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Managing
Careers &
Retention
Presentation
for
Learning Objectives
❑ 10-1. Describe what employers and supervisors can do
to support employees’ career development needs.
❑ 10-2. Explain why career development can improve
employee engagement.
❑ 10-3. Describe a comprehensive approach to retaining
employees.
❑ 10-4. List and briefly explain the main decisions
employers should address in reaching promotion and
other employee life-cycle career decisions.
❑ 10-5. Explain each of the main grounds for dismissal.
1. Describe what employers
and supervisors can do
to support employees
career development
needs
Career Management
Career: The occupational or professional
positions a person hold over the years.
Career management: The process for enabling
employees to better understand and develop
their career skills and interests, and to use these
skills and interests more effectively.
Career development: The lifelong series of
activities that contribute to a person’s career
exploration, establishment, success, and
fulfillment.
Career planning: The deliberate process
through which someone becomes aware of
personal skills, interests, knowledge,
motivations, and other characteristics and
establishes action plans to attain specific goals.
psychological contract:
psychological contract: is “an unwritten agreement that
exists between employers and employees. "The psychological
contract identifies each party’s mutual expectations about what
the employer and employee expect of each other.
The employee’s role in career
management
The employee, the manager, and the employer all have
roles in the employee’s career development.
❑ Accept responsibility for your own career.
❑ Assess your interests, skills, and values.
❑ Seek out career information and resources.
❑ Establish goals and career plans.
❑ Utilize development opportunities.
❑ Talk with your manager about your career.
❑ Follow through on realistic career plans.
The employer’s role in career
management
Along with the employee, the person’s manager and employer have
career management responsibilities. These depend partly on how long
the employee has been with the firm.
❖ Realistic job Interviews
❖ Challenging first jobs
❖ Career-oriented appraisals
❖ Job rotation
The employer’s role in career
management
Reality Shock: Some refer to this as preventing reality shock, a
phenomenon that occurs when a new employee’s high
expectations and enthusiasm confront the reality of a boring,
unchallenging job.
❑ Employer career
management methods
It pays to help employees improve their careers. Some of the methods
that employer’s utilize are:
1. Career Development Training : Some employers create Web-based or
offline libraries of career development materials, for employees to
utilize.
2. A career planning workshop : Is “a planned learning event in which
participants are expected to be actively involved, completing career
planning exercises and inventories and participating in career skills
practice sessions.
3. Career coaches : Generally help employees create 1- to 5-year plans
showing where their careers with the firm may lead. The coaches help
individual employees identify their development needs and obtain the
training, professional development, and networking opportunities they
require to satisfy those needs.
The Manager as Mentor and Coach
Mentoring: Advising, counseling, and guiding.
Coaching: Educating, instructing, and training subordinates.
Manager as mentor and coach should:
1. Set High Standards
2. Invest The Time
3. Requires Trust
4. Professional Competence
5. Consistency
6. Ability to Communicate
7. Share Control
2. Explain why career development
can improve employee engagement
Employee Engagement Guide
for Managers
⮚ Career management
Is the process for enabling employees to better understand and
develop their career skills and interests and to use these skills and
interests most effectively both within the company and after they leave
the firm.
⮚ Commitment-Oriented Career Development Efforts
Given the importance to most people of having a fulfilling and
successful career, career planning and development can play an
important role in engagement. Managed effectively, the employer’s
career development process should send the signal that the employer
cares about the employee’s career success.
3. Describe a comprehensive
approach to retaining employees
Managing Employee
Turnover and Retention
Turnover: defined as the rate at which employees leave the
firm varies markedly among industries.
❑ Cost of turnover:
✔ The costs to employers of turnover are high.
✔ Reducing turnover requires identify and managing the
reasons for both voluntary and involuntary turnover.
Retention: refers to the various policies and practices
which let employees stick to the organization for a longer
period of time
Managing Voluntary
Turnover
Employers ranked the top five reasons employees left as:
❑ Promotion
❑ Career development
❑ Pay
❑ Relationship with supervisor
❑ Work–life balance
❑ Health-care benefits
❑ Unfairness
❑ Not having their voices heard
❑ A lack of recognition
1. Describe what employers
and supervisors can do
to support employees
career development
needs
Career Management
Career: The occupational or professional
positions a person hold over the years.
