TOPIC: COMPENSATION STRATEGIES FOR RETAINING EMPLOYEES Employee Retention refers to the efforts by which employers attempt to retain employees in their workforce. Background Key employee relation is critical to long-term health and success of the business. Managers readily agree that retaining employees ensures customer satisfaction‚ product sales‚ satisfied co-works and reporting staff‚ effective succession planning and deeply imbedded organizational knowledge and learning. Employee retention
Premium Employment Management The Work
By Ms Jatinder Peters‚ GM(HR) and Head Coordination ONGC‚New Delhi Microsoft Leadership Conclave GLOBALIZATION AND THE INDIAN ECONOMY India was a traditionally managed‚ protected economy where industrial growth was largely fueled by the government sector. 1991-92: first spate of economic liberalisation Process of adjustment to the free-market economy has been through ups and downs STRATEGIES DEPLOYED IN GOING GLOBAL Organic and inorganic growth Adding an export component
Premium Employment Knowledge management
Piaget’s Theory of the development of children Have you ever thought of how a child’ mind works and how they learn? Well Jean Piaget has‚ he developed the theory that all children learn through four different stages of development. The stages he unveiled are; sensorimotor‚ preoperational‚ concrete operations‚ and formal operations. He believes that each stage is just built on the previous‚ and I highly agree with this theory of development. Each stage he developed is also arranged into an age sequence
Premium Theory of cognitive development Jean Piaget Developmental psychology
in the road map towards those goals rather than focusing on the task at hand and the ultimate goal. This constant malcontent with the bonus model is hindering the general process of the entire team’s learning curve‚ because it routes focus to the negative sides of things. When confronted about this‚ the employee always tends to shift the focus away from his results and into the company’s lack of marketing support‚ warm leads (making his sales easier) etc. etc. Not really too difficult case as a person
Premium Employment
a) Explain Aristotle’s theory of four causes (25 marks) Aristotle’s interest in explaining why things exist as they do led to his theory of Four Causes. He rejected Plato’s theory of Forms and was more intrigued by the particular form in which an object took‚ as opposed to the ‘ideal‚ perfect’ form. The four causes are: the material cause‚ the formal cause‚ the efficient cause and the final cause. The material cause refers to the physical cause of an object. It occurs because of the parts‚
Premium Causality Metaphysics Aristotle
How to Motivate Employees BUS 201 Principles of Management Prof Brittney Davis By Alesia Smith March 18‚ 2013 How to Motivate Employees The typical employee needs to be able to provide for their family as well as have job security. At the same time an employee needs to have social interaction with in the work places as well as feel good about his or her self and have respect from others in the work place. Employees want to know that manages realize their full potential in the work place
Premium Employment Motivation
younger employees in the same way that we manage employees‚ which are in the company for several years. In an article from the Harvard Business Review‚ Michael Fertik has told us some good ways to teach and motivate employees in their twenties. The first step could be to give responsibility to young employees through a specific mission immediately. In that way the employee will to make decision‚ and if he does not know how to do it‚ he will figure out a way. Most of the time‚ young employees can be
Premium Management Harvard Business School Goal
2. Explain analytically what is meant by ‘psychological contract’. Critically assess which process theories of motivation could help employers establish a ‘psychological contract’ with their employees? According to Anderson & Schalk (1998) within an organization there are obligations and expectations between employer and employee‚ some of which are written down as a formal employment contract and some of which are just implied‚ not discussed‚ which constitutes the psychological contract. Employees
Premium Motivation
Executive summery: In our report we are going to proved some of assumptions of Human Resources Management related to the socialization. To do this we use prince group. Prince group is very popular in Mirpur-1. They have many bakeries‚ a large departmental store and a three star hotel. Mainly we conducted our survey in their three star hotel. It is a well known name in Mirpur teritory. It offers widest of hotel services. It enriches its management system by adopting a quality human resource department
Premium Human resource management Hotel Human resources
“MOTIVATION” Filipino people are religious human being. We usually seek for guidance from our Lord in every decision we will made so in relation to that our teacher decided to have a speaker that can motivate us spiritually‚ emotionally and to enlighten us by a word of god. Fr. Joel Eslabra was the 1st invited speaker. He is a priest who is willing to share the word of God and also can give us inspiration. Fr. Joel starts his discussion with an inspirational lecture about the word of god presented
Premium Corporation Future The Real World