Employers respond to the retention challenge

RETENTION

Employers respond to the retention challenge

Retention strategies are assuming ever greater importance for many employers struggling to reduce their skills shortages and retain valuable staff. A recent study by IRS looks at the solutions that four organisations have implemented.

The article comes in two parts spread across seven pages of IRS Employment Trends.

The first part outlines some current trends in labour turnover, the reasons why employees are likely to leave an organisation and the steps an employer can take to boost retention.

The second section comprises four case studies showing the different HR and reward approaches that employers have taken to address the retention challenge:

• Claridge's luxury hotel in London
• Wizard Inns, a fast expanding non-branded chain of 64 pubs in the south of England
• Pret A Manger with 120 retail outlets
• supermarket chain Asda.

Want to know more?

Title: "Effective retention strategies", IRS Employment Trends 773/Recruitment and retention, 4 April 2003.

Availability: Contact the subscriptions department at Industrial Relations Services in London, tel: 020 7354 5858 or visit www.irsemploymentreview.com

Posted 1 May 2003