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Retention Of Human Resources In The Romanian Banking System

Author

Listed:
  • Prof. Dumitru Constantinescu, Phd.

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)

  • Student Carmen Maria Carstea Ph.D Student

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)

Abstract

Employee retention is arguably the biggest issue corporate leader s as a result of the shortage of skilled labor, economic growth and employee turnover. Hiring knowledgeable people for the job is essential for an employer, but retention is even more important than hiring. Employee retention involves taking measures to encourage them to remain in the organization for the masimum period of time. The key to retention is to understand the employees expectations and achieve proper alignment of their expectations with those of the organization.

Suggested Citation

  • Prof. Dumitru Constantinescu, Phd. & Student Carmen Maria Carstea Ph.D Student, 2011. "Retention Of Human Resources In The Romanian Banking System," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(39), pages 43-54, May.
    • Handle: RePEc:aio:aucsse:v:1:y:2011:i:12:p:43-54
    as

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    File URL: http://feaa.ucv.ro/AUCSSE/0039v2-005.pdf
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    More about this item

    Keywords

    retention; management; human resources; turnover; training; employee;
    All these keywords.

    JEL classification:

    • M59 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Other
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

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