Career management: The process for enabling
employees to better understand and develop
their career skills and interests, and to use these
skills and interests more effectively.
Career development: The lifelong series of
activities that contribute to a person’s career
exploration, establishment, success, and
fulfillment.
Career planning: The deliberate process
through which someone becomes aware of
personal skills, interests, knowledge,
motivations, and other characteristics and
establishes action plans to attain specific goals.
psychological contract:
psychological contract: is “an unwritten agreement that
exists between employers and employees. "The psychological
contract identifies each party’s mutual expectations about what
the employer and employee expect of each other.
The employee’s role in career
management
The employee, the manager, and the employer all have
roles in the employee’s career development.
❑ Accept responsibility for your own career.
❑ Assess your interests, skills, and values.
❑ Seek out career information and resources.
❑ Establish goals and career plans.
❑ Utilize development opportunities.
❑ Talk with your manager about your career.
❑ Follow through on realistic career plans.
The employer’s role in career
management
Along with the employee, the person’s manager and employer have
career management responsibilities. These depend partly on how long
the employee has been with the firm.
❖ Realistic job Interviews
❖ Challenging first jobs
❖ Career-oriented appraisals
❖ Job rotation
The employer’s role in career
management
Reality Shock: Some refer to this as preventing reality shock, a
phenomenon that occurs when a new employee’s high
expectations and enthusiasm confront the reality of a boring,
unchallenging job.
❑ Employer career
management methods
It pays to help employees improve their careers. Some of the methods
that employer’s utilize are:
1. Career Development Training : Some employers create Web-based or
offline libraries of career development materials, for employees to
utilize.
2. A career planning workshop : Is “a planned learning event in which
participants are expected to be actively involved, completing career
planning exercises and inventories and participating in career skills
practice sessions.
3. Career coaches : Generally help employees create 1- to 5-year plans
showing where their careers with the firm may lead. The coaches help
individual employees identify their development needs and obtain the
training, professional development, and networking opportunities they
require to satisfy those needs.
Managing Employee
Turnover and Retention
Turnover: defined as the rate at which employees leave the
firm varies markedly among industries.
❑ Cost of turnover:
✔ The costs to employers of turnover are high.
✔ Reducing turnover requires identify and managing the
reasons for both voluntary and involuntary turnover.
Retention: refers to the various policies and practices
which let employees stick to the organization for a longer
period of time
Managing Voluntary
Turnover
Employers ranked the top five reasons employees left as:
❑ Promotion
❑ Career development
❑ Pay
❑ Relationship with supervisor
❑ Work–life balance
❑ Health-care benefits
❑ Unfairness
❑ Not having their voices heard
❑ A lack of recognition
A Comprehensive Approach to
Retaining Employees
I. Exit Interviews
II. Attitude Surveys
III. Open door (Hotlines)
IV. Stay Interviews
A Comprehensive Approach to
Retaining Employees
I. Exit Interviews
II. Attitude Surveys
III. Open door (Hotlines)
IV. Stay Interviews
Job Withdrawal
Withdrawal: separating oneself from one’s current situation, it’s a
means of escape for someone who is dissatisfied or fearful.
❑ Voluntary turnover is just one way that employees withdraw.
❑ Absences and voluntary turnover are two obvious types of job
withdrawal.
4. List and briefly explain the main
decisions employers should
address in reaching promotion and
other employee life-cycle career
decisions.
Employee Life-Cycle
Career Management
❑ Promotion: Advancement to a position of
increased responsibility.
❑ Transfers: Reassignments to similar
positions in other parts of the firm.
Making Promotion
Decisions
❑ Decision 1: Is seniority or competence
the rule?
❑ Decision 2: How should we measure
competence?
❑ Decision 3: Is the process formal or
informal?
❑ Decision 4: Vertical, horizontal, or other?
Managing Transfers
A transfer: is a move from one job to another, usually with no change
in salary or grade.
❑ Employers may transfer a worker to vacate a position where he or
she is no longer needed, to fill one where he or she is needed, or
more generally to find a better fit for the employee within the firm.
