achievers based only on results rather than on number of hours worked. 4. Giving them various opportunities to demonstrate their passion in different roles, allowing changes / rotation of roles to gain variety of experiences.

Read More

The SAS Institute Case Study: Organizational Citizenship Behaviors

826 Words | 4 Pages

In, an atmosphere where we have a good relationship with our manager, and treated justly by the manager, we are comfortable enough to trust the people around us like our peers, for instance, we are more susceptible to possess a positive citizenship behavior. A high-quality relationship with our colleague’s will propel one to go the extra mile to maintain that relationship. Absenteeism- Absenteeism is an unforeseen absence from work. Such absences are reportedly costly to companies because they can be unpredictable.

Read More

Popeyes Employee Turnover Case Study

463 Words | 2 Pages

Introduction: Popeyes is a popular fast-food chain known for its delicious fried chicken, biscuits, and sides. However, it has been facing issues with retaining employees, which has been affecting its overall performance and profitability. The purpose of this report is to analyze the problem and suggest solutions to help Popeyes improve employee retention. Problem Identification: Employee turnover is a significant challenge for the restaurant industry, and Popeyes is no exception.

Read More

Herzberg Two-Factor Theory

4219 Words | 17 Pages

This section reviews theories on employee retention. 2.2.1 Herzberg Two Factor Theory Frederick Herzberg (1959) two-factor theory is also known as the motivation-hygiene or the dual-factor theory. Herzberg’s theory states that certain factors in the organization related to the contentment of the job which provides satisfying experience for employees while separate set of hygiene factors cause dissatisfaction among employees in the workplace. The former factors are called motivators or satisfiers and include achievement, recognition, the work itself, responsibility, opportunity to do something meaningful, sense of importance, advancement and growth while the former factors are known as hygiene factors such as job security, fringe benefits, salary paid

Read More

More about Executive Summary: The Reasons Of Employee Retention?

Related Topics

Open Document