MBA 101 Strategic HRM, Turnover & Retention

In this video we are going to be looking at Turnover and employee retention.
Retaining a positive and motivated staff is vital to an organization's success. High employee turnover increases expenses and has a negative effect on company morale. Implementing an employee retention program is an effective way of making sure key workers remain employed while maintaining job performance and productivity.
A company can significantly benefit from employee retention programs because of a direct effect on an employer’s bottom line. High turnover can be very expensive. According to the Society for Human Resources Management, “employee replacement costs can reach as high as 50 to 60 percent of an employee’s annual salary.” Strategies geared towards retaining good workers helps offset employee replacement costs and reduces the indirect costs such as decreased productivity and lost clients
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[@TayyabAli-bg6rt]

its Helpful.
Thanks a lot.

[@CanIndianChannel]

Thank you Tayyab

[@CanIndianChannel]

Thank you very much Tayyab, I am glad its helped

[@mickysworld6820]

Thanks for your support

[@CanIndianChannel]

Thanks Monica

[@InfraMusicify]

What would be the main source that you used to create those Amazing Mind-Maps?
Thanks.

[@CanIndianChannel]

Software called coogle. Hope this helps

[@InfraMusicify]

@@CanIndianChannel I was looking more towards the academic source. You have referenced to page numbers in your mind-maps. I was wondering what book has that kind of value on those particular pages :))

[@RiyaSharma-mr7ii]

From where I can find the Mind Map ??

[@CanIndianChannel]

Please go to website i-canin.com to download