Employee retention

View Paper
Pages: 4
(approximately 235 words/page)

Essay Database > Business & Economy > Management
Employee retention is very important to organizations. If employees can not be retained, the company will have to invest money for training new employees time and time again. The cost of replacing an employee is high not only financially, but in terms of lost productivity, the time taken by the employer to go through the resumes and the cost incurred to conduct interviews. The best away to avoid this costly affair is to focus on …

showed first 75 words of 1146 total
Sign up for EssayTask and enjoy a huge collection of student essays, term papers and research papers. Improve your grade with our unique database!
showed last 75 words of 1146 total
…so. As the turnover rate continues to rise to its highest levels in nearly a decade, it's good to know that finding, hiring and keeping the right people can be accomplished today with more than just subjective observation, opinion and emotion. Dessler, Gary. Human Resource Management. Prentice Hall, 2003. PCPS NEWS RELEASES,http://www.pcps.org/member/releases_may22_02.html,2002 Saxby ,David. What Can Retailers Do About Employee Turnover? http://www.measure-x.com/tips/empturnover.html