文档介绍:本科毕业论文(设计)
外文翻译
外文
A Review of Employee Motivation Theories and their Implications
for Employee Retention anizations
Why is it Necessary to Retain Critical Employees?
Fitz-enz (1997) stated that the pany loses approximately $1 million with every 10 managerial and professional employees who leave anization. Combined with direct and indirect costs, the total cost of an exempt employee turnover is a minimum of one year’s pay and benefits, or a maximum of two years’ pay and benefits. There is significant economic impact with anization losing any of its critical employees, especially given the knowledge that is lost with the employee’s departure. This is the knowledge that is used to meet the needs knowledge to anizational performance (Bassi, 1997).
Furthermore, o (2000) stated that although knowledge is now recognized as one of anization’s most valuable assets anizations lack the supportive systems required to retain and leverage the value of knowledge. Organizations cannot afford to take a passive stance toward knowledge management in the hopes that people are acquiring and using knowledge, and that sources of knowledge are known and accessed throughout anization. Instead, organizations seeking to petitive advantage have moved quickly to develop systems to leverage the value of knowledge for this purpose (Robinson & Stern, 1997; Stewart, 1997). Thus, it is easy to see the