RETENTION OF HUMAN RESOURCES IN THE ROMANIAN BANKING SYSTEM
Phd. Prof. Dumitru Constantinescu and
Student Carmen Maria Carstea Ph.D Student
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Phd. Prof. Dumitru Constantinescu: University of Craiova Faculty of Economics and Business Administration Craiova, Romania
Student Carmen Maria Carstea Ph.D Student: University of Craiova Faculty of Economics and Business Administration Craiova, Romania
Annals of University of Craiova - Economic Sciences Series, 2011, vol. 2, issue 39, 43-54
Abstract:
Employee retention is arguably the biggest issue corporate leader s as a result of the shortage of skilled labor, economic growth and employee turnover. Hiring knowledgeable people for the job is essential for an employer, but retention is even more important than hiring. Employee retention involves taking measures to encourage them to remain in the organization for the masimum period of time. The key to retention is to understand the employees expectations and achieve proper alignment of their expectations with those of the organization.
Keywords: retention; management; human resources; turnover; training; employee (search for similar items in EconPapers)
JEL-codes: M53 M59 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:1:y:2011:i:12:p:43-54
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