12 (Dec 2011) ISSN: 0974- 6846 Employee retention by motivation K. Sandhya1 and D. Pradeep Kumar2 1 2 Department of Humanities and Social Sciences ‚ JNTUH CEH‚ Kukatpally‚ Hyderabad-500085‚ A.P‚ India Department of Management Science‚ Madanapalle Institute of Science and Technology‚ Madanapalle‚ A.P-517325‚ India sandhyadean@yahoo.com Abstract Employee motivation is one of the important factors that can help the employer to improve employee and organizational performance. Different
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ABSTRACT Employee Retention is the biggest challenge that Human Resource Management is facing today. The uncertainty of a changing economy‚ increasing competition and diversity in the workplace has compelled the organizations to hold on to their top performers at whatever cost they have to pay. It is a very difficult task for the recruiters to hire professionals with right skills set all over again. Thus the focus has shifted from numbers’ to ‘quality’ and from ‘recruitment’ to ‘retention. So for
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Preserving People Competitiveness and Tenureship among BPOs in Metro Manila‚ Philippines Maria Lourdes P. Lugtu Marco S. Espinosa Jerryl Lou B. Esquivel Rosemarie A. Galsim Ma. Concepcion M. Gatchalian Heidi E. Layson Jeanne Daphne G. Perez Margie S. Tizon BSEM 3 -3 FUNDAMENTALS OF RESEARCH ENMA 4063 PROF. LOUVELLE S. FORMENTERA September 27‚ 2014 TABLE OF CONTENTS PAGE CHAPTER 1 The Problem and Its Background 3 Introduction 3 - 4 Theoretical Framework 4 - 11 Conceptual
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Insights of attrition rate of Medical representatives in Pharma companies and innovative ways to improve them. Overview: Attrition refers to the reduction in staff and employees of company by normal means. The primary focus is to present the high attrition rate seen in the pharmaceutical market industry‚ its causes and controlling strategy for retention of Pharma sales representatives. Though attrition is a natural phenomena in all industries‚ Indian Pharma marketing industries is worst plagued
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Employee Retention Definition of Retention According to Phillips and Connell (2003)‚ Retention is the percentage of employees remaining in the organization. Based on Carsen (2002)‚ Retention simply refers to how many of your current employees stick around over a given period of time. Definition of Compensation According to Mondy and Noe (2005)‚ Compensation is defined as a specific amount of rewards that are provided to employees in return for their services. According to Dessler and Tan (2009)
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Was Conducted..................................................................................... 8 III. An Industry Profile of the Plastics Sector........................................................................... 9 IV. Workforce Characteristics................................................................................................ 11 V. Best Practices in Retention: a Review of the Literature................................................... 12 1. Compensation and Benefits
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How to Talented Employees Retention Introduction The world economic is in the stage of globalization. Businesses have to compete in many aspects in which quality is the most important factor (Barney‚ 1991). The quality affect in many departments‚ especially Human Resources (HR). More than ever‚ HR which bring the success or failure of business becomes scarcely. In fact‚ the hiring of skilled employees was difficult‚ but keeping them even harder. They leave after they have been trained or been
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WHITEPAPER VOLUME TWO EMPLOYEE RETENTION REDUCING RECRUITMENT BY INCREASING RETENTION WHITE PAPER EMPLOYEE RETENTION EMPLOYEE RETENTION REDUCING RECRUITMENT BY INCREASING RETENTION DRAKE I NTERNATIONAL NORTH AMERICA CONTACT DRAKE FOR FURTHER INFORMATION ON HOW OUR INNOVATIVE SOLUTIONS CAN CREATE A SUCCESSFUL RETENTION PROGRAM THAT WILL REDUCE YOUR STAFF TURNOVER. CALL OR VISIT VANCOUVER•EDMONTON CALGARY•WINNIPEG LONDON•HAMI LTON OAKVILLE•MISSISS AUGA TOR ONTO•BELLEVILLE BROCKVI
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F inding the right talent—from knowledge industries such as Pharmaceuticals to heavy industries such as industrial manufacturing—^is a problem worldwide‚ despite a large‚ easily accessible pool of educated people. Forty-three percent of 1‚200 global CEOs surveyed by PwC late last year said hiring workers had become more difficult. A quarter of more than 300 U.S. employers in a Deloitte survey in December said the shortage‚ motivation‚ and retention of qualified talent was the most significant
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Employee Retention Can Influence the Profitability of Small Sized Service Companies. Essay by : Ayhan Durain This essay aims at justifying the suitability of the provisional purpose statement ‘Employee retention can improve the profitability of the small sized service providers’ for a master dissertation. Therefore it is of a great importance to find out ‘to what extent any investment in employee retention can influence the companies profitability positively’. For that reason this latter will
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