Module 4 – Case
Employee Retention
Assignment Overview
In the world of business, the high rate of employee turnover can be a significant problem. Economic research suggests that for some industries it can cost up to one-fifth of an employees annual salary to find, train, and hire a suitable replacement. If turnover rates are too high, this represents a significant sunk cost for the company that cannot be recouped. Luckily, by improving the environment at work, practicing smart hiring strategies, and ensuring that your company is optimally-organized, it is possible to keep turnover at a healthy minimum.
Begin this assignment by reading the Overview of the seven chapters in Keswins new book about seven ways to keep employees.
Keswin, E. (2024). Chapter 2: Say goodbye to the lifestyles of the rich and flexible and say hello to flex for all. In The retention revolution: 7 surprising (and very human!) ways to keep employees connected to your company. McGraw-Hill. Available in the Trident Online Library.
Next, review the Raynier video about potential ways to increase employee retention that you can insert into your employee retention plan.
Raynier, L. [Video]. YouTube. Standard YouTube license.
After reviewing Keswins (2024) book and Rayniers video about employers reducing employee turnover, use the strategies described in both to create an employee retention plan that you can present to your current employer.
If you are not currently employed, select a company which you are familiar with, such as a former employer, and create an employee retention plan for that company.
Assignment Expectations
Your paper should be 4 to 5 pages, which means at least 4 full pages. Support your research with three references from peer-reviewed academic journals or textbooks found in Trident Universitys online library. The Keswin and Raynier references are required for this assignment so they must be on your reference list; however, note that videos are always low quality so you will still need a 3rd high-quality reference. The Keswin reference is a high-quality peer-reviewed textbook. Any of the Optional Materials are also high-quality so are useful for meeting the required number of high-quality references to support the work completed for this assignment.
Use the
Once you have proofread your 4- to 5-page paper and compared its content to the assignments Grading Rubric, submit your paper to the appropriate Dropbox by midnight Sunday of the 2nd week of Module 4, the last day of the term.
See the Trident guide to .
Your submission will be assessed on the criteria found in the grading rubric for this assignment.
Required Material
Keswin, E. (2024). Chapter 2: Say goodbye to the lifestyles of the rich and flexible and say hello to flex for all. In The retention revolution: 7 surprising (and very human!) ways to keep employees connected to your company. McGraw-Hill. Available in the Trident Online Library.
Raynier, L. [Video]. YouTube. Standard YouTube license.
Optional Sources
Armstrong, M., & Tayler, S. (2020). Chapter 25: Commitment. In Armstrongs handbook of human resource management practice (15th ed.). Kogan Page. Available in the Trident Online Library, Skillsoft database.
Armstrong, M., & Tayler, S. (2020). Chapter 26: Employee engagement. In Armstrongs handbook of human resource management practice (15th ed.). Kogan Page. Available in the Trident Online Library, Skillsoft database.
Armstrong, M., & Tayler, S. (2020). Chapter 30: Managing employment (Managing employee retention). In Armstrongs handbook of human resource management practice (15th ed.). Kogan Page. Available in the Trident Online Library, Skillsoft database.
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