Essays on Employee Retention

Discuss the positives and negatives of corporate culture in the competitiveness of a firm. Relate how firms should deal with different corporate cultures in mergers and acquisitions. According to Wheelen and Hunger (2015), "corporate culture fulfills several important functions in an organization. It conveys a sense of identity for employees and helps generate employee commitment to something greater than them. It adds to the stability of the organization as a social system and serves as a frame of reference for employees to use to make sense of organizational activities as well as a guide for appropriate behavior." One of ...

Newspaper Article 1: Employee Retention- How to Retain Employees

Introduction The purpose of the paper Employee Retention- How to Retain Employees is to highlight several tactics that a human resource manager can employ to retain the employees in their organization. As such, the organizations that utilize the outline tactics benefit from the associated high turnover costs as well as productivity. The paper aims at ensuring employers create a strong workforce by retaining the employees.

Summary

The paper highlights twelve tactics that any employer aiming to retain their employees can utilize. For instance, the paper talks about offering highly competitive benefits packages that relate to the needs of the employees. ...

Strengths of Sofitel Hangzhou Westlake 4

Weaknesses of Sofitel Hangzhou Westlake 6 Opportunities which Sofitel Hangzhou Westlake can Exploit 7 Threats to which Sofitel Hangzhou Westlake is Exposed 7 3.0 Strategy Proposed 8 4.0 Critical Evaluation of the Problems Identified 8

Using Six Hats Thinking Approach for Problem Solving 9

Blue Hat 9 White Hat 9 Red Hat 10 Black Hat 10 Yellow Hat 10 Green Hat 11 Application of Mintzberg’s Theory at Sofitel Hangzhou Westlake 11 Interpersonal use of Managerial Skills 11 Informational Role of Managers to Solve Problems 12 Decisional Role of Managers for Dealing with the Issue 13 5.0 Conclusion 13

References 14

Strategic Management Analysis of Sofitel Hangzhou Westlake in China ...

The effect of stress in the workplace to employees and the organization

Stress in the workplace has a number of impacts to both the employee and the organization. First, working in a stressing environment causes physical, psychological, and emotional impacts to the employee leading to low productivity. The employee experiences a lot of work burnout and depression that leads to the development of health problems such as psychological disorders and medical problems. A number of behavioral problems experienced by employees both in the workplace and at their homes have high associations with stresses in the workplace. Workplace stress impacts the employee's well-being by causing harmful lifestyle behaviors such as aggression, poor ...

Abstract

The paper involves studying the importance of Work-life balance to enhance employee productivity. The aspect of this paper is importance because labor is one of the essential factors for a company’s success and managers should know how to tap into that resource efficiently to achieve overall success. The study will detail a brief introduction regarding WLB, its importance and benefits to both employees and employers.

Introduction

Work-life balance is a combination of three words work, life and balance. Work is the physical and mental activities one does on a daily basis to attain a salary at the end of ...

Rancho Solano

Rancho Solano Private School (RSPS) is a private school founded in 1954. Until 2013, the school continued to open educational establishments across the country. However, after 2013, the economic recession started to take its toll on the educational industry. In 2014, the school started announcing closure of several of their schools. These closures have continued over the past two years. At the same time, school enrollment is increasing across the country. In Arizona, K-12 enrollment is expected to grow by 23% by 2023 (Oke, 2015, p. 3). The RSPS campuses in Arizona closed in 2014. It is a necessity ...

Executive Summary

In general, the diplomas mentioned in the paper below have brought revolutionary changes to my personality and mind-set. They have broadened my vision and changed my attitude towards certain concepts in certain ways (that I have explained in the later parts of the assignment). I feel to have some inborn qualities relevant to the subjects that I took up and these courses have helped me polish my skills and expertise, and update my knowledge. As the course progressed, I could feel my development as a learner stage by stage. My teachers, supervisors, and group fellows have come in as ...

