Running head: CASE STUDY: EMPLOYEE RETENTION 1 �PAGE � Employee Retention � PAGE �2� Employee Retention April 10‚ 2012 � This is a critique is based on two articles‚ in which addresses the issues of employee retention and suggestions for the motivation and engagement of employees in the hospitality industry. The first article is titled "Targeted employee retention: Performance-based and job-related differences in reported reasons for staying" by Hausknecht‚ Rodda‚ and Howard (2009)‚ in which
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National University of Ireland‚ Dublin Bachelor of Science (Finance) Intake 42 Group: (B) Module: Management Research Project Essay Title: Factors affecting Staff Retention in OCBC Singapore Submitted by: Joel Zheng WeiQi Student Number: 12257128 Lecturer: Jeffrey Tan Submission Date: 30/07/13 Word Count: 4783 Assignment Submission Form Please complete and attach this form to your assignment. All assignments must be submitted on the stipulated submission date. Please add a
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Motivation is nothing but an effort by the managers to help people focus their minds and capabilities on doing their work as effectively and efficiently as possible. Trust is another key to motivate people to perform at their best. Effective interpersonal communication also helps to develop an environment that motivates employees. If the employees are aware what the expectations of the managers are they can perform their jobs more effectively. A truly motivating environment is one where employees
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Improving Organization Retention Paper JC’s casino is a lovely resort where people go to stay and enjoy themselves. The JC’s casino has a supportive work environment that offers equal opportunity to the employees‚ they are offered excellent wages‚ good benefits and have the opportunity for advancement within the company. Within the casino there are problems and management has contracted an independent consultant to help with retention and issues the employees are having. Rudeness is at the low
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------------------------------------------------- Role of Motivation in Employee Retention Employee retention involves various steps taken to retain an employee who wishes to move on. An employee must find his job challenging and as per his interest to excel at work and stay with the organization for a longer period of time. The management plays an important role in retaining the talented employees who are familiar with the working conditions of the organization and thus perform better than the
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❑ 1) To communicate the importance of keeping employees— and keeping them satisfied ❑ 2) To introduce “the three Rs” of employee retention—respect‚ recognition‚ and rewards—and explain what each entails ❑ 3) To convey why respect is essential to keeping employees ❑ 4) To provide tools for readers to assess current efforts ❑ 5) To empower the reader to immediately begin improving the workplace ASSESSING YOUR PROGRESS In addition to the learning objectives above‚ Course Technology has developed
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corporate philosophy of treating employees well (Zinni‚ et al.‚ 2011‚ p. 86). A long term employee of Baytech accords the success of the organization with practices that include competitive wages and benefits‚ good communications‚ healthy union-management relations‚ feedback from the company on performance‚ a good work environment and safe workplace‚ job satisfaction‚ and training opportunities. While Baytech’s retention strategy aids them in maintaining a low turnover rate‚ their corporate philosophy is
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Room Division Management Essay: Employee retention & Hospitality Industry Group: Bindiya Salat (19176) Executive Summary * Employee retention is a process in which the employees are encouraged to remain with the organization for the maximum period of time. * Employee retention is beneficial for the organization as well as the employee. * As soon as employees feel dissatisfied with the current employer or the job‚ they switch over to the next job especially in hotel
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Retention After choosing the most suitable employees for the company‚ the most important things are to prevent the advanced employees from leaving the company and also have liquidity of employees in order to keep company’s innovation. There are some factors will affect the employees’ retention‚ including reward and recognition‚ promotion and opportunity for growth‚ leadership and compensation (Bidisha Lahkar Das and Dr. Mukulesh Baruah‚ 2013). 1. Reward and recognition It is obvious that a company
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Knowledge Retention Strategies |Strengths |Weaknesses | |Build a knowledge retention strategy |Lost knowledge | |Obtain a critical resource |Reductions-in-force (RIF) | |Management & employee growth
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