Employee Retention and Promotion in the Travel Industry along with main three elements which is effecting to the employee retention. Furthermore, Drivers of Employee Engagement and Retention and Backfilling a position in the organizational hierarchy through promotions also highlighted in this presentation.
1
Observation Paper
Observation Paper for Equity Management
Taihessa Lee
Organizational Leadership
Professor Stephen D. Griffin
June 30, 2013
The purpose of this paper is to describe the observable aspects of my current organization’s culture. I will address my perceptions using the following three viewpoints: vision, mission and core values. I am currently employed at Equity Management Corporation, which is a leading third party management company throughout the property management industry. It is a highly competitive organization that works on creating opportunity for their employees and managing with integrity. On the grounds that I work for Equity Management I know first-hand the extent they will go to meet their expectation out of every department and one thing they will always strive to be number one in the housing market. The greater part of these things are expressed inside Equity Management’s vision and mission statement. Their vision and mission are similar as it precisely what the company does and how it plans to develop.
The Mission: Managing with integrity. The Vision: Creating opportunity. The Core Values: will focus on the heart of our company. There are many other parts of Equity. Leasing Agents are the face of Equity. Property Managers are the arms of Equity. Regional Directors represent the head of Equity. But it takes one fundamental body part to keep all this going- the heart. Ultimately, the heart has to beat to make the parts all function together. The heart is where love, care and concern reside evidenced by our commitment to the job, one another and the people we serve. As Equity pays attention to the condition of our personal and corporate heart they can experience a deeper commitment to our everyday activities. The owner’s vision is to improve the heart of Equity in a deeper way. The owner realizes that our hearts inspire us to be our best, and create loyalty in ourselves. Becoming #1 in the industry means being financially strong and growing. But being #1 is also found in a company filled with loyal employees with high integrity, stellar performance while showing you care. I have witnessed this in my current employment with Equity.
Working at the corporate office was hard for me at times because of how clan culture the company is however it likewise has numerous motivating forces as well. I started my employment with Equity Management three years prior. This employment has been assisting me to develop passionately and also professionally. They are showing me to strive to be passionately and the best constantly. The major lesson I am learning while at Equity Management is their Core Values which is the heart of an employee to keep it functioning properly.
A great deal can be learned about an organization by analyzing and exploring the various aspects of organizational observation. My observation of Equity’s leadership and organizational culture would be healthy organization culture. .
Promotion | Human Resource Management (HRM) - Divyansh AgrawalDivyansh Agrawal
Divyansh Agrawal, Divyansh Agrawal Shivpuri, Divyansh Agrawal BBA, Promotion, Human Resource Management, Prestige Institute of Management, PIMR, Purpose Of Promotion, Basis of Promotion,
1
Observation Paper
Observation Paper for Equity Management
Taihessa Lee
Organizational Leadership
Professor Stephen D. Griffin
June 30, 2013
The purpose of this paper is to describe the observable aspects of my current organization’s culture. I will address my perceptions using the following three viewpoints: vision, mission and core values. I am currently employed at Equity Management Corporation, which is a leading third party management company throughout the property management industry. It is a highly competitive organization that works on creating opportunity for their employees and managing with integrity. On the grounds that I work for Equity Management I know first-hand the extent they will go to meet their expectation out of every department and one thing they will always strive to be number one in the housing market. The greater part of these things are expressed inside Equity Management’s vision and mission statement. Their vision and mission are similar as it precisely what the company does and how it plans to develop.
The Mission: Managing with integrity. The Vision: Creating opportunity. The Core Values: will focus on the heart of our company. There are many other parts of Equity. Leasing Agents are the face of Equity. Property Managers are the arms of Equity. Regional Directors represent the head of Equity. But it takes one fundamental body part to keep all this going- the heart. Ultimately, the heart has to beat to make the parts all function together. The heart is where love, care and concern reside evidenced by our commitment to the job, one another and the people we serve. As Equity pays attention to the condition of our personal and corporate heart they can experience a deeper commitment to our everyday activities. The owner’s vision is to improve the heart of Equity in a deeper way. The owner realizes that our hearts inspire us to be our best, and create loyalty in ourselves. Becoming #1 in the industry means being financially strong and growing. But being #1 is also found in a company filled with loyal employees with high integrity, stellar performance while showing you care. I have witnessed this in my current employment with Equity.
Working at the corporate office was hard for me at times because of how clan culture the company is however it likewise has numerous motivating forces as well. I started my employment with Equity Management three years prior. This employment has been assisting me to develop passionately and also professionally. They are showing me to strive to be passionately and the best constantly. The major lesson I am learning while at Equity Management is their Core Values which is the heart of an employee to keep it functioning properly.
A great deal can be learned about an organization by analyzing and exploring the various aspects of organizational observation. My observation of Equity’s leadership and organizational culture would be healthy organization culture. .
Promotion | Human Resource Management (HRM) - Divyansh AgrawalDivyansh Agrawal
Divyansh Agrawal, Divyansh Agrawal Shivpuri, Divyansh Agrawal BBA, Promotion, Human Resource Management, Prestige Institute of Management, PIMR, Purpose Of Promotion, Basis of Promotion,
Cracking The Talent Attraction and Retention CodeWorkforce Group
The quality of your talent plays a pivotal role in determining your company’s success. It is not enough to have a great vision and killer strategies; without the right people in the right positions, your progress will be limited.
Hiring and retaining top talent must be a top priority for your organisation if you want to thrive in your field.
The most successful companies and organisations worldwide understand the importance of having the right people on board even before formulating their strategies. They recognise that their plans and aspirations are unlikely to materialise without a skilled and capable workforce.
These companies prioritise talent acquisition and retention as a fundamental aspect of their business strategy.
