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Human Resources: For this assignment, select a company that is publicly traded. Please ensure that there is information available about this company online, so your
Human Resources:
For this assignment, select a company that is publicly traded. Please ensure that there is information available about this company online, so your instructor can become familiar with the organization. Then, please do the following:
- Examine potential reasons, regardless of industry, why turnover rates occur. Identify these reasons using scholarly and industry research.
- Identify industry competitors and explain how compensation and benefits differ among your organization and its competitors.
- Justify how your organization can increase employee retention efforts, through policy and process revision/implementation, by utilizing a preferred motivation theory/model.
- Note: Do not focus only on motivating employees through offering higher levels of compensation. Explain factors, in addition to compensation, that can improve motivation.
- Determine HR practices that would be impacted by these policy/process improvements.
- Make recommendations regarding how to best communicate change efforts to employees.
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