Organizational stability and sustainability are the most wanted KPI of most organizations. With effect of Pandemic impact, WFH for white collar workers, motivation and attrition are the leading factors to high staff turnover rate. To avoid brain drain and high staff exits, how can organization strategize to retain staff who are perceived as assets ?  Can financial and non financial motivations minimize the high staff turnover rate ?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter17: Organizational Planning And Controlling
Section17.6: Employees' Responses To Planning
Problem 3CC: How is goal setting tied to job satisfaction and performance?
icon
Related questions
Question

Organizational stability and sustainability are the most wanted KPI of most organizations. With effect of Pandemic impact, WFH for white collar workers, motivation and attrition are the leading factors to high staff turnover rate.

To avoid brain drain and high staff exits, how can organization strategize to retain staff who are perceived as assets ? 


Can financial and non financial motivations minimize the high staff turnover rate ?

 

ps/i need long explanations for this homework. Thanks

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Management
Principles of Management
Management
ISBN:
9780998625768
Author:
OpenStax
Publisher:
OpenStax College