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Employees’ Retention Practices As Integral Part Of Human Resources Management

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Listed:
  • Teodora Lazarova

Abstract

The following paper evaluates the importance of employee’s retention for the organizational health. The article defines and suggest business practices to find, hire and retain the best talents in the organizations. The study highlights the importance of social and organizational factors as basis for the employee satisfaction and loyalty to the company. The author suggests and analyze the innovative retention practices used in the biggest companies and evaluates their importance for the employee’s wellbeing and satisfaction. The article examines the expectations of the different generations working together and their vision about working places.

Suggested Citation

  • Teodora Lazarova, 2020. "Employees’ Retention Practices As Integral Part Of Human Resources Management," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 14(1), pages 67-82.
  • Handle: RePEc:isp:journl:v:14:y:2020:i:1:p:67-82
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    File URL: https://www.scientific-publications.net/get/1000043/1600092603921839.pdf
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    References listed on IDEAS

    as
    1. Wayne F. Cascio, 2006. "The Economic Impact of Employee Behaviors on Organizational Performance," Palgrave Macmillan Books, in: Edward E. Lawler & James O’Toole (ed.), America at Work, chapter 14, pages 241-256, Palgrave Macmillan.
    2. Council on Food Agricultural and Resource Economics, C-FARE, 2016. "2015 Annual Report," C-FARE Reports 260839, Council on Food, Agricultural, and Resource Economics (C-FARE).
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    More about this item

    Keywords

    retention; satisfaction; efficiency; human resources; innovative practices;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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