Human Resource practices in improving employee retention
Human Resource practices in improving employee retention
Author(s): Diana IvanaSubject(s): Business Economy / Management, Labor relations, Human Resources in Economy
Published by: Alma Mater & Universitatea »Babes Bolyai« Cluj - Facultatea de St. Economice si Gestiunea Afacerilor
Keywords: human resource practices; employee retention; retention strategy;
Summary/Abstract: In modern business, many organizations are facing employees’ turnover loss. In order to prosper in the competitive environment the retention of skillful employees is critical. This paper explores the influence of HR practices (recruiting and selection, induction, training and development, performance review and compensanstion management) on employees’ retention by proposing a strategic model. The proposed model could be a best practice guide for both academics and managers to implement specific actions and manage talented workforce.
Journal: Review of Economic Studies and Research Virgil Madgearu
- Issue Year: XIII/2020
- Issue No: 1
- Page Range: 33-43
- Page Count: 11
- Language: English
- Content File-PDF