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Hiring And Retaining Valuable Employees

Mike Eissey
December 1, 2008
BUM 3333 (01)
Human Resources Management

Hiring and Retaining Valuable Employees in a Competitive Market

Hiring Qualified Personnel
The people in every organization are the most important resource. To remain successful in business, it is not only essential to hire the very best employees, but it is crucial that you retain these assets. Silverstein (2008) has simply stated “your salespeople are one of your most valuable investments. You recruit them, train them and trust them with your valued customers. You depend on them to keep your business growing.” The hiring process of personnel will involve recruitment, selection and training. Retaining valuable employees with adequate compensation, fringe benefits, fair business relationship, favorable work environment, promoting morale, inspiring confidence and encouraging development help retain long term employment.
Sound personnel relations involve a dual responsibility. An employer is responsible to the organization and the employee. This dual responsibility, based on mutual benefit, is the foundation of good employer-employee relations. Without it there can be no true organizational spirit.
To be able to keep valuable employees it is crucial that the recruitment process is done properly. During the presentation of the company and the interviews it is important to give a realistic job preview, so that the future employees understand where they are heading and what they can expect the job to be like. According to the essays article “How Auditing” (2008) “PhD Robert Sniderman, president of HRFocus USA, argues that employers that want to see high performance must realize that clear visions, purpose, goals, and expectations should be expressed when hiring a new person. Employees need to be able to see the big picture, especially when it comes to how their contributions work toward accomplishing the greater goal.”
Establishing such an interdependent relationship...