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Topic: Business
Number of pages / Number of words: 3 / 584
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This can destroy the moral of your full time employees and cause the to look for employment in a more stable and less stressful environment, especially if their license or certification is at risk.

One step toward staff retention would be with a compensation or reward program. The basis on which compensation payments are determined, and the way they are administered, can significantly affect employee retention and the achievement of organizational goals...


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The basis on which compensation payments are determined, and the way they are administered, can significantly affect employee retention and the achievement of organizational goals. Establishing compensation programs require both large and small organizations to consider specific goals. Employee retention, compensation distribution and adherence to the budget must be carefully weighted against the overall organizational goals and expectations...


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