Human Resource Management in the Big Four. Turnover in the Consulting Industry PDF Download
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Author: Julia Kaiser
Publisher: GRIN Verlag
ISBN: 3346447758
Category : Business & Economics
Languages : en
Pages : 19
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Book Description
Seminar paper from the year 2019 in the subject Business economics - Operations Research, grade: 1.0, Jacobs University Bremen gGmbH, language: English, abstract: Employees are a company's greatest asset and competitive advantage. However, the consulting industry, represented by its flagship companies PWC, EY, KPMG and Deloitte, is facing a major turnover problem during recent years with annual rates between 15 and 20 per cent. This paper investigates two of the major causes for this development; the ‘Meatgrinder Problem’ and the ‘Kickstart Problem’, which form a vicious cycle. Therefore, it is necessary to evaluate whether the industries’ current employee retention mechanisms are sufficient to break the cycle of the two interacting causes for turnover. Summing up the main components associated with the cost of turnover, the Saratoga Institute estimates the average cost of turnover to one time the annual salary of a worker. However, not all kinds of turnover are necessarily detrimental. According to Abelson & Baysinger (1984), some degree of turnover can have positive consequences for organizations like better person-job matches and staffing flexibility. On the other hand, dysfunctional turnover is the voluntary separation of employees whom the organization prefers to retain since these employees have made positive contributions to the organization and, by leaving, detract from overall effectiveness.
Author: Julia Kaiser
Publisher: GRIN Verlag
ISBN: 3346447758
Category : Business & Economics
Languages : en
Pages : 19
Get Book Here
Book Description
Seminar paper from the year 2019 in the subject Business economics - Operations Research, grade: 1.0, Jacobs University Bremen gGmbH, language: English, abstract: Employees are a company's greatest asset and competitive advantage. However, the consulting industry, represented by its flagship companies PWC, EY, KPMG and Deloitte, is facing a major turnover problem during recent years with annual rates between 15 and 20 per cent. This paper investigates two of the major causes for this development; the ‘Meatgrinder Problem’ and the ‘Kickstart Problem’, which form a vicious cycle. Therefore, it is necessary to evaluate whether the industries’ current employee retention mechanisms are sufficient to break the cycle of the two interacting causes for turnover. Summing up the main components associated with the cost of turnover, the Saratoga Institute estimates the average cost of turnover to one time the annual salary of a worker. However, not all kinds of turnover are necessarily detrimental. According to Abelson & Baysinger (1984), some degree of turnover can have positive consequences for organizations like better person-job matches and staffing flexibility. On the other hand, dysfunctional turnover is the voluntary separation of employees whom the organization prefers to retain since these employees have made positive contributions to the organization and, by leaving, detract from overall effectiveness.
Author: Michael Lounsbury
Publisher:
ISBN: 0762313021
Category : Associations, institutions, etc
Languages : en
Pages :
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Book Description
Author: Mary Gowan
Publisher: SAGE Publications
ISBN: 1071927434
Category : Business & Economics
Languages : en
Pages : 706
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Book Description
Formerly published by Chicago Business Press, now published by Sage Human Resource Management: Managing Employees for Competitive Advantage, Fifth Edition offers a strategic framework—applicable across large and small organizations—to efficiently recognize and empower the right talent in a rapidly evolving business environment. Written in an accessible and engaging manner, authors Mary Gowan, Beverly DeMarr, and Jannifer David enable students to learn about the various practices and tools that can be used for effective employee management, as well as how to leverage them in different situations. This title is accompanied by a complete teaching and learning package. Learning Platform / Courseware Sage Vantage is an intuitive learning platform that integrates quality Sage textbook content with assignable multimedia activities and auto-graded assessments to drive student engagement and ensure accountability. Unparalleled in its ease of use and built for dynamic teaching and learning, Vantage offers customizable LMS integration and best-in-class support. It′s a learning platform you, and your students, will actually love. Assignable Video with Assessment Assignable video (available in Sage Vantage) is tied to learning objectives and curated exclusively for this text to bring concepts to life. LMS Cartridge: Import this title’s instructor resources into your school’s learning management system (LMS) and save time. Don’t use an LMS? You can still access all of the same online resources for this title via the password-protected Instructor Resource Site.