People Management

Part A Graduates constitute a large pool of supply for employers in the market that has the ability of supporting business development and eventually prosperity considering that they pose as a source of highly qualified and expertise workforce for businesses to attain short-term and long-term needs. The process of attracting and employing graduates may be a daunting task in terms of its resource intensive nature; hence, businesses may need to employ a number of ways get to the graduates and secure them for the various job positions. Due to the high competition that exists between firms for the best ...

Introduction

The rate of employee retention differs from one industry to another, and while some firms experience internal challenges others, experience external issues that contribute to increased rates of turnover among their key employees. The above study, therefore, seeks to outline some of the areas that can be reviewed to resolve the issue regarding the necessary policies and practices to be employed. High turnovers among employees result in increased costs to an organization, and if the rate is not resolved, it may stagnate the workforce. It is for this reason companies need to embrace practical strategies to help enhance the ...

1.0. Background This OD intervention proposal is for a real estate marketing organization namely “Cobra Marketing Network (CMN)” that is a medium-sized organization. The company has its branches in three different cities and provides marketing services for real estate projects launched by different construction companies. Taskforce of CMN consists of 179 individuals working in different departments including management, copywriting and editing, designing, video editing, outdoor marketing, etc. Real estate marketing is characterized by tough competition and is enjoying decent growth based on the growth of real estate construction in the region (Mathews, 2015). Over the past few years, the ...

Improving Organization Retention: A Case Study

Introduction In any business organization, it is important to keep the employees motivated and willing to work. By extension, it is necessary to keep their morale high so that the work atmosphere becomes positive, thereby encouraging productivity and efficiency in the workplace. Because of this, there are specific theories in business and work that focus on motivating employees and making them happy and contented with regard to their work environment. This includes addressing any problems and issues in the overall work environment, identifying all factors associated with employee productivity and working around them, and improving the work atmosphere and ...

5DPP – In this module, I was able to pick up the basics of what is expected of an HR professional, getting a good grasp of the fundamentals of human resources. This is vital for professional development, as I need to make sure that I understand my role as an HR rep within my own corporate context, and know my skills so that I can work to improve them. 5BIC – This module provided me with important insight into how to manage contemporary business issues both from within and without the company, particularly as they pertain to HR. I know that ...

Introduction

The paper is intended to develop a report about different management styles in the context of industrial or employment relations to compare it with the sophisticated paternalist/ HRM (Human Resource Management) approach. The management styles in employment relations may be different from how it is taken or considered. The preferences and choices of the organization directly impact on its strategies to develop a relationship with its employees (Miller, 1987). The preferences are usually aligned with the dominants of the organization that is directly involved in decision making process of the organization. These preferences of the dominants directly result in ...

Performance Measurement

Asset Utilization Revenue generation by each employee is perceived to be better for Boeing at $595,501.86, which may be due to a better employee retention policy. This was concurred by Boeing’s annual report where it revealed that the management has good relations with its employees since 38% are represented by unions (Boeing, 2016, p.20) with Lockheed at 18% (Lockheed, 2016, p.18). Due to the better employee retention, Boeing was able to generate a higher amount of sales based on its investor’s capital or equity at 15.02 but Lockheed was not lagging far behind at 14.90. The ...

There is a lot of pressure in today’s organizations. Identification of a few of these pressures includes globalization, technology changes, competition, alliances, changes in organizational structure, methodologies of work assignments, employee priorities, capabilities, abilities and demographic factors. These factors call for the Human Resource function to help navigate the company during the transition in the organizations and the same function, finding ways of propelling the organization forward even further. The real plus the perceived value of the HR function will have to be upgraded. The HR function has been shifting from the personnel aspect to that of Human ...

Introduction

The use of scholarly, peer-reviewed academic articles is an important and essential element in hospitality research. Although internet-based sources and company publications are also relevant because they provide the necessary data, scholarly articles are particularly momentous for the needs of research because they have the highest degree of data accuracy and credibility. In addition, they present information in a standardized way, thus making it concise, but informative and comparatively easy for comprehension for the readers with different cultural background. Hospitality industry is not an exception in this regard. Although some commentators argue that it is too simplistic to be ...

