Free Employee Retention Essays and Papers

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Free Employee Retention Essays and Papers

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    Employee Retention

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    Employee Retention The business environment nowadays is so competitive that companies should do their best to find appropriate employees and to create a good working team and environment, so that they can stay in business and make high profits. Managers spend a lot of time and money in finding and attracting responsible, innovative, knowledgeable, and motivated to work employees. Moreover, when the company succeeds in finding such a person, the issue of how to increase his satisfaction and performance

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    Managing Employee Retention and Turnover

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    Managing Employee Retention and Turnover Employee retention has always been an important focus for human resource managers. Once a company has invested time and money to recruit and train a good employee, it is in their own best interest to retain that employee, to further develop and motivate him so that he continues to provide value to the organization. But, employers must also recognize and tend to what is in the best interest of their employees, if they intend to keep them. When a company

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    Reducing the Cost of Employee Turnover by Managing for Retention Employee turnover and the retention of valued employees are major problems facing business in the U.S. The average turnover rate is hovering at 15%. The costs associated with that turnover can be high - generally 25 percent of the individual's annual salary. Unemployment in the United States is at a 24-year low. Employee loyalty is down. Never before has it been so critical to focus on strategies for keeping good employees. However

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    Studies show, employees leave organizations for many reasons; often times these reasons are unknown to their employers. Employers need to listen to employees’ needs and implement retention strategies to make employees feel valued and engaged in order to keep them. These retention methods can have a significant and positive impact on an organization’s turnover rate (Fauth&McVerry 2008). The research also states the dilemma facing organizations is whether to invest more time and money fine-tuning

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    Abstract Retaining employees is a dilemma for small businesses. Large corporations have resources specifically aimed at keeping their employees while smaller ones do not. Using online resources, we examined the issue of employee retention in small business. We found that the problem stems from different areas, lack of resources, few employees, minimal direction from management. While these issues are a problem, they are not insurmountable. Small businesses need to be innovative and creative in finding

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    Proposal for a Fitness Center in TI

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    Instruments will prove to be advantageous to the company as well as its employees. Studies show that employees who exercise regularly are more productive, efficient, and pleasant to work with. Texas Instruments has the capability to increase employee retention, recruitment, and revenues by investing in a fitness center through Health Fitness Corporation. Health Fitness Corporation provides on-site fitness centers for numerous prestigious companies such as Best Buy and Federal Express. The positive

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    Article Analysis: The Nursing Shortage

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    dollars in the past five years. This paper examines the nursing shortage in the health care industry, the use of collaborative team approach in care delivery using a study that aims specifically to this problem and offer recommendations for employee retention. Many health care professionals are wondering why shortage transpired when managed care cost initiatives, implemented throughout the country, are dramatically decreasing the length of patient stays (Upenieks, 2003). In fact, such a situation

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    1.1 Introduction Employee retention refers to the ability of an organization to retain its employees. Employee retention can be represented by a simple statistic (for example, a retention rate of 80% usually indicates that an organization kept 80% of its employees in a given period). However, many consider employee retention as relating to the efforts by which employers attempt to retain employees in their workforce. In this sense, retention becomes the strategies rather than the outcome. A distinction

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    Employee Turnover and Retention

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    Employee Turnover an Observation When discussing employee turnover and retention the immediate reaction is to view turnover as a negative and retention as a positive. Psychologists have been researching and documenting their findings on the subject for over 50 years, mostly focusing on why people leave organizations (Staw, 1980, p. 253). One cannot deny there are organizational costs due to an employee’s departure; however, it would be naïve not to recognize there are benefits as well. Organizations

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    employees. According to (Fauth&McVerry 2008), the most critical issues facing organizations today is how to retain the employees they want to keep. Retention is the act of keeping someone or something (Merriam 2007). The understanding of this definition is the foundation employers will need to have to keep the good employees at their company. Employee retention is critical to the long term health and success of your business. Managers readily agree that retaining your best employees ensures customer satisfaction

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