In this deck, you’ll learn why attracting and retaining exceptional talent is the foundation for achieving their strategic goals and ensuring long-term success.
You’ll also learn;
1. The strategic importance of hiring and retaining top talent in today’s business world
2. The knowledge and skills necessary to prioritise talent acquisition and retention for organisational success
3. How to create a talent-centric organisational culture
Women with Impact Programme: An IntroductionKate Young
This presentation explores why businesses need to take gender diversity seriously to remain competitive and sustainable. It also introduces our women's development programme that is designed to create strong, confidence and equipped women leaders.
For more information go to bitly.com/womenwithimpact
To understand the drivers of engagement and retention and how to develop and implement a retention strategy
• Aligning retention with an integrated TM framework
• Understanding motivation, engagement, commitment and retention
• customising retention drivers and initiatives
• Diagnostics to test actual drivers and impact of current and future initiatives – interviews, focus groups, surveys, best practice research
• Talent segmentation
• Prioritising initiatives and building a road-map for retention
• Successes and Lessons learnt
Are employees happy working for your home care agency? Follow these tips to ensure you keep them engaged and learn how to retain them for years to come.
Cracking The Talent Attraction and Retention CodeWorkforce Group
The quality of your talent plays a pivotal role in determining your company’s success. It is not enough to have a great vision and killer strategies; without the right people in the right positions, your progress will be limited.
Hiring and retaining top talent must be a top priority for your organisation if you want to thrive in your field.
The most successful companies and organisations worldwide understand the importance of having the right people on board even before formulating their strategies. They recognise that their plans and aspirations are unlikely to materialise without a skilled and capable workforce.
These companies prioritise talent acquisition and retention as a fundamental aspect of their business strategy.
In this deck, you’ll learn why attracting and retaining exceptional talent is the foundation for achieving their strategic goals and ensuring long-term success.
You’ll also learn;
1. The strategic importance of hiring and retaining top talent in today’s business world
2. The knowledge and skills necessary to prioritise talent acquisition and retention for organisational success
3. How to create a talent-centric organisational culture
Women with Impact Programme: An IntroductionKate Young
This presentation explores why businesses need to take gender diversity seriously to remain competitive and sustainable. It also introduces our women's development programme that is designed to create strong, confidence and equipped women leaders.
For more information go to bitly.com/womenwithimpact
To understand the drivers of engagement and retention and how to develop and implement a retention strategy
• Aligning retention with an integrated TM framework
• Understanding motivation, engagement, commitment and retention
• customising retention drivers and initiatives
• Diagnostics to test actual drivers and impact of current and future initiatives – interviews, focus groups, surveys, best practice research
• Talent segmentation
• Prioritising initiatives and building a road-map for retention
• Successes and Lessons learnt
Are employees happy working for your home care agency? Follow these tips to ensure you keep them engaged and learn how to retain them for years to come.
3. What is Employee Retention
The efforts on the part of an employer aimed at creating an environment that
supports the needs of current employees so that they can continue to be part of
an organization
You can prevent top talent from leaving with the right practices and strategies.
Employee turnover is usually high in travel industry.
5 Drivers of Employee Engagement and Retention
• Enable fulfillment. We all accept our jobs for a reason.
• Provide opportunities to grow.
• Empower responsible employees.
• Facilitate collaboration.
• Support success through process and workflows.
4. Importance of Employee Retention
Effective employee retention can save an organization from productivity losses.
Benefits of Employee Retention
• Cost Reduction
• Morale Improvement
• Experienced Employees
• Recruitment and Training Efficiency
• Increased Productivity
• Better Customer Experience
• Improved cooperate culture
• Better Employee Experience
• Increased Revenue
• Improved employee engagement and satisfaction
5. What is a Elevation?
• When an employee is elevated to a higher rank, position, or role
within a business or organization because of their exceptional
performance. Job promotions are usually accompanied by
increased responsibilities or a higher salary.
Backfilling a position in the organizational hierarchy through
promotions
• Creates positivity in the overall environment,
employees moving up the ladder raises
their self esteem, confidence and morale.
• New perspective to a position by someone
who already understands the business.
• Quick filling of the vacancy through
internal resource.
• Developing a competitive space among colleagues and fellow members.
6. Gender Equality and Empowerment
in the Travel Industry
The tourism sector is one area that seems to have more opportunities for women and,
thus, less gender inequalities. However, cases of discrimination are still experienced.
What is Gender Equality;
Gender equality is when people of all genders have equal rights, responsibilities and
opportunities.
Importance of an equal, equitable environment to enable
them to thrive as leaders, entrepreneurs and innovators.
Did you know...?
Gender Equality In Travel Industry Becomes Key Focus At 2021 Global Tourism Summit
7. What is Women Empowerment ?
Empowerment may be defined as including accepting women's
viewpoints or making an effort to seek them, raising the status of
women through education, awareness, literacy, and training.
Did you know...?
• In most regions of the world, women make up the majority of the
travel workforce
• Women tend to be concentrated in the lowest paid and lowest
status jobs in travel industry
• Women perform a large amount of unpaid work in family travel
businesses
8. Summary
Employee Retention:
The efforts on the part of an employer aimed at creating an environment that supports
the needs of current employees so that they can continue to be part of an organization
Promotion :
Getting a promotion can make you gain a strong sense of pride and accomplishment. It
also shows you that your supervisor recognizes your effort and performance. They may
continue to evaluate your performance in your new role and consider you for future
promotions as well.
Gender Equality:
Gender equality in the workforce means being paid the same salary for equal work,
regardless of gender. It also means that if a woman takes time off from work to take
maternity leave, for example, she will not be punished when she returns to work.
Women Empowerment:
Promoting women's sense of self-worth, their ability to determine their own choices,
and their right to influence social change for themselves and within the organization.