Retention and Separation
BUS-FP3040
Capella University
Java Corp. is small but quickly growing. There are 300 employees in the company
and the organization has a history of a stable workforce with very limited turnover. It is
the goal of the human resources company to determine the best practices in approaches
and procedures addressing retention and separation for Java Corp.
As recommended by the authors of The Importance of Developing strategies for
employee retention from the Journal of leadership, two best practices are review
company’s purpose as a whole and diversification. In terms of strategies to insure
retention of high performers, first, we recommend that an organization review its vision,
mission and core values to ensure "Strategic Intent" creates a culture where the employee
see their value and an opportunity to grow. This must be communicated proficiently with
clarity and transparency to maintain trust in the workforce. (Cloutier et al, 2015)
Second, we recommend that managers realize that choosing diversity as part of their
workforce is no longer optional, but absolutely instrumental for any organization's
success. The United States economy is no longer driven by manufacturing goods as it
used to be during the industrial revolution, but by the service sector. In this sector,
skilled workforce is drawn globally, and therefore the knowledge of diversity, its traits
and characteristics is a must. (Cloutier et al, 2015)
All employee turnover is not bad but it is important for the organization to reduce
costly employee turnover. There are two broad based strategies that Java Corp can follow
to reduce costly employee turnover. Retention research and benchmark surveys can be
used to reduce costly employee turnover. Retention research can shed valuable light on