|
EMPLOYEE TURNOVER AND RETENTION: AN OVERVIEW
1
Author(s):
NIHARIKA SINGH
Vol - 5, Issue- 8 ,
Page(s) : 130 - 135
(2014 )
DOI : https://doi.org/10.32804/IRJMST
Abstract
Abstract
Today’s fast changing competitive business environment occasioned by globalization and advanced communication technologies posing challenges before human resource professional. Since, good performers can be taken away by the competitor and the chances increase with increasing industrialization and ease of accessibility. To retain employees, organizations spend huge amount of money. This article is an effort to identify the causes and impact of employee leaving an organization to understand need of retaining an employee. It further discuss about models ,types of turnover and a brief introduction to retention.
- Abelson, M.A., &Baysinger, B.D. (1984). Optimal and dysfunctional turnover: Toward an organizational level model. Academy of Management Journal, 9, 331–341.
- Boswell, W.R., Boudreau, J.W., &Tichy, J. (2005). The relationship between employee job change and job satisfaction: The honeymoon-hangover effect. Journal ofApplied Psychology, 90, 882–892.
- Gberevbie, D. E. (2008).Staff Recruitment, Retention Strategies and Performance of Selected Public and Private Organizations in Nigeria.Unpublished Ph.D Thesis.Covenant University, Ota.
- Griffeth, R. W. and P. W. Hom. 2001. Retaining Valued Employees. Thousand Oaks, CA: Sage.
- Groysberg,B., Lee,L.E. & Nanda, A. (2008). Can they take it with them? The portability of star knowledge workers performance.Mangement Science, 54:1213-1230
- Hinkin, T.R., & Tracey, J.B. (2000). The cost of turnover: Putting a price on the learningcurve. Cornell Hotel and Restaurant Administration Quarterly, 41, 14–21.
- Holtom,B.C, Mitchell, T.R., Lee, T. W. &Eberly, M.B.(2008). Turnover and Retention Research: A Glance at the Past, a Closer Review of the Present, and a Venture into the Future,The Academy of Management Journal, 2(1),231-274.
- Johnson, M.(2000), Winning the People War, Talent and the Battle for Human Capital,Copyright Licensing Agency, London
- Khamurddin, Sk.(2006), ‘Human Resource Management: Challenges in new millennium’ , In Sreenivas T., Banking Sector and Human Scenario: Changing Scenario, Discovery Publishing House, New Delhi.
- Mitchell,T.R., Holtom,B. C., Lee, T.W. &Graske, T.(2001). How to Keep Your Best Employee: Develop an Effective Retention Policy ,Academy of Management Journal.15(4), 96-109.
- Mukharjee, A. N.(2010), ‘ A culture of Dissonance- An enquiry into the Current Practices of “Job Hopping” in Indian Industry’ , Productivity, Vol. 51, No. 2, 116-124.
- Mobley, W. H. (1982). Employee Turnover: Causes, Consequences and Control. Menlo Park, CA: Addision-Wesley.
- Nwokocha, I &Iheriohanma, E.B.J.(2012). Emerging Trends in Employee Retention Strategies in a Globalizing Economy:Nigeria in Focus. Adian Social Science, 8(10),198-207.
- Oldroyd,J.B. & Morris, S.S.(2012). Catching falling stars: A Human Resource Response to Social Capital’s Detrimental Effect of Information Overload on Star Employees, Academy of Management Journal, 37(3),396-418.
- Sherrat,J.(2000). Attracting and Retaining the Right Staff. Management Today Journal, 16(5),38-39
- Thornton, G. (2008). Recruitment and retention: the quest for right talent. International Business Report. (p. 1). Retrieved from www.internationalbusinessrepot.com
- Van, Vianen,A.E.M., Feji, J.A., Krausz, M., &Taris, R.(2000). Personality factors and Audit Attachment Affecting Job Employability, International Journal of Selection and Assessment, 11, 243-264.
|