Week 4 Discussion

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Week4lesson7.pptx

Lesson Seven: Retention and Motivation

Human resource management. Retrieved from http://www.saylor.org/site/textbooks/Human%20Resource%20Management.pdf 

Objectives

Topic 1: The Costs of Turnover

Topic 2: Retention Plans

Topic 3: Implementing Retention Strategies

Topic 1: The Costs of Turnover

Turnover Costs: Direct and Indirect

Direct Indirect
Recruitment costs Lost knowledge
Advertising costs for new position Loss of productivity while new employee is brought up to speed
Orientation and training of new employee Cost associated with lack of motivation prior to leaving
Severance costs Cost associated with loss of trade secrets

Table 7.1

Reasons for Voluntary Turnover

Poor match between the job and skills of the employee

Lack of growth 

Internal pay equity

Management 

Workload

Topic 2: Retention Factors

C Components of a High- Performance Work System

Figure 7.4

Theories of Job Dissatisfaction

Job Withdrawal

The Hawthorne Studies

Maslow’s Hierarchy of Needs

Herzberg’s Two-Factor Theory

McGregor’s Theory X and Theory Y

Carrot and Stick

Job Withdrawal

Dan Farrell and James C. Petersen, “Commitment, Absenteeism and Turnover of New Employees: A Longitudinal Study,” Human Relations 37, no. 8 (August 1984): 681–692, accessed August 26, 2011,http://libres.uncg.edu/ir/uncg/f/J_Petersen_Commitment_1984.pdf.

Behavior Change

Physical Withdrawal

Psychological Withdrawal

The Hawthorne Studies

Elton Mayo, The Social Problems of an Industrial Civilization (1949; repr., New York: Arno Press, 2007)

Workers were happy to receive attention from researchers who expressed interest in them.

Retention plans must include training and other activities that make the employee feel valued.

Maslow’s Hierarchy of Needs

Abraham Maslow, Toward a Psychology of Being, 3rd ed. (New York: Wiley, 1999).

Self-actualization needs

Esteem needs

Social needs

Safety needs

Physiological needs

Herzberg’s Two-Factor Theory

Frederick Herzberg, Bernard Mausner, and Barbara Bloch Snyderman, The Motivation to Work (New Brunswick, NJ: Transaction Publishers, 1993).

Hygiene Factors:

Company policies

Supervision

Relationship with manager

Work conditions

Salary

Relationship with peers

Motivation Factors:

Achievement

Recognition

The work itself

Responsibility

Advancement

Growth

McGregor’s Theory X and Theory Y

Douglas McGregor, The Human Side of Enterprise (1960; repr., New York: McGraw-Hill, 2006)

Theory X

The average person dislikes work

Theory Y

Most people need to be threatened with punishment

The average person needs to be directed

Most people want to make an effort at work

Self-control and self-direction

Commitment to objectives

Accept responsibility

Imagination and ingenuity in solving company problems

Most workers will avoid responsibility

Carrot and Stick

Carrot

Stick

Offering rewards or

Pushing employees

incentives to motivate

employees

to get work done

Research Methods

Exit Interviews

Employee Satisfaction Surveys

Exit Interview Questions

What is your primary reason for leaving?

What did you like most about your job?

What did you like least about your job?

Did you feel there was room for growth in your job?

What incentives did you utilize while at our company?

Which incentives would you change and why?

Did you have enough training to do your job effectively?

Communicate the purpose and goal of the survey.

Once the survey is complete, communicate what changes have been made as a result of the survey.

Assure employees their responses will be anonymous and private.

Involve management and leadership in the survey development.

Employee Satisfaction Surveys

Topic 3: Implementing Retention Strategies

Retention Strategies

Compensation and Benefits

Training and Development

Performance Appraisals

Succession Planning

Flexible Work Schedules

Retention Strategies

Conflict Management and Fairness

Pay-for-Performance Strategies

Work-Life Balance

Job Design, Job Enlargement, and Empowerment

Next Steps

Questions? Post to the Professor’s Cyberoffice in the HRMN 300 online classroom

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