Measuring sticks for retention of talented workforce
For an organization to be successful, it is important to retain its talented workforce. Each organization would have made a huge investment in developing the talented workforce. And to reap the gains for the investment it made, first it is important to know how to retain their talented workforce.
For the organizations to do so, it should address the QWL (Quality of Work Life) of the workforce. The following plays the part in the QWL of the workforce:
The measuring sticks of QWL are:
For the organizations to do so, it should address the QWL (Quality of Work Life) of the workforce. The following plays the part in the QWL of the workforce:
- the task assigned
- the physical and social environment within the organization
- the administrative system of the organization
- the relationship between life on and off the job
The measuring sticks of QWL are:
- Pay and allowance
- Career advancement
- Compensation
- Recognition and praise
- Job safety and security
- Working condition
- Interpersonal relations
- Job stress
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