Hiring for retentionWhat is it and how can it be used to improve recruitment?

Answered: Hiring for retention

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter12: Diversity In Organizations

Section12.2: Diversity And The Workforce

Problem 3.1DQ: How does blind recruiting help organizations? How may it hinder organizations?

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Question

Hiring for retention

What is it and how can it be used to improve recruitment?

Expert Solution

Step 1

Hiring or recruitment is the process through which the organizations fill their workplace with potential and relevant candidates. Hiring is one of the important functions of the Human Resource Management of the organization.

Retention is the process by which the employees working in an organization have been managed and maintained effectively. The retention process enables the organization to reduce the cost of production by reducing the turnover ratio.