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I need to answer this discussion post with more than just I agree or disagree. Any suggestions? Turnover and retention in the workplace are two

I need to answer this discussion post with more than just I agree or disagree. Any suggestions?

Turnover and retention in the workplace are two critical issues that have significant implications for human resource (HR) departments. High employee turnover rates can be costly for organizations as they often result in decreased productivity, lower morale among remaining employees, and the need to constantly recruit and train new staff. On the other hand, retaining top talent is essential for maintaining a competitive advantage and ensuring the long-term success of the organization.

From my experiences working with HRM departments, I have found that they are often challenged in meeting the needs of a new generation of workers, such as Gen Z and Millennials. These younger workers tend to place a higher value on job enrichment, which includes opportunities for career growth, work-life balance, and meaningful work. HR departments must find ways to provide these types of job satisfaction to retain these workers and maintain high morale within the organization.

In assessing the functions of HRM, I have learned that they play a crucial role in attracting, retaining, and developing talent within an organization. HR departments are responsible for creating a positive work environment, establishing fair and competitive compensation packages, and providing training and development opportunities to employees. They also play a critical role in managing employee relations and ensuring compliance with employment laws and regulations.

The importance of HRM to potential candidates for hire, current employees, managers, and other stakeholders cannot be overstated. For potential candidates, HR departments serve as a point of contact and provide information about the organization and the role they are seeking to fill. For current employees, HR departments provide support and resources to help them succeed in their roles and achieve their career goals. Managers rely on HR departments to provide guidance on employment laws, manage employee relations, and create a positive work environment. Other stakeholders, such as shareholders and customers, benefit from a well-functioning HR department as it leads to a more engaged and productive workforce, which in turn can positively impact the organization's bottom line.

In conclusion, HR departments play a critical role in attracting, retaining, and developing talent within organizations. They are essential to the success of the organization and must continually adapt to the changing needs of a diverse workforce. HR departments must be equipped to meet the needs of a new generation of workers, who place a higher value on job enrichment, and ensure that all employees have the support and resources they need to succeed in their roles.

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