Why Some Companies Retrain Workers, And Others Lay Them Off
- Topics:
- Talent Management
- Source:
- Knowledge@Wharton
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Overview: Different firms have different strategies for employee retention because they operate in different markets. And, keeping the teams together makes sense. Other times, it does not. Researches indicate that some companies succeed in retaining talented employees because they probably adopt effective strategies. The strategies involve giving bonuses and extra benefits to employees. Creating an effective work environment also goes a long way in retaining employees. The paper examines the issue of employee retention.
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Format: HTML | Date: Jan 2003 | Pages: 1
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