HRM FUNCTIONS

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employee Retention
Every person has different motivations for working. We all work because we obtain something that we need from work. The something we obtain from work impacts our morale and motivation and the quality of our lives. Here is the most recent thinking about motivation, what people want from work. Individuals who are satisfied with their job in are the key to employee retention. One of the major causes for employee’s decisions to sever themselves from organizations often begins with a sense of low job satisfaction (Adams 2010). The extent to which employees commit both emotionally and intellectually to accomplishing the work, mission and vision of the organization, how hard they work and how long they stay as a result of that commitment is defined as Employee engagement as (Buchholtz 2013).
Gildan Active wear Inc. is a manufacturer and marker of branded clothing company located in Newton Christ Church. The origin of Gildan is in Canada but has a corporate office in Barbados which is responsible for all the marketing, sales, sales support and administrative functions to drive the corporation’s sales worldwide and growth initiatives (Jones , 2014). The company has acknowledged the human resource capital in Barbados that is conducive to the maintenance and sustainability of their organizational goals. They have found high quality, well-educated employees, which enable them to successfully compete in the global textile and clothing markets. Gildan have successfully kept their employees engaged in the current economic downturn and has continued to expand their organization. The establishment has dedicated themselves to being a social responsible employer that is committed to investing in modern technology, facilities an...

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...d workforce and this involves the effective management of change. (Mullins 1985)
Conclusion
Recruitment, retention, re-deployment and retrenchment are notions at the forefront of the organisation’s strategic plans during the recessionary period. Recession may force the organization to focus mainly on retrenchment over recruitment as a first resort in an effort to cut costs. This may mean the shedding of under-performing employees and retaining those that perform. The retained employees may be trained and/or re-deployed in alignment with new strategic directions.
Recession does not only impact Human Resource Management functions negatively, but also positively.Some organizations mayadopt a new human resource management strategyin order to redefine the company’s vision during the recessionary period with the expectations of new economic empowerment after the decline.

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