Introduction

Effective Human Resource (HR) Manager is tasked with the responsibility of ensuring that the organization retains its employees. HR department manager should be able to analyze workforce data so that he or she can be able to adopt effective strategies for staff retention. In light of the relevance of staff retention strategies, this paper will utilize the Tanglewood case study to identify the most significant problem, determine whether Tanglewood has functional or dysfunctional turnover, the various concerns of the interview and ways of making the data relevant, determine whether the survey is comprehensive and determine possible data that could ...

High Turnover in Hospitality Industry in USA and Strategic Way to Solve the Turnover Problem

Introduction Currently, the hospitality industry taking a new route to lead in most economies. The industry is growing at a rapid rate, which is something for celebration. The biggest challenge is the employee turnover. Kim and Jogaratnam, (2010, p. 320) report that a big portion of up to thirty-three percent of the hotel money goes to labor. The current turnover in the hospitality industry settled at thirty-one percent (Batt, Lee, and Lakhani, 2014, p.17). This percentage is very high when broadly looked at concerning the disadvantage of employee turnover to businesses. The culture of the company is always affected ...

Introduction

Contemporary Business Environment places a lot of pressure on the company with regards to sustainable and profitable development. In order to be able to compete in the international arena, companies have to look for new ways to differentiate and diversify their business. One of the biggest challenges for a modern company is to build on internal expertise and skills that would help this organization create competitive advantage based on its intangible assets and people. Individuals are subject to a variety of influences and the employment relationships are becoming more complex. Human Resource Management (HRM) is facing new challenges, such ...

Introduction

The article titled ‘Non Profits Can’t Keep Ignoring Talent Development’ is about the increasing turnover, which is a concern experienced by several organizations during the various phases. Rust et al. (1996) suggested that retaining employees is a major challenge for all organization because when organizations fail to make the employees satisfied, motivated and fell like a valuable part of the organization, they hunt for better opportunities where they can grow professionally and build on their skill set. Hiring the right kind of employees is equally important as retaining them. Organizations usually ignore this aspect of employee retention due ...

Golden Circle

Starbucks Coffee Company is a story of success for many. The relity is that the copmany’s business path is contimuously fascinating for many reasons. First of all, it has become an example of an integrated supply chain, which involves all the stakeholders on the upstream and downstream and brings forward global business with local business model. Secondly, Starbucks built a strong brand, based not only on innovative and forward-thinking business model in operations and Human Resource Management, but also due to its pioneer projects in Corporate Social Responsibility and the special way it treats its suppliers. Finally, for ...

Business Plan Proposal

Business Identification of Problem Poor publicity can affect a wonderful product and can lead to an uphill battle getting back into good standing with your customers, community, employees and stakeholders. Competent leaders are a necessity to rally teammates in tough times, even though acquiring and retention of qualified individuals may pose to be even more of a struggle. Recently, Transurban, the company that designs and operates the Express Lanes on I-495, I-95, and I-395, have taken on some bad publicity with civil lawsuits, deaths on the Express Lanes, back-ups on the lanes that are a result of user accidents ...

Chapter 3: Application Component of Career Development

Chapter 3: Application Component in Career Development Understanding as well as finding mechanisms to influence the careers of the employee has become a critical component in contemporary organizations. More than ever before, employees and the modern organizations they work for must adapt to change if they are to experience success as well as competitive advantage. The past decade has witnessed a turbulent environment, and every indication is that the future environment will be no different. The future will witness rapid change, increased competition due to globalization, and continued changes in employment relations. Contemporary organizations need employees who can grow ...

Proposal for Original Business Research

1.0. Introduction Human resource management has always been integrally attached to the business and its activities, as the degree of success or failure of a business largely relies on the effectiveness of HRM practices in an organization. One of the core areas to be pondered by human resource managers is performance appraisal when it comes to people management (Tooksoon, 2011). 1.1. Problem Statement High employee turnover is one of the most critical side-effects of growing dynamism of modern business climate. Employees are switching from company to company basing their decision of quitting for many good reasons. However, it is ...

