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Posts Tagged ‘Retention’

Research has shown that when employees are focused and fully engaged, they are more productive at work. In Contented Cows Still Give Better Milk, Bill Catlette and Richard Hadden suggest that employees are more likely to happily work to the best of their abilities when their employers adopt leadership habits that make the organization a great place to work. They describe the practices that have helped top companies hire, cultivate, and retain satisfied employees that are dedicated to building wealth.

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Related book summaries in the BBS library: Happiness at Work, Make Work Great, Love ’em or Lose ’em

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One of the biggest challenges facing business today is finding, grooming, and retaining the best and the brightest hires. Many organizations choose to assign this responsibility to the human resources department, but according to Alan Weiss and Nancy MacKay, this can be a fatal error.

The best organizations out there know that the war for talent must start at the top, where great leaders can assert control over the hiring process and foster top talent. In The Talent Advantage, Weiss and MacKay draw on their years of expertise in the recruitment and retainment field to provide successful strategies, techniques, and tips that will give any company a competitive advantage in the talent wars.

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For the first time in history, corporate managers face the challenge of managing four generations at once: the Matures, Baby Boomers, Generation X, and Generation Y (the Millennials). As Boomers get ready to retire en masse, their children offer a unique challenge to corporations, which need to change their workplace cultures, recruiting methods, and retention strategies or face a loss of billions in turnover. Managers need to help their organizations and employees adapt to the highly educated, technologically savvy, confident, and demanding Millennials. The Millennials, born between 1980 and 1999, do things differently than their Boomer parents and bring a fresh new perspective to the workplace. If corporations make the changes necessary to keep their Millennial hires, all generations will ultimately benefit. In Keeping the Millennials by Dr. Joanne G. Sujansky and Dr. Jan Ferri-Reed, corporate managers learn strategies to create a multi-generational workplace.

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Studies indicate that employee turnover costs anywhere from 12 to 40 percent of a company’s pretax income, making turnover a critical issue for executives in all industries. Turnover is especially important in poor economies, since those who voluntarily leave their jobs are likely to be top performers. In Rethinking Retention in Good Times and Bad, author Richard Finnegan presents a practical new model that can help businesses of all kinds hold onto their best workers.

For a free trial of EBSCO Business Book Summaries click here.

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