Human Resource Management Issues: Employees’ Retention

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Employees’ Retention

Many organizations are facing the challenges of maintaining employees for a long-term which inhibit their competitive advantage. Employees’ retention is a contentious issue which most employers have considered critical towards the success of operations and general positioning of an organization within the highly competitive market environment. First, employees’ retention is important to an organization since it determines the competitive edge. For example, a company that has the ability to retain employees gets leverage of having highly competitive workers who can improve efficiency and effectiveness of the operations. Secondly, employees’ retention determines the cost incurred in hiring and training new workers. Retaining employee for a long time in the organization reduces the cost of recruiting news staffs and training them. Thirds, the issues of employees’ retention is essential to an organization since it determines the reputation. Companies that have a tendency of retaining employees for a short period of time will lose popularity since the society will view such as companies as being profit oriented rather than focused on developing employees (Caldwell et al., 2011).

First, employees’ retention relates...