Unemployment is defined as “a situation where someone of working age is not able to get a job but would like to be in full-time employment”. The unemployment rate in South Africa is remarkably high, it is one of the highest in the world. In...
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Employee Retention Essay Examples
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...
The influence factors contributing to employee retention are usually divided into organisational and individual. Such parameters as wage and non-wage benefits, working conditions, employees’ demographics and company’s size are discussed among the organisational factors affecting retention rates (Morell, 2016, p. 30). The comparative studies show...
Contrary to what most of us believe, salary is not the only determinant as to why workers hand over a resignation notice. Here are some main bases why good employees up and leave: Overpromises – When an employer oversells the company’s culture to exaggerate the...
This article will delve deeper to uncover what Google have done to transform its human resource processes to have one of the highest rates of employee retention in world, and have some of the happiest employees. First, some background; based in Mountain View, California, Google...
Compensation refers to the monetary reward given to an employee in return for their services or specific contributions to your business. In layman’s terms, compensation is the money an employee earns from his or her employer in the form of a paycheck or wages. In...
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