Buy custom Riordan Manufacturing Benchmarking
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
4 / 947 |
Essay's paper body
The bank wanted to build value in both the teller position and the bank so that tellers would feel their jobs had meaning. Management also wanted the tellers to see and appreciate the bank's advancement opportunities so that the bank jobs, particularly the teller position, would not be seen as stepping stones toward better jobs in other areas (Dreher & Dougherty, 2001)...
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Outcome
Because of taking measures to address and correct motivation and retention problems, Bank Cherokee is now a model for teller retention. The bank has tripled the industry standard teller tenure of 6 to 12 months and even has many tellers that have been there over 20 years...
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