Provide an overview of the importance of retention

Reference no: EM131103908

Human Resources staff and all of management are tasked with retention of staff. Turnover is costly. Some managers are natural retention experts; others need help. Most of all, managers need to become conscious of their critical role in retaining talented employees. They need to be held accountable for building a culture of retention in their departments. HR has to lead retention efforts by making managers the owners of this process; responsible and accountable for keeping good employees. You are their recruiter tasked with assisting your managers with their retention efforts. What are some retention strategies you would suggest to them?

After reading this assignment, conduct independent research to help support your paper. Then in a 2 - 3 page paper address the following:

• Provide an overview of the importance of retention

• Identify and explain 3 costs associated with turnover

• Describe your retention recommendations

• Provide your conclusion and make sure to address the importance of retention efforts in human resources

• Be sure to use APA style with at least two sources cited.

Reference no: EM131103908

Questions Cloud

Information from a sender to a receiver : Communication is the transfer of information from a sender to a receiver, with the information being understood by the receiver. In this process what is the term associated with the selection of appropriate symbols, such as words, numbers or digit..

Provide an overview of the human resources technology : Provide an overview of the human resources technology used at Costco, Describe what assessment methods they use and Your conclusion on the importance of HR technology.

How has this event affected the prosperity of the firm : How has this event affected the prosperity of the firm and the owners of the factors of production employed by the firm? Explain.

Question regarding the average and exponential smoothing : Question 1: Discuss the differences between moving average and exponential smoothing. When will you use one over the other? Question 2: List some of the random components you can expect in the demand of beer?

Provide an overview of the importance of retention : HR has to lead retention efforts by making managers the owners of this process; responsible and accountable for keeping good employees. You are their recruiter tasked with assisting your managers with their retention efforts. What are some retenti..

Explain the target market including geographical location : Explain the target market including geographical location, shopping habits, and the different types of circumstances in which the product will be used.

What is las vegas selling : 1. What is Las Vegas selling? What are visitors really buying? Discuss these questions in terms of the core benefit, actual product, and augmented product levels.

How many workers should this firm hire why : Fill out columns three and four of the table above (the marginal product of labor and the value of the marginal product of labor when the price of output equals $3 per mug).

The most important function of information technology : The most important function of information technology (IT) for the managed care organization (MCO) is to support the business of the MCO. How the IT department aligns with the operational dynamics of the MCO is a vital management consideration.

User Account

All Pages