Is Money The Only Way To Retain Staff

Is money the only way to have got staff Is money the only way to support staff? Doward (Guardian 2001) states “Sotheby’s having registered $178m of losses this year are spending $40m in a study to retain key Heads of staff”. It might pay Sotheby’s to understand McGregor’s Theories X, Y and Schein`s Social dead reckoning as essential when looking for ways to motivate and retain staff. possible action X used financial rewards and punishments for untrustworthy employees involving phoner policy. Theory Y sees staff needing “care, independence, self-development and creative spend a penny, for company success.

”(Cooper`1998). Schein`s social interaction helped staff “to book a mind of identity and belonging, wanting to be seen as meeting work expectations not merely receiving financial rewards”. Theory X relates more to Taylorism, whilst Theory Y/Social opinions marry Maslow`s idea of Self-Actualisation. Holden(1997)states “ HR Manager&...If you want to attempt a effective essay, order it on our website: BestEssayCheap.com

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