You work in the HR department of a large and successful technology company. The firm has been the market leader of the industry for years and potential employees seek the prestige of working for the company. Due to a recent staff reorganization, many current employees are now unfulfilled and some are even seeking employment with the firm’s biggest competitor. You have been assigned the task of researching new ideas so that a plan can be developed to increase employee morale and retention.
Research and analyze recent best practices for employee retention within the technology industry.
Identify methods to assess compensation amounts for multiple positions.
Evaluate successful training and career development plans.
Analyze current methods of employee motivation within the technology industry.
Outline the procedure for the incorporation of these new plans.
Explain how your plans support the company’s overall goal to prevail as the market leader.
Outline necessary steps to a successful staff reorganization.
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Motivating Staff
Recent Best Practices For Employee Retention Within The Technology Industry
When an IT organization has a strategy to retain its employees, it is set to realize greater profitability. On the other hand, with the increasing impacts of IT on the cost of operation, retention of employees in tech organization is of significance (Dixon, 2016). It is therefore paramount for tech organizations to adopt the best practices that will aid in employees retention…
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