Part 1: Review of the Organization

The American Red Cross - Orange County Chapter, is a humanitarian organization in the U.S that comprises of a team of volunteers. The organization is guided by the Fundamental Principles of the International Red Cross and its Congressional Charter. American Red Cross operates on a strategic plan that guides its efforts and activities for a period. It seeks to address the changing needs for the region’s residents. Additionally, the plan and objectives provides the necessary steps that the organization undertakes to achieve its objectives. Finally, it assists the organization to achieve its mission effectively. The organization’s plans ...

Term paper

Four Seasons: The story of a business philosophy was written in 2009 by Isadore Sharp, an architect by profession who decided to venture into the hospitality business. In this book, he details the history and philosophy of the company he founded known as Four Seasons. The first Four Seasons hotel was built in Toronto, Canada in 1961 and had 125 rooms.

Four seasons style of leadership is different from other hospitality businesses because it’s more people oriented. This type of leadership requires that leaders treat all employees with no favoritism but rather in a friendly and kind manner ...

Introduction

The concept of globalization, in a real sense, is the product of modern age though the existence of its weaker forms can be traced in the sixteenth century, which refers to the process through which different organizations and corporations build influence of international scope (Beck, 2010). Globalization has extensively influenced today’ business scenario, and it has certainly changed the role of Human Resource Management (HRM) and how important the role of human resource management has become in managing the organization (Perkins, 2003). A better idea of this situation can be gathered from the fact that the success of large ...

Modern business organizations have identified the importance of employee retention policy to get the maximum success in the global platform. Meanwhile, the situation was not the same in the past. Earlier, organizations operating in the global business sector put great emphasis on attracting crucial talent for organizational benefits (Donovan, Dwight and Schneider, 2013, p. 483). Identifying the value of efficient workforce, organizations had put more interest in developing a well-designed recruitment and selection process to get the best talent resources suitable for organizational performance efficiency. On the other hand, there is evidence to show that in the past organizations ...

Abstract

Onboarding is an essential HR process that extends for several months after hiring a new employee. Onboarding provides positive outcome in terms of better employee retention, improved process consistency, faster new employee ramp-up, and better acculturation. Ya Ya Kitchen has experienced initial success in its business, but the company is facing a huge problem in quality product and service delivery due to poor employee retention policy. Since Ya Ya Kitchen has no defined HR practices, trying to implement a full scale HR system will not be fruitful. Therefore, the company should first implement a robust onboarding program, which will ...

Nike Inc. is a listed American sportswear and equipment manufacturer with its head offices in Oregon City. It is the leading world’s supplier of athletic shoes and apparel and major manufacturer of sport equipment. To Nike “diversity is not just the right thing to do, it is the smart thing." Worldwide, Nike Inc. had more than 30,000 employees as of 2008 (Nike, 91). Essentially, Nike recruitment policies allow the in-house staff to view job openings on the internal web and apply directly to the SSC center electronically. The SSC ActiveRecruiter software from there handles the entire application ...

How to Retain Top Talent

In today’s fast-paced and constantly changing workplaces, the need to attract and retain top talents is by the day becoming the only option for firms trim down costs and at the same time not jeopardize revenue. Top talent retention becomes the only means by which a company can make such a sensitive decision which is of vital strategic importance as far as human resource is concerned. However, the top talent pool shrinking, which in turn increases the competition by firms, a competition that is even worsened by the disparity in the capital base in different firms, for the few available top ...

Introduction

Organizational structure is one of the most important aspects in ensuring the organization meets both its long term and short term goals. The structure of the organization is what determines the strategic approaches of the organization in management. For the purpose of maximizing on productivity organizations will tend to come up with various retention programs for the welfare of the organization. Likewise, organizations will also focus on different customer relations management tactics to ensure that customer satisfaction is attained.

There are different retention programs employed by different organizations in the field of management. One of the retention programs employed ...