Managing Employee Retention

Business & Finance, Human Resources & Personnel Management
Cover of the book Managing Employee Retention by Jack J. Phillips, Adele O. Connell, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jack J. Phillips, Adele O. Connell ISBN: 9781136384981
Publisher: Taylor and Francis Publication: February 18, 2004
Imprint: Routledge Language: English
Author: Jack J. Phillips, Adele O. Connell
ISBN: 9781136384981
Publisher: Taylor and Francis
Publication: February 18, 2004
Imprint: Routledge
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Taylor and Francis

Cover of the book Understanding Economics by Jack J. Phillips, Adele O. Connell
Cover of the book Essential Career Transition Coaching Skills by Jack J. Phillips, Adele O. Connell
Cover of the book Message Received by Jack J. Phillips, Adele O. Connell
Cover of the book Support for Victims of Crime in Asia by Jack J. Phillips, Adele O. Connell
Cover of the book The Economics of Voting by Jack J. Phillips, Adele O. Connell
Cover of the book Managing IT Outsourcing by Jack J. Phillips, Adele O. Connell
Cover of the book From Knowledge to Intelligence by Jack J. Phillips, Adele O. Connell
Cover of the book Active Assessment in English by Jack J. Phillips, Adele O. Connell
Cover of the book The Global Governance of Precarity by Jack J. Phillips, Adele O. Connell
Cover of the book Murdered Father, Dead Father by Jack J. Phillips, Adele O. Connell
Cover of the book Crisis and Institutional Change in Regional Integration by Jack J. Phillips, Adele O. Connell
Cover of the book Organizing Black America: An Encyclopedia of African American Associations by Jack J. Phillips, Adele O. Connell
Cover of the book Classic Essays in Early Rabbinic Culture and History by Jack J. Phillips, Adele O. Connell
Cover of the book Student Veterans and Service Members in Higher Education by Jack J. Phillips, Adele O. Connell
Cover of the book Finnish: An Essential Grammar by Jack J. Phillips, Adele O. Connell
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy