Employee Engagement and Retention:

Employee satisfaction is closely linked to the experience of the employee at their organization. Organizations that are looking to avoid employee turnover costs can do it by creating a positive working environment and that can be created by committing to  Diversity Equity and Inclusion, also known as DEI  (Tenney, 2023). DEI means policies and initiatives that support and promote the representation and participation of different groups of individuals regardless of age, race, religion, ethnicity, gender, sexual orientation, or disability (Tenney, 2023). Diversity Diversity means the range of similarities and differences each individual brings to the workplace, including language, race, national origin, ethnicity, gender, age, religion, sexual orientation, disability, and socioeconomic status. It refers not only to physical and social diversity but also to diversity of thought.  When an organization prioritizes diversity as a part of its brand, it can raise the company's g...

Abraham Maslow is an American psychologist who introduced the concept of hierarchy of needs in his paper published in 1943 "A theory of Human Motivation". In his theory, he suggested that people have a number of basic needs that must be met before moving up the hierarchy (Cherry, 2023). Maslow's hierarchy of needs is one of the best-known theories of motivation. According to Maslow our actions are motivated by certain physiological and psychological needs that progress from basic to complex. There are five different levels of Maslow’s hierarchy of needs. Physiological Needs: are those that important for survival, like air, food, water, shelter etc. other than these regular needs, Maslow included sexual reproduction since its essential for survival. Security Needs: People are looking for   control and order in their lives in this stage. Some of the basic security and safety needs include, financial security, health and wellness, Safety against accidents and injury. L...

Hilton is a leading global hospitality company with more than 22 world class hospitality brands which has more than 7500 properties across 120+ countries with more than 1.2million rooms, to manage and operate these properties they have a massive staff of 400,000+ across the world. According to a survey done by Great Place to Work, 95% of employees at Hilton say it is a great place to work compared to 57% of employees at a typical U.S.-based company. 97% of Hilton employees are proud to say they are working for Hilton, 96% feel they are treated as full members regardless of their position. 95% of Hilton customer would rate their service as excellent.  Following are some strategies follows by Hilton in order to keep their employees happy and engaged. According to the video by Connecteam TV on YouTube, Prioritizing their staff.  Hiton is their Staff, and their Staff is Hilton. Hilton employees are "The Product", "The Customer service."  and " The Sales Team" ...

A healthy work/life balance is crucial for employee well-being and job satisfaction. As an employer, recognizing and prioritizing work/life balance not only contributes to the overall happiness and productivity of your workforce but also plays a significant role in retaining top talent. (Knowlton, 2023) As per an online article submitted by CorporateWellnessMagazine.com In the rapidly evolving business environment, companies face increasing pressure to retain their top talent and maintain a competitive edge. One crucial factor that plays a significant role in employee retention is work-life balance. Following are a few key strategies any organization can follow to create a supportive environment that keeps your best employees engaged, motivated, and retained. Flexible Work Arrangements As mentioned by Dr. Calvin Knowlton  Flexible work options, such as remote work, flexible hours, or compressed workweeks, can significantly enhance employees’ work/life balance. During the pande...

Just like in any business model, employee turnover is a major issue for Multinational Corporations (MNCs) as well. Even though MNCs are well established organizations, employees tend to leave due to low salaries, No career growth, work life balance, organizations culture etc. (Johnson, 2022) This article aims to explore how some MNCs apply certain employee retention strategies, to ensure that their turnover rates remain minimal. What is a Multinatiownal Corporations? In simpler terms a company that operates in its based country and has operations in other countries around the world. These operations around other countries are being carried out in the form of offices, factories facilities etc.  Multinational Cooperation (MNC's) are also being referred to as Global Enterprises, Activities for these companies are controlled by the parent company. High turnover, many assets, aggressive marketing are some of the main features of Multinational Companies. Retention strategies used by som...