Is Money The Only Way To Retain Staff

Is money the only way to have got staff Is capital the only way to view as staff? Doward (Guardian 2001) states “Sotheby’s having registered $178m of losings 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 shot as essential when looking for ways to motivate and retain staff. conjecture X used financial rewards and punishments for untrustworthy employees involving telephoner 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 hold in 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 fit Maslow`s idea of Self-Actualisation. Holden(1997)states “ HR Manager&...If you want to bring out a effective essay, order it on our website: BestEssayCheap.com

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