
The recession has challenged companies to run a leaner operation. At the same time, customers' expectations for hospitality service are higher than before. Management shifts such burdens to employees, which cause employee resentment and a higher turnover rate. Proactive employers must act immediately to keep their top talent. This paper reviews several key human resource management (HRM) functions that affect retention management. Some innovative ideas of how companies manage employee retentions are also discussed. Conclusions are made to help hospitality companies develop effective strategies in retention management. READ MORE