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This leads to the second section of the discussion of the traditional approach of Human Resources Management (HRM) to high staff turnover issues.
The next section explore why a learning organization has to become a learning organization in order to better retain staff in the organization and the usage of the Portfolio Value Approach (PVA) to reduce the high percentage of staff turnover. There is a difference of how the HRM in a learning organization deals with the issue of high staff turnover compared to the traditional HRM practices. Employee Return on Investment (EROI) deals with short term value for each employee and it is suggested that HRM practitioner must establish the PVA of each employee in retaining new organizational member on a long term basis...
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Common topics in this essay:
- Analysis of High Turnover Rate
- Cost Of Employee Turnover
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- Implications Of The Learning Organization Phenomenon For The Training And Development Field.
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- Learning Organisation
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