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Managing Employee Retention - A Strategic Accountability Approach (Hardcover)
Loot Price: R4,166
Discovery Miles 41 660
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Managing Employee Retention - A Strategic Accountability Approach (Hardcover)
Expected to ship within 12 - 17 working days
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During the past decade, employee turnover has become a very serious
problem for organizations. Managing retention and keeping the
turnover rate below target and industry norms is one of the most
challenging issues facing business. All indications point toward
the issue compounding in the future and, even as economic times
change, turnover will continue to be an important issue for most
job groups. Yet despite these facts employee turnover continues to
be the most unappreciated and undervalued issue facing business
leaders.
There are a variety of reasons for this, for example, the true cost
of employee turnover is often underestimated. The causes of
turnover are not adequately identified, and solutions are often not
matched with the causes, so they fail. Preventive measures are
either not in place or do not target the issues properly, and
therefore have little or no effect, and a method for measuring
progress and identifying a monetary value (ROI) on retention does
not exist in most organizations.
'Managing Employee Retention' is a practical guide for managers to
retain their talented employees. It shows how to manage and monitor
turnover and how to develop the ROI of keeping your talent using
innovative retention programs. The book presents a logical process
of managing retention, from identifying turnover costs and causes,
designing solutions that match the causes of turnover, developing
tools for tracking turnover and placing alerts when action is
needed, and measuring the ROI of retention programs.
* Shows how to accurately cost turnover, providing examples and
actual data from hundreds of organizations
* Presents effective ways to identiry the causes of turnover sothe
problems can be quickly rectified
* Shows how to measure the monetary return on investment of
retention programs
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