Thursday, October 31, 2019

Final Paper Employee Retension Assignment Example | Topics and Well Written Essays - 1250 words

Final Paper Employee Retension - Assignment Example Dundon, et al (2004) assert that employees leaving organization(s) can be very detrimental since the firm loses investment in training as well as the experience of the employees who has left. Moreover, losing an employee is a loss in terms of productivity and cost injected in training, facilitating the employee, and his or her replacement. Firms are therefore obliged to be vigilant on the potential factors that are likely to lead to employees quitting their institutions. According to Sarah (2009), the retention of employees is even more difficult in the nonprofit based organizations. They need to attract as well as retain these talents and skills since without these they are unable to achieve their mission and ultimately vision. Nonprofit organizations are perceived to lack the retention strategy of the staff. The retention process is a continuous process. Firms should emphasis on retaining their staff from the onset in that the retention strategy begins from when the employees are on board; during the recruitment process; and throughout the cycle of the employment. However, Zajkowska (2012) explain that employees leave firms for several reasons and this requires employers to pay close attention to the employees need and device appropriate and effectively retentions mechanisms. Some of the perceived reasons for this problem are: the employees viewing their jobs as not to their perceived expectation; lack of coaching or feedback of their performance; lack of prospects for growth and opportunities for advancement; the feeling of their input to the organization being undervalued and not appreciated; the need to balance life and work due to stress that emanate from daily work experience; remuneration of their services; and lack of trust in the individual in the position of leadership or management of the organization. Ruth (2010) elaborates that organizations are in the dilemma on whether to inject more

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