1.Employee Retention and Importance
Employee Retention The biggest challenge that organizations are facing nowadays is retaining and securing the skilled employees since they play an important role in any organization, because employees’ knowledge and skills are essential for companies to gain competitive advantage.According to Silva et al. (2019) Employee retention is one of the major problems that every company faces in this competitive environment. The big business challenge is to align your goals with the growing demand for a balanced organizational climate that meets basic human needs and where work is synonymous with personal fulfillment. Shoaib et al. (2009) emphasized the Retention as “the ability to hold onto those employees you want to keep, for longer than your competitors”. Furthermore, studies have also indicated that retention is driven by several key factors, which ought to be managed congruently: organizational culture, communication, strategy, pay and benefits, flexible work schedule an...
A nice Video! Career development is the proactive, lifelong process of finding your footing and advancing your career path. It's an intentional approach to creating a meaningful career that includes setting long-term goals, exploring professional development opportunities, and gaining new work experience.
ReplyDeleteThe framework portrays career growth as a series of stages controlled by that individual. However, career paths may be greatly influenced by external factors such as economic circumstances, industry trends, and the availability of opportunities.
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