Employee retention in the manufacturing sector: is there a simple solution?
Employee retention is one of the key issues in many organizations. The inability to retain employees can cost the organization financially and nonfinancially. Although employee retention has been widely investigated, less attention is given to the manufacturing sector. Such neglect is unfortunate be...
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| Format: | Book Section |
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Springer
2019
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| _version_ | 1825805496536268800 |
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| author | Subramaniam, Chandrakantan Suan, Choo Ling Johari, Johanim |
| author2 | Mat Noor, Ahmad Nizan |
| author_facet | Mat Noor, Ahmad Nizan Subramaniam, Chandrakantan Suan, Choo Ling Johari, Johanim |
| author_sort | Subramaniam, Chandrakantan |
| collection | UUM |
| description | Employee retention is one of the key issues in many organizations. The inability to retain employees can cost the organization financially and nonfinancially. Although employee retention has been widely investigated, less attention is given to the manufacturing sector. Such neglect is unfortunate because the manufacturing sector in Malaysia is reported to experience between 18% and 20% annual human capital turnover rates. This chapter argues that despite having limited resources to formulate a holistic mechanism to retain employees, concern for employee retention should not be ignored. Against this backdrop, this chapter proposes a model that hypothesizes the role of management practices in promoting employee retention initiatives. |
| first_indexed | 2024-07-04T06:33:18Z |
| format | Book Section |
| id | uum-26573 |
| institution | Universiti Utara Malaysia |
| last_indexed | 2024-07-04T06:33:18Z |
| publishDate | 2019 |
| publisher | Springer |
| record_format | eprints |
| spelling | uum-265732019-11-05T08:37:16Z https://repo.uum.edu.my/id/eprint/26573/ Employee retention in the manufacturing sector: is there a simple solution? Subramaniam, Chandrakantan Suan, Choo Ling Johari, Johanim HD28 Management. Industrial Management Employee retention is one of the key issues in many organizations. The inability to retain employees can cost the organization financially and nonfinancially. Although employee retention has been widely investigated, less attention is given to the manufacturing sector. Such neglect is unfortunate because the manufacturing sector in Malaysia is reported to experience between 18% and 20% annual human capital turnover rates. This chapter argues that despite having limited resources to formulate a holistic mechanism to retain employees, concern for employee retention should not be ignored. Against this backdrop, this chapter proposes a model that hypothesizes the role of management practices in promoting employee retention initiatives. Springer Mat Noor, Ahmad Nizan Mohd Zakuan, Zeti Zuryani Muhamad Noor, Sarina 2019 Book Section PeerReviewed Subramaniam, Chandrakantan and Suan, Choo Ling and Johari, Johanim (2019) Employee retention in the manufacturing sector: is there a simple solution? In: Proceedings of the Second International Conference on the Future of ASEAN (ICoFA) 2017 - Volume 1. Springer, Singapore, pp. 103-110. ISBN 978-981-10-8729-5 http://doi.org/10.1007/978-981-10-8730-1_11 doi:10.1007/978-981-10-8730-1_11 doi:10.1007/978-981-10-8730-1_11 |
| spellingShingle | HD28 Management. Industrial Management Subramaniam, Chandrakantan Suan, Choo Ling Johari, Johanim Employee retention in the manufacturing sector: is there a simple solution? |
| title | Employee retention in the manufacturing sector: is there a simple solution? |
| title_full | Employee retention in the manufacturing sector: is there a simple solution? |
| title_fullStr | Employee retention in the manufacturing sector: is there a simple solution? |
| title_full_unstemmed | Employee retention in the manufacturing sector: is there a simple solution? |
| title_short | Employee retention in the manufacturing sector: is there a simple solution? |
| title_sort | employee retention in the manufacturing sector is there a simple solution |
| topic | HD28 Management. Industrial Management |
| work_keys_str_mv | AT subramaniamchandrakantan employeeretentioninthemanufacturingsectoristhereasimplesolution AT suanchooling employeeretentioninthemanufacturingsectoristhereasimplesolution AT joharijohanim employeeretentioninthemanufacturingsectoristhereasimplesolution |