Human resource people must be aware of all the laws that affect the workplace. An HRM professional might work with some of thHRM Retention involves keeping and motivating employees to stay with the organization. Compensation is a major factor in employee retention, but there are other factors as well. Ninety percent of employees leave a company for the following reasons:
- The job they are performing
- Challenges with their manager
- Poor fit with organizational culture
- Poor workplace environment
Despite this, 90 percent of managers think employees leave as a result of pay. 1 As a result, managers often try to change their compensation packages to keep people from leaving, when compensation isn’t the reason they are leaving at all. "Retention and Motivation" and "Employee Assessment" discuss some strategies to retain the best employees based on these four factors.