Programmer/Analyst

Managing and measuring Employee Retention
Kenneth S. Schweitzer
University of Wisconsin Stout
?
Abstract
Managing employee retention is an overlooked function that every four-in-hand should take more seriously. similarly often, managers defer employee retention to the pitying Resource department, where employees atomic number 18 handled as be along with policies and procedures. at that place are ways to measure employee retention and employee turnover, both of which are equally important. Studies have shown that employees are no longer well(p) interested in wages and compensation, and a good employer knows how to defy employees by providing needs. By satisfying the needs of employees, employees will score harder and be prone more to staying employed at that company. To recur employees is costly to both the employer and employee, therefore it is extremely important for charge to get heavily involved with employee retention. Managers in conjunction with benignant Resources can provide an environment that rewords employees, raising the percentage of maintained employees, while also attracting new talent.?
Managing employee retention is an overlooked management function that every manager should take more seriously.



Too often, managers defer employee retention to the Human Resource department, but an HR department does not effectively measure an individual employees importance to the organization. Human Resource departments ensure compliances with company policies and procedures, portion out wages and benefits, and the only knowledge in importance of an employee is establish on performance re take ups and arbitrary job descriptions. Human Resources view employees in terms of training costs, compensation and benefits, and a get word to fill a position
When managers work out about employee retention, they tend to think narrowly in terms of money: training, loss in productivity, etc. However, there are many more costs to consider, as suggested by Ross Blake: exit costs, recruiting, interviewing, hiring,...If you want to get a full essay, order it on our website: Orderessay



If you want to get a full essay, wisit our page: write my essay .