Stage 7: Retention Management retention management

Matthias T. Meifert ()
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Matthias T. Meifert: HRpepper GmbH & Co. KGaA

A chapter in Strategic Human Resource Development, 2013, pp 217-232 from Springer

Abstract: Abstract In the late 1990s, a new term was introduced that reflected the debate about the labour markets at the time: the “war for talent”. Three simple words that pointed to a harsh truth: the pool of qualified human resources was drying up, people’s willingness to stay with a company was shrinking, and companies were engaging in a veritable war for that scarce resource, talent. A decade later, the labour markets are showing a fundamentally different picture. The tough economic climate, rising unemployment and mass redundancies across Europe mean that we have to wonder whether this topic still deserves a place in this book. Should we not rather talk about the mobility of labour markets and headcount adjustments when we want to speak about the current situation? Why is retention management, or staff retention in general, still a concern for strategic HR development?

Keywords: Organisational Commitment; Affective Commitment; Implicit Knowledge; Normative Commitment; Continuance Commitment (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-642-31473-5_11

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DOI: 10.1007/978-3-642-31473-5_11

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