Reference no: EM131394554 , Length: 3500 Words

Write A Report on "Importance of Retaining Talented Employees within the Organizations"

Words Limit: 3500
Minimum References: 15

Globalization process has shown major impact upon the organizations and initiated companies in creating a competitive market environment across the global markets. In this specific situation, in order to compete with the competitors and get competitive advantages, the human resources of the organizations play vital role. Every organization has its own employees where few talented employees play a significant role in the organization success. Retaining and motivating the talented employees has greater significance among the entire human resource activities of the organizations. Employee retention is the process of identifying the needs of the employees and offering support accordingly.

This paper involves the key discussions about the overview of employee retention process and the core concepts involved in it. The paper explores about the role played by the employee retention process in retaining the talented employees for the organization success. New recommendations are being suggested in terms of effective employee retention strategies for retaining the employees effectively.