Retention, human resource management Essay Example | Topics and Well Written Essays - 750 words

Retention, human resource management - Essay Examplethese localized incentives might work towards retaining the most efficient employees of the organization. The fancy is not about spending more time on these incentives but lie son designing effective programs that are workable. According to the human resources fault president of Great American Insurance Group of Cincinnati, We want that manager feedback, that peer-to-peer recognition. It becomes very personal (Shepherd). Such programs also help the colleagues to be familiar with all(prenominal) other better. Apart formulate the decentralized programs and practices there are centralized programs, which applies to all the employees fitting a particular criterion. For instance, much(prenominal) incentives might be base upon the length of service period. Some employers however like to mix up twain centralized and localized incentives for a better outcome. This again requires training of managers much(prenominal) that they might implement and design the incentive programs effectively. A survey reveals that around 27 percent of the firms arrange such training programs for managers. An example is provided in slip of paper of Everett Clinic where the managers are happy with small but personal rewards, which might not be expensive but are effective. These are expressed in the form of gift cards, Caught in the Act cards, Pat on the Back cards for different levels of skills and competence. The upper level of hierarchy provides the support for such programs in both financial and no financial terms. According to the company, their employee satisfaction is around 80 percent. In fact budgetary constraint is not the only motivation female genitals such programs. Such retention practices encourage creativity for developing such programs some of which gain instant recognition. Employers even resort to the use of social media such as Facebook and Twitter to appreciate their efficient employees. This helps in gaining pu blic appreciation for these employees. Thus the article mainly talks of tapping the employees