Companies spend vast amounts of money each year on recruiting activities in order to appoint the right people in the appropriate jobs. Employee retention is a strategic process during which employers encourage employees to remain within the organization for the maximum period of time.
Retention of employees is an important part of Human Resource management and planning efforts, and one of the key challenges for employers, is to ensure that the retention strategies align with business goals to ensure acceptable returns on the employment investment. Increasing employee retention has a direct impact on business performance and success through-out the company life cycle.
The aim of this course is to introduce the students to the concepts and principles that help develop policies, frameworks, strategies and plans organisations follow to reduce employee turnover and attrition. The course has a strong focus on how to structure benefits and to identify what motivates employees in their work environment.
The course is ideal for the human resources professional that would like to create a work environment where employees are actively engaged in and that produce long-term career focus. If you would like to improve your organization’s salaries, reward systems and incentives then you will find this course most rewarding.
This module can be completed as a stand-alone module once Module 1 has been successfully completed.
- Understanding motivation.
- Needs theories.
- Process theories.
- Compensation objectives in an organisation.
- Pay and motivation.
- Developing a pay system.
- Legal considerations.
- Other considerations.
- PC with Windows or,
- Android device or,
- iOS device.