Category: Employee Retention
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The Significance of Employee Retention to Organizations: Theoretical Analysis
The Significance of Employee Retention to Organizations: Theoretical Analysis Theories related to the study The chapter starts with introduction of employee retention concept. Utilizing Maslow Hierarchy of Needs Theory by Abraham H. Maslow (1954) and Social exchange theory, employee retention can be explained; these concepts are encapsulated in this chapter two. Both theories act as…
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The Problem of High Staff Turnover in the Hospitality Industry
The Problem of High Staff Turnover in the Hospitality Industry Hospitality industry is a service-based industry that relies heavily on servicing people who has leisure time and disposable income. Units from management team to servers that are involved play an important role during the whole service operation. Hospitality industry often demand employees with abilities such…
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Importance of Employee Retention, and Employee Retention Techniques
Importance of Employee Retention, and Employee Retention Techniques Preface Professional study is incomplete without having practical exposures in life. Theory provides the fundamental stone for the guidance of practice, but practice examines the element of truth lying in the theory. Therefore, a stand co-ordination between theory and practice is very essential to give a synergistic…
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Employee Retention during Post-Merger & Acquisition Phases: Challenges and Ways to Retain Employees in India
Employee Retention during Post-Merger & Acquisition Phases: Challenges and Ways to Retain Employees in India Abstract India is a developing country where organizations are diversifying their portfolio and expanding businesses either by acquiring or merging with similar entities. Organizations are doing merger and acquisition as a growth strategy but employees do not accept this strategy…
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Factors Influencing Employee Retention in Companies
Factors Influencing Employee Retention in Companies Abstract: Employee Retention is one of the key challenges faced by IT Organization. Employees are the assets of any organization and organization cannot afford losing its key performers. Effective retention strategies can reduce employee turnover and increase retention within an organization. Key employees are the instrument for overall growth…