The Effects of Individual and Employer Characteristics on Hourly Employee Retention

The Effects of Individual and Employer Characteristics on Hourly Employee Retention
Author: Robert Allen Cobb
Publisher:
Total Pages: 82
Release: 2015
Genre: Applications for positions
ISBN:

This paper argues that employee tenure length is a function of not only firm specific characteristics and policies, but also individual characteristics, which can be identified and used in the pre-employment selection process. The information learned from this study can help hiring managers in identifying potentially high-production workers, by looking at several key factors that can be measured in a pre-employment application. This paper quantifies how the tenure length of employees can be influenced by not only the characteristics of the applicant, but also by decisions made by the employer. Some of these decisions include the starting wage, the number of scheduled hours given, and the job duties assigned to the individual once they are hired.

Psychology of Retention

Psychology of Retention
Author: Melinde Coetzee
Publisher: Springer
Total Pages: 438
Release: 2018-08-30
Genre: Psychology
ISBN: 3319989200

This book offers a contemporary review of talent retention from the viewpoint of human resource management and industrial/organisational psychology. With a practical and relevant perspective it enriches critical knowledge and insight in the psychology of talent retention. It offers interpretation of difficult factors facing organisations such as the conceptualisation of talent, the forecasting of talent demand and supply, external and internal factors that influence talent attraction, development and retention, the alignment between talent management and business strategy. Also covered is the implementation of human resource practices and strategies in response to the needs of different organisational contexts and workforce characteristics. The chapter contributions will not only enrich knowledge and insight in the complex phenomenon of talent retention, but also advance new original ways of thinking and researching this critically important area of inquiry. The book is intended for graduate students and researchers as an overview of the topic of talent retention, practitioners will also find it informative.

Assessing the Influence of Employee Characteristics on Their Perceptions about Retention and Endorsement

Assessing the Influence of Employee Characteristics on Their Perceptions about Retention and Endorsement
Author: Rita Ramirez
Publisher:
Total Pages: 0
Release: 2021
Genre:
ISBN:

Traditional strategies that have attracted and retained employees in the past will be challenging as the demographics of the workforce entering is drastically changing. Business success is dependent on full access to applicable data for quick decision making and strategy development. The Human Resources department at a specialty foods company wanted to ensure that it was preparing for the upcoming trends that would make them the employer of choice as it felt it has been in years past. The company is very proud of its culture and high employee retention rates, however after an analysis of its current multigenerational workforce, the organization contemplated whether it would continue to have a competitive advantage that retains and attracts employees in the future. The study was meant to examine what strategies the company may implement to increase its ability to retain its employees and enhance its attractiveness to candidates as a choice place to work. The Human Resources department wanted to use raw data obtained from an employee survey to further analyze responses in order to determine if demographic factors influenced responses. However, due to limitations in procurement of full data, the study produced a "synthetic" dataset for assessing the influence of three different employee characteristics: Tenure, Activity/Location, and Gender. There were two statements of interest that were analyzed: "I want to work here for a long time" and "I would strongly endorse my company to friends and family as a great place to work". These two statements would give insight on retention intent and a sense of corporate culture and employee engagement. If employees truly had an outstanding employee experience they would want to work for the company for a long time and become personal endorsers to their friends and family which is the most trusted form of endorsed marketing. To generate the data, the average responses and their standard deviations for each statement and each employee characteristic associated with the response were estimated using Bernoulli Distribution protocol. Due to the scoring method and restricted data provided, there were expected limitations of the results that would be produced as they are based on possibility of responses. The synthetic data was used to estimate logit regression models seeking to determine the extent to which employee characteristics influences their responses to the two statements of interest. The regression models only declared that the difference between those who have 20+ years of tenure desire to work for the company for a long time and new hire's desire to work at the company for a long time is statistically significant (p

Retention

Retention
Author: Peter R. Garber
Publisher: Human Resource Development
Total Pages: 51
Release: 2008
Genre: Business & Economics
ISBN: 159996113X

Experts predict a serious shortage of employees in the United States over the next decade as Baby Boomers begin to retire. If retaining people isn't one of your top priorities, Retention will convince you to make it one immediately. Peter Garber delivers hundreds of low-cost ways to reduce employee turnover and provide a more motivating work environment - one that will make employees look forward to coming to work each day. In nine chapters, the book focuses on two challenges: How to keep employees from going to another organization and keep them interested and focused on their jobs. This book is part of the HR Skills Series designed to help managers plan for and manage changes in such areas as consumer demand, workforce turnover, and production and performance standards.

'Where are the Workers and What Do They Need?' Job Characteristics for Worker Retention in Northeast Ohio

'Where are the Workers and What Do They Need?' Job Characteristics for Worker Retention in Northeast Ohio
Author: Ashley E. Orr
Publisher:
Total Pages: 0
Release: 2023
Genre:
ISBN:

This paper examines workers' stated workplace retention plans by leveraging a survey of nearly 5,000 randomly selected adults from Northeast Ohio during the pandemic recovery period in 2022. We investigate what workplace experiences and benefits increase or decrease the likelihood of planned retention at a workers' current job and planned job search. We find that retention plans are increasing in workers' satisfaction, pay satisfaction, and desire for training, and for workers who are in the middle or at the end of their career relative to early career. We also investigate the relative importance of remote work on retention plans. We show that retention plans decrease as the demands for the job interfere with workers' family lives, and as workers reported increased stress at work during the pandemic. We find workers with reported perceived financial security, and second/alternative income sources are also less likely to plan to be retained by their current employer and more likely to search for work. We conduct subgroup analyses and discuss how different amenities are important to different worker subsets. We conclude by offering recommendations for how employers may increase retention and policymakers may support job seekers and hiring firms.

Sociological Abstracts

Sociological Abstracts
Author: Leo P. Chall
Publisher:
Total Pages: 906
Release: 1992
Genre: Online databases
ISBN:

CSA Sociological Abstracts abstracts and indexes the international literature in sociology and related disciplines in the social and behavioral sciences. The database provides abstracts of journal articles and citations to book reviews drawn from over 1,800+ serials publications, and also provides abstracts of books, book chapters, dissertations, and conference papers.