Author: John A Brierley
Publisher: Routledge
ISBN: 1351807625
Category : Social Science
Languages : en
Pages : 151
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Book Description
This title was first published in 2001: Focusing on human resource management practices in the multinational multi-service providers, this text presents some complex academic research in an accessible form. This book collates and reviews, in a manner designed to be both accessible and comprehensible to the interested reader, the extensive body of academic literature which has been developed since the 1980s. In addition, it provides a perspective on human resource management issues, practices and problems based in part on interviews with senior personnel. Most suitable for scholars and practitioners of business and management, social policy/sociology and economics.
Author: Michel E. Domsch
Publisher: Springer Science & Business Media
ISBN: 3540311386
Category : Business & Economics
Languages : en
Pages : 223
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Book Description
This book presents insider reports from high-profile international consultancies which allow practitioners, scholars and graduates to gain a rare, unvarnished insight into people management in business consulting. In addition to a comprehensive overview of existing H-R systems, the book provides details of practices dealing with issues such as value-oriented corporate culture, gender diversity management, employability, leadership development, knowledge management and employer branding.
Author: Svetlana Igorevna Ashmarina
Publisher: Springer Nature
ISBN: 3030948730
Category : Technology & Engineering
Languages : en
Pages : 563
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Book Description
This book contains contributions from an international scientific conference, “Smart Nations: Global Trends In The Digital Economy”, which was organized by the State University of Management (Moscow). By presenting international research on the issues of the Smart Nations concept, this book includes topics such as state and legal aspects of digital transformation of management systems, new technologies in the digital environment of the information society and smart economy as a new reality. The conference proceedings cover legal, informational, technological and other aspects of socio-economic development in the context of digital innovations. This work addresses theoretical and practical aspects by studying the phenomenon of Smart Nations that requires understanding the modern information technologies, big data analysis, distributed registry management, new microprocessor technologies and broadband data transmission technologies in terms of their usefulness and accessibility to any representative of humanity.
Author: Peter Wollmann
Publisher: Springer Nature
ISBN: 3030232271
Category : Business & Economics
Languages : en
Pages : 264
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Book Description
This book, written by an interdisciplinary team of authors, explores the transformation of organizations in today’s volatile, uncertain, and ambiguous (VUCA) world. It demonstrates the need to manage organizations in a dynamic way, and to revisit and in some cases reinvent working and leadership styles that seemed appropriate during past decades and centuries. In turn, the book puts forward a model based on three distinct pillars of organization and leadership to suit disruptive times: the concepts of 'Sustainable Purpose', 'Travelling Organization', and 'Connecting Resources'. These pillars challenge many of our traditional organizational patterns and meet the need for effective transformative approaches.
Author: Jack W. Plunkett
Publisher: Plunkett Research, Ltd.
ISBN: 1593920709
Category : Business & Economics
Languages : en
Pages : 418
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Book Description
Covers trends in consulting in such fields as marketing, information technology, management, logistics, supply chain, manufacturing and health care. This guide contains contacts for business and industry leaders, industry associations, Internet sites and other resources. It also includes statistical tables, an industry glossary and indexes.
Author: Stephan Kaiser
Publisher: Springer Science & Business Media
ISBN: 3642160638
Category : Business & Economics
Languages : en
Pages : 211
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Book Description
Managing strategies for professional service firms is an important and complex activity. The main issues in this book cover the core management principles for service firms in a comprehensive way. Based on current research findings it includes the management of service quality, knowledge and marketing as well as people, organizational and strategic issues. In understanding critical resources managers and partners will be able to effectively develop and exploit them. The book contains practical advice and offers a profound insight into the managerial excellence of service companies.
Author: Heather Townsend
Publisher: Kogan Page Publishers
ISBN: 0749498382
Category : Business & Economics
Languages : en
Pages : 364
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Book Description
Becoming a partner in a professional services firm is for many ambitious fee-earners the ultimate goal. But in this challenging industry, with long hours, high pressure and even higher expectations, how do you stand out from the crowd? How do you build the most effective relationships? And how do you find the time to do all of this and still have a fulfilling personal life? Now in its third edition, How to Make Partner and Still Have a Life equips individuals at the start of their career through to partner with the skills needed to reach and succeed at the leadership level. How to Make Partner and Still Have a Life details the expectations and realities of being a partner and outlines how you can continue to achieve once you have obtained the much-coveted role. This edition is updated with guidance on developing the right mindset for success and the importance of mentoring and sponsorship. There is a specific focus on women and BAME professionals and the challenges faced by individuals coming from non-traditional or under-represented backgrounds. Heather Townsend and Jo Larbie provide a guide to help you tackle common obstacles and work smarter - not harder - to reach the top. Start your journey to partnership and still have the time for a life outside of work.
