Strategies to Retain Employees for the Hudson Company
Autor: shannan88 • April 23, 2016 • Business Plan • 2,567 Words (11 Pages) • 798 Views
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STRATEGIES TO RETAIN
EMPLOYEES FOR
THE HUDSON COMPANY
Prepared for:
Judy Brown, Director Human Resources
The Hudson Company
6585 South Capitol Street
Dayton, OH 45326
Prepared by:
, Research Manager
Administrative Consultants, Inc.
7895 State Avenue
Dayton, OH 45326
April 14, 2014
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April 14, 2014
Ms. Judy Brown
Human Resources Director
The Hudson Company
6585 South Capitol Street
Dayton, OH 45326
Dear Ms. Brown:
Enclosed you will find the research report conducted on strategies to retain employees, which you requested.
Our research consisted of the effects that retention has on an organization, which was broken down into two main turnover costs, direct and indirect. We found that employee satisfaction, knowledge, and cost effectiveness are just a few of the benefits of retaining employees. The strategies that we have found in our research to be effective are detailed in the report. With our recommendations, we are confident that the issue your company is having with employee retention will soon be a thing of the past.
Thank you for giving Administrative Consultants, Inc. the opportunity to conduct this research for you. Please contact me at 937- 869-7245 if you have any questions or need anything in the future.
Sincerely,
Research Manager
Enclosure
TABLE OF CONTENTS
EXECUTIVE SUMMARY V
INTRODUCTION 1
Objective of Study 1
Preview of Report 1
EFFECTS RETENTION HAS ON AN ORGANIZATION 1
Definition of Retention 1
Direct Costs 1
Indirect Costs 2
...