Hr Management

The Big Issue: Hiring, Training, and Retaining Employees in our Economy Today

Submitted in Partial Fulfillment

Of the Requirements for

MBA 560 Human Resources Management for Leaders

Thesis

The purpose of this paper is to expose a dilemma in America’s companies to date. This dilemma does not focus on age or sex discrimination in the workplace, but exposes a reoccurring theme in companies across our country. The issue at hand is once a qualified individual is hired, that employee needs to be trained and retained in the company. The economy remains fragile and jobs are at a premium, but retaining qualified employees continues to be a concern.

In today’s society, much can be learned from the economy and how companies are reacting to the continuing concerns of employee hiring and employee retention. For years, with a strong economy, finding jobs were not at such a high demand. In today’s current state, unemployment rates are still climbing even with attempts to rejuvenate the ailing economy. With the economy in its current state, many individuals are qualified and still cannot find appropriate work. With the current state of our nation’s economy, I believe that most companies are being unrealistic in regards to employee retention and employee overall happiness in the workplace. In the following paper, the topics of costs related to continually training new employees and the ways to improve the turnover of employees in the workplace will be discussed.

Year after year, the economy is scrutinized and there is always hope for vast improvements. Many efforts have been made to try to revitalize the United States economy, but overall these efforts have not done the complete job. Our economy remains fragile, which directly affects many other ways of life that individuals forget about. The housing market, stock market, and individuals financial futures remain up in the air and not secured. These are definitely troubling times and makes employment that much...