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Strategic Plan to Mitigate Employees’ Departures

Pages:
3 page
Sources:
3
Solution:
Solution Available NOW
Subject:
LEADERSHIP & MANAGEMENT
Language:
English (U.S.)
Date:
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$ 10

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Strategic Plan to Mitigate Employees’ Departures

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Strategic Plan to Mitigate Employees’ Departures

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Strategic Plan to Mitigate Employees’ Departures

Employees’ departure is a common phenomenon that affects all organizations, either small or large. The essential idea is how companies deal with the reality of losing a trusted and committed employee. Staff departure is also referred to as employees' turnover; a situation where employees decide to resign to work for other companies or to pursue personal businesses. The main reason why employees are essential to an organization is that some are highly gifted and effective in achieving goals for an organization, that is why it becomes critical for companies to lose strategic staff, such as tenured managers. Human resources capital is essential in the achievement of organizational goals; that is why efforts to remedy any employees' rapid departure should be implemented as soon as possible to ensure business operations remain in perpetuity (John, 2016). Based on the case study given, this report discusses the recruitment process, develop pre-boarding and onboarding plan, and identifies policies and practices to reduce employees' turnover rates in the future.

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