Individual Research Paper
This individual research paper, you are required to write a five- to seven- page research paper on a human resource management “hot topic.” You may select the “hot topic,” which must be relevant to the course and approved by the Instructor. Submit your paper through TurnItIn in Canvas. This individual assignment will be worth up to 150 points in the overall grade for the course. Do not count the cover page in the total page count.
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Even though this is a research paper assignment, you should avoid directly quoting large chunks of information word-for-word. Whenever possible, paraphrase and synthesize the information in your own words; be sure to still quote the reference you used.
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Research Paper Layout: Title Page, Abstract, Introduction, What was done in the study (material), Results of the findings, Discussion, Conclusion and References.
All papers will be typed, spell-checked, grammar-checked, submitted double-spaced, and prepared with references in proper academic format, using the APA style.
Below is a table of Contents from Text book for ideas
MODEL ANSWER
One of the critical factors for the success of any company is the ability to attract and retain top talent within the Company. An increased employee turnover can have negative implications on the Company especially when such a workforce is skilled and extremely competent. When an organization loses its talented workforce possibly to competitors, the morale, productivity and eventually profitability is likely to be | PLACE YOUR ORDER NOW AT writtask.com | shows that companies are likely to use significant costs when employees leave as there are notable costs of hiring, training and retaining employees. Furthermore, understanding the reasons as to why employee turnover is high in an organization forms the hallmark for establishing best strategies for attraction and retention of | PLACE YOUR ORDER NOW AT writtask.com | on the strategies that Walmart and Amazon uses to achieve this mandate. The role of human resource management will also be explored.
Strategies used by Walmart and Amazon to Attract and Retain Top Talent
Walmart is one of the US’s largest private employer with more than 1.2 million employees across its US stores | PLACE YOUR ORDER NOW AT writtask.com | company understands the value of having skilled and competent employees who can help it innovate and have a competitive edge over other players in the | PLACE YOUR ORDER NOW AT writtask.com | strategies that the company’s management have continued to use to help the company remain competitive. One of the company’s policies is to listen and respond to the employee demands. According to Drew Holler who is the company’s senior vice president for people operations, workers often demand for full time jobs that have better health as well as dental | PLACE YOUR ORDER NOW AT writtask.com | talking to the Associated Press, the vice president contended that the best way to retain its top talent is respond to this requests and grant the employees full time schedules. Another benefit according to Holler is that full-time work helps to attract better employees in a fiercely competitive retail market.
The second strategy that the company has adopted is skills training and equipping the employees with the necessary tools that | PLACE YOUR ORDER NOW AT writtask.com | and skills enhancement opportunities help the company to attract and retain the best talent in the | PLACE YOUR ORDER NOW AT writtask.com | is to see that a significant percentage of employees are accorded the necessary training required in the retail | PLACE YOUR ORDER NOW AT writtask.com | compounded to the health insurance coverage and other health benefits act as the best bait for the company to tap the right workforce.
The flexible work schedules and training opportunities come against a backdrop of the company’s move to increase entry level wages for U.S employees | PLACE YOUR ORDER NOW AT writtask.com | has also been implementing wage increments for certain jobs. All these efforts are meant to make employment opportunities at the company more attractive.
The second company of focus is Amazon
Amazon understands that attraction and retention of top talent are two things that are often | PLACE YOUR ORDER NOW AT writtask.com | skilled employees is likely what will retain them in the Company as long as what they perceive as critical is sustained. Ahammad, (2017) argues that for any company to attract and retain talent, it is important to first understand what the expectations of employees are and then adopt strategies that can help to retain them in the | PLACE YOUR ORDER NOW AT writtask.com | which is a technology giant employs different strategies to develop a competitive edge in terms of attracting and retaining the desired top talent in the | PLACE YOUR ORDER NOW AT writtask.com | which is kind of a psychological game plan is the “pat to quit” approach which is an Amazon program meant to foster employee commitment. Employees working at the company’s fulfillment centers for one or more years are given a yearly bonus that asks them to voluntarily quit. The idea is that employees that accept the offer lose an…