❑ Many firms boost productivity by consolidating positions. Transfers
are a way to give displaced employees a chance for another
assignment or some personal growth.
✔ Employees seek transfers for many reasons:
✔ Including personal enrichment
✔ More interesting jobs
✔ Greater convenience better hours
✔ Location of work
✔ Jobs offering greater advancement possibilities.
1. Describe what employers
and supervisors can do
to support employees
career development
needs
Career Management
Career: The occupational or professional
positions a person hold over the years.
Career management: The process for enabling
employees to better understand and develop
their career skills and interests, and to use these
skills and interests more effectively.
Career development: The lifelong series of
activities that contribute to a person’s career
exploration, establishment, success, and
fulfillment.
Career planning: The deliberate process
through which someone becomes aware of
personal skills, interests, knowledge,
motivations, and other characteristics and
establishes action plans to attain specific goals.
psychological contract:
psychological contract: is “an unwritten agreement that
exists between employers and employees. "The psychological
contract identifies each party’s mutual expectations about what
the employer and employee expect of each other.
The employee’s role in career
management
The employee, the manager, and the employer all have
roles in the employee’s career development.
❑ Accept responsibility for your own career.
❑ Assess your interests, skills, and values.
❑ Seek out career information and resources.
❑ Establish goals and career plans.
❑ Utilize development opportunities.
❑ Talk with your manager about your career.
❑ Follow through on realistic career plans.
The employer’s role in career
management
Along with the employee, the person’s manager and employer have
career management responsibilities. These depend partly on how long
the employee has been with the firm.
❖ Realistic job Interviews
❖ Challenging first jobs
❖ Career-oriented appraisals
❖ Job rotation
The employer’s role in career
management
Reality Shock: Some refer to this as preventing reality shock, a
phenomenon that occurs when a new employee’s high
expectations and enthusiasm confront the reality of a boring,
unchallenging job.
❑ Employer career
management methods
It pays to help employees improve their careers. Some of the methods
that employer’s utilize are:
1. Career Development Training : Some employers create Web-based or
offline libraries of career development materials, for employees to
utilize.
2. A career planning workshop : Is “a planned learning event in which
participants are expected to be actively involved, completing career
planning exercises and inventories and participating in career skills
practice sessions.
3. Career coaches : Generally help employees create 1- to 5-year plans
showing where their careers with the firm may lead. The coaches help
individual employees identify their development needs and obtain the
training, professional development, and networking opportunities they
require to satisfy those needs.
Managing Employee
Turnover and Retention
Turnover: defined as the rate at which employees leave the
firm varies markedly among industries.
❑ Cost of turnover:
✔ The costs to employers of turnover are high.
✔ Reducing turnover requires identify and managing the
reasons for both voluntary and involuntary turnover.
Retention: refers to the various policies and practices
which let employees stick to the organization for a longer
period of time
Managing Voluntary
Turnover
Employers ranked the top five reasons employees left as:
❑ Promotion
❑ Career development
❑ Pay
❑ Relationship with supervisor
❑ Work–life balance
❑ Health-care benefits
❑ Unfairness
❑ Not having their voices heard
❑ A lack of recognition
A Comprehensive Approach to
Retaining Employees
I. Exit Interviews
II. Attitude Surveys
III. Open door (Hotlines)
IV. Stay Interviews
A Comprehensive Approach to
Retaining Employees
I. Exit Interviews
II. Attitude Surveys
III. Open door (Hotlines)
IV. Stay Interviews
4. List and briefly explain the main
decisions employers should
address in reaching promotion and
other employee life-cycle career
decisions.
Managing Transfers
A transfer: is a move from one job to another, usually with no change
in salary or grade.
❑ Employers may transfer a worker to vacate a position where he or
she is no longer needed, to fill one where he or she is needed, or
more generally to find a better fit for the employee within the firm.
❑ Many firms boost productivity by consolidating positions. Transfers
are a way to give displaced employees a chance for another
assignment or some personal growth.
✔ Employees seek transfers for many reasons:
✔ Including personal enrichment
✔ More interesting jobs
✔ Greater convenience better hours
✔ Location of work
✔ Jobs offering greater advancement possibilities.
Managing
Retirements
⮚