Retention Strategies
Human Resources staff and all of management are tasked with retention of staff. Turnover is costly. Some managers are natural retention experts; others need help. Most of all, managers need to become conscious of their critical role in retaining talented employees. They need to be held accountable for building a culture of retention in their departments. HR has to lead retention efforts by making managers the owners of this process; responsible and accountable for keeping good employees.
You are their recruiter tasked with assisting your managers with their retention efforts. What are some retention strategies you would suggest to them?
After reading this assignment, conduct independent research to help support your paper. Then in a 2 – 3 page paper address the following:
Provide an overview of the importance of retention
Identify and explain 3 costs associated with turnover
Describe your retention recommendations
Provide your conclusion and make sure to address the importance of retention efforts in human resources
Be sure to use APA style with at least two sources cited