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Staff Retention

In: Business and Management

Submitted By rsmurillo
Words 1805
Pages 8
Employment Retention An organization, is defined as a set up where individuals come together and work in unison to achieve a common goal. In order for an organization to be successful, it needs to understand that being able to convince employees that there is where they should be as well as and satisfy their needs to provide the best possible care is key. Some studies indicate the cost of turnover can average 150% of the employee's annual salary. Employee retention refers to the various policies and practices which allows employees to be part of an organization for a longer period of time. Organizations should focus on the following issues in order to maintain their qualified workforce in the long term: communication; decision making; compensation, benefits, and career development; recruitment; appreciation and understanding; and management In order to make your workplace one where happiness and productivity thrive the employer must first be a "good employer." A good employer, is one who sets clear expectations to each and every employee. The employer makes the task to be done clear, when this task need to be finished by, and what happens after that task is complete. Within the expectations provided, clear boundaries also need to be set. This includes making employees aware of specific rules, regulations, policies and procedures. In order to make these expectations clear and followed by each of its employees, the manager needs to add a personal touch by speaking with employees individually or in a group. Also, managers need to keep in mind that not mattering what expectations are set, it is the manager's job that these expectations are followed and that there is a consistency with all employees. A second way to keep employees happy at the workplace, is to make each employee feel that he or she is valued for the work that he or she is responsible for.

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