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What is Employee Retention

Handbook of Research on Global Hospitality and Tourism Management
An effort by a business to maintain a working environment, which supports current staff in remaining with the company. Many employee retention policies are aimed at addressing the various needs of employees to enhance their job satisfaction and reduce the substantial costs involved in hiring and training new staff.
Published in Chapter:
Staff Turnover at the Crossboarder Hotel Company: A Strategic-Longitudinal Investigation, Part A
Angelo Camillo (Woodbury University, USA), Francesca Di Virgilio (University of Molise, Italy), and Loredana Di Pietro (University of Molise, Italy)
Copyright: © 2015 |Pages: 12
DOI: 10.4018/978-1-4666-8606-9.ch026
Abstract
This chapter endeavors to draw attention to staff turnover in the hospitality industry by analyzing a company, which will be referred to as “Crossboarder Hotel Company”. The actual name has been disguised to maintain the company's confidentiality. The chapter discusses the causes and effects of employee turnover and ways to prevent turnover. Turnover is divided into three categories: job dissatisfaction, errors in employee selection, and poor management. The common cause of turnover however; is job dissatisfaction which affects employees well-being. A survey instrument that included measures of job satisfaction, and demographic information was used to collect information from hotel employees of an American Hotel Chain we refer to as the “Crossboarder Hotel Company”, geographically dispersed in Georgia, Alabama, California, North Carolina, Arizona, Texas, Utah, and Indiana. Data from 78 respondents were collected over a three-year period. The results show that favouritism, nepotism, lack of responsibility and accountability, lack of training and improper communication negatively contributed to job satisfaction.
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More Results
Strategic University Leadership for Aligning the Worlds of Academia and Business
Employee retention refers to the ability of an organization to retain its employees.
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The Mediating Role of Job Satisfaction Between Work-Life Balance and Employee Retention
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Eco-Labels
It refers to the ability of the firm to retain its employees.
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Workforce Development and Higher Education Partnerships: Transdisciplinarity in Practice
Refers to an organization’s ability to retain their employees. Efforts to maintain current employees may focus on enhancing job satisfaction and reducing costs involved in hiring and training new employees.
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The Impact of Job Satisfaction on Employee Retention in the Power Sector
Is defined as an initiative, an effort or practice through which the OPE management team is seeking to maintain a stable workforce.
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