Retention Strategy
Retention Strategies Matrix
Specialty Area: My home health organization located in San Diego, CA, has been having difficulty in staff retention, but specifically, with RN Case Managers. These RN Case Managers work in the home health agency I supervise and see patients in the community. Since the opening of this home health agency in 2003, the turnover rates among the nurses' rates have increased, and therefore, retention rate decreased to an all-time low of 53%.
Type of retention strategy
Benefits of using this strategies
Challenges of using this strategy
Evidence-based Reference
Enhancing the approaches and techniques used to manage nurses once they are employed
Recognizing and rewarding nursing performances gives the RNs a sense of being valued at the organization. This not only improves their satisfaction levels, but also their work performances. In creating teamwork, there is improved management of work stress and any issues with individual performances are addressed immediately. Another added advantage is that the nurses are able to deal with the emotionally strenuous nature of their jobs. Nurses attain a sense of independence and control over their work, which improves their performance (Longo, 2010).
The major challenge with this retention strategy is that it necessitates the formation of completely new programs or procedures....
Marriott Retention Employee Retention Strategies at Marriott Hotel Marriott International, Inc. is one of the world's most recognizable brand names, both in the hospitality sector and on the corporate landscape at large. Its enormous success is a produce of a number of factors, not the least of which is its unparalleled track record in employee relations. Today, according to Waddell (2006), "the Marriott family has more than 3,000 hotels in 67 countries
Human Resource Planning (HRP) HRP looks into the requirement of human resources by an organization in order to attain its strategic objectives and goals. Bulla and Scott (1994) has defined HRP as the process for conforming that the human resource requirements of an organization are identified and plans made for fulfilling those needs. HRP is built on the premise that employees of an organization constitutes its greatest strategic resource and it
And many have got successful too in earning the market share. The emerging competition by new companies is a growing threat for the company and it should be tackled properly to avoid any future disturbances. In order to further describe the competition Southwest Airlines is facing a Competitive Profile Matrix is designed. The following Competitive Profile Matrix tells about the tough competitors which are in a good position to have
There is the mindset that recruiting and retaining younger, talented yet less expensive workers is a practice that is better suited for managers from comparable generations who understand what motivates workers by generation (Young, 2008). There is also the theories of how contingency-based leadership as defined by Fielder and others (Fielder, Mahar, 1979) have also shown how metrics can define the goodness of fit between a given manager's leadership
Cross-Sectional Study to Determine Factors in the Educational Advancement of the Licensed Practical Nurse to the Registered Nurse in the State of North Carolina According to the Harvard Nursing Research Institute, United States nursing school enrollments dropped by 20.9% from 1995 to 1998 (Healthcare Review, 2000). Behind headlines such as this one are the overwhelming issues which threaten the nursing workforce: 1) staffing cuts, 2) mandatory overtime, and 3) the
Introduction to Johnson and Johnson For a company to be successful, it must continuously build and nurture long-term relationships with its strategic shareholders. Shareholders is anyone who has an interest in an organization ((Noe et al., 2016). They include employees, governments, competitors, suppliers, competitors and customers. One such company is Johnson and Johnson (J&J). It has emerged as one of the most successful company globally because of its values dubbed "Our
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now