EMPLOYEES; DISSATISFACTION AS A CAUSE OF FLUCTUATION AND THEIR RETENTION AS THE MAIN TASK OF HUMAN RESOURCE MANAGEMENT IN MODERN ECONOMY – CASE STUDY
Keywords:
employees, HRM, fluctuation, dissatisfaction, causes, consequences, guidanceAbstract
Employee retention becomes an important HRM activity when organizations face a lack of knowledge, ability and responsibility. Since fluctuation of labor is a growing problem of modern economy, this work has originated from the desire and need to analyse the causes of labor turnover, show the complexity of the consequences of fluctuations not only on employees, but also on the productivity of companies and, as well as on society as a whole. Considering the fact that the problem of fluctuations in the labor force has not been given proper attention, this paper is an attempt to sublimate the existing relevant scientific findings; the model of the impact of employee dissatisfaction on fluctuation has been researched; formula which should be used in further works has been presented and guidance for direction of the HRM sector activities has been given.
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