Managing Employee Life Cycles to Improve Labor Retention
Publication: Leadership and Management in Engineering
Volume 3, Issue 1
Abstract
Since much has been written about how to hire and recruit good people, the focus of this article is on how to retain employees. After briefly examining the cost of employee turnover, the author provides a management framework that can help improve employee retention and increase profitability. It is stressed that employees at every phase of the life cycle need to believe that the work they do is important and meaningful. The author concludes that if people see that their employers care about them and their careers, they will deliver better results and will be more committed to their careers with the company.
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Copyright © 2003 American Society of Civil Engineers.
History
Published online: Dec 13, 2002
Published in print: Jan 2003
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