Employee Retention
Introduction
The main reason in reviewing this article, Talent retrention: Six technology-enabled best practices by Oracle (2012) is to explore employee retention by defining and exemplifying the relationship between employees and their bosses. According to Oracle (2012), many organizations suffer massive losses from low employee turnover. In situations that there are competitive employees, the organization has to advertise the vacant positions, train or coach new employees, and, at certain times, increase salary for the new staff members. All these activities involve costs and, cumulatively, they are retrogressive to an organization’s finances. In such light, employee retention strategies are crucial to an organization …show more content…
The company shares significant market values with Microsoft, Apple, and Google among several others. According to Oracle (2012), the first way of ensuring high retention levels is by recruiting people with the right technology knowledge. When a company hires the right person for a job, excellence is achieved uniformly in all departments. It is important to note that recruiting the wrong person for a job can lead to serious losses, and therefore recruiting teams should consider technology qualifications, experience, and merit to save its relevant company from the expensive and retrogressive turnover …show more content…
Goals can be varied, but companies are only interested in meaningful targets. Keeping employees knowledgeable about what the organization purposes to achieve is necessary as employees feel engaged, recognized, and appreciated, which also boosts employee morale and satisfaction. Employees’ satisfaction is crucial as evidenced from major companies like Apple and Samsung. Employees at Apple, for example, are more passionate and committed to their jobs due to the set goals. Employees that are appreciated have always remained loyal and worked hard to achieve success. Apple implements clear and constant communication of goals to the employees which guarantees high employee
Introduction
The main reason in reviewing this article, Talent retrention: Six technology-enabled best practices by Oracle (2012) is to explore employee retention by defining and exemplifying the relationship between employees and their bosses. According to Oracle (2012), many organizations suffer massive losses from low employee turnover. In situations that there are competitive employees, the organization has to advertise the vacant positions, train or coach new employees, and, at certain times, increase salary for the new staff members. All these activities involve costs and, cumulatively, they are retrogressive to an organization’s finances. In such light, employee retention strategies are crucial to an organization …show more content…
The company shares significant market values with Microsoft, Apple, and Google among several others. According to Oracle (2012), the first way of ensuring high retention levels is by recruiting people with the right technology knowledge. When a company hires the right person for a job, excellence is achieved uniformly in all departments. It is important to note that recruiting the wrong person for a job can lead to serious losses, and therefore recruiting teams should consider technology qualifications, experience, and merit to save its relevant company from the expensive and retrogressive turnover …show more content…
Goals can be varied, but companies are only interested in meaningful targets. Keeping employees knowledgeable about what the organization purposes to achieve is necessary as employees feel engaged, recognized, and appreciated, which also boosts employee morale and satisfaction. Employees’ satisfaction is crucial as evidenced from major companies like Apple and Samsung. Employees at Apple, for example, are more passionate and committed to their jobs due to the set goals. Employees that are appreciated have always remained loyal and worked hard to achieve success. Apple implements clear and constant communication of goals to the employees which guarantees high employee