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Retention and Diversity in HR Management - Essay Example

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In times of severe competitiveness among businesses, it has become vital to think over new strategies in order to attract talented people, find new ways in their retaining inside the organization and recognizing the diversity in the workplace. High employee turnover rates…
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Extract of sample "Retention and Diversity in HR Management"

Download file to see previous pages Slide 2. It is important for the management to retain their valuable staffs, who contributes the organization’s activities at their best level. Hiring is a complicated process because it is really difficult to find the right candidate . However in case of resigning, HR manager should immediately react on the situation and understand an employee’s problems, discuss them focusing on the retention of a certain employee. Additional training promote employee’s development and are always a advantage for retaining an employee.
Slide 3. Good compensation package would be a considerable advantage for the organization. For the employee, it will be one of the reasons to accept the job offer and stay with the certain company for a longer period. Positive and friendly environment is also important for most employees. Along with it, if the company provides professional development and supports its staff, it plays favorites for it, retaining more professionals.
Slide 4. Businesses perceive diversity in the workplace as a business strategy, which increases productivity and meets the needs of consumers. The human resources are the first echelon of establishing connection between the employees who mirror the needs and preferences of customers and the organization strategy. With the growth of diversity value, companies recognize employee’s uniqueness and appreciate their perspectives. It ensures an inclusive operating environment with awareness and respect to different cultures. Moreover, diversity ensures flexibility inside the company, strengthening its ability to react to rapid changes of the global economy.
Slide 5. Diversity is not only human resources responsibility. It requires partnership and collaboration of all functional areas within the company. The most successful companies create all possibilities for ...Download file to see next pagesRead More
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