Northrop Grumman's Retention Strategy

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Why is it important to hire and retain the best talent for Northrop Grumman and what is the best way to do it? The company's competitive edge depends on the strength of leaders. Hiring, managing, and retaining top talent, needs to be at the core of company success, now and into the future. When good employees leave the company, the company loses in many ways. The departure may trigger the need for a replacement. Money and other resources will be required to hire and to train a new employee and get them up-to-speed on the corporate culture and within individual work groups. Likewise, the longer a top performing employee contributes to projects, programs and daily operations, the more valuable they become to company success. When the employee …show more content…

Most importantly however, mentoring enables aspiring employees to reach their potential and become future leaders of the organization. Again, employee perception of an investment in their future will produce a compelling retention incentive. Overall, mentoring is a key retention strategy, especially for the young …show more content…

Establishing guidelines for a flexible work agreement will optimize employee work-life balance away from the traditional office environment. By implementing flexible work arrangements, the company is communicating its desires to reduce or eliminate employee commuting time, while increasing employee engagement and satisfaction. A healthy work-life balance is necessary, and individuals need to see that the organization recognizes its

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