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Employee retention has been at the fore front of Human resource strategies in recent times. Worldwide, organizations seeking competitive advantage by leveraging human capital had to learn to hold on to the best talents in the business. With the looming prospect of the labour market tightening further, organizations will be hard pressed to find enduring remedies to the dysfunctional employee turnover. They will also have to sustain conditions that include long term employee commitment and membership behaviour. Long term Human resource management interventions using behavioural understandings are, therefore, required to establish new work ethics and to build greater employee commitment.
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Describe key principles/issues that you identify from this topic area; Identify criticisms of this principles/issues; Discuss the principles/issues implications for and application
IDENTIFY AND ANALYZE SIX GROUPS OF STAKEHOLDERS IN THE BUSINESS
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• Discuss how the successful mergers affects the following areas of HR; • HR planning • Selection • Compensation • Performance Appraisal • Training and Development • Labour Relatio
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