Human resources managers in China are facing great challenges because of the high employee turnover. It is crucial for foreign companies to ensure the loyality and satisfaction of the professional and mangerial staff in order to remain competitive.
- Many employee retention programs have a positve effect on the employee’s retention:
- targeted recruitment: a professional selection process does not only take the candidate’s professional skills into account but also the cultural fit of the potential employee to the company.
- Competitive remuneration
- Training programs
- Regular appraisal interviews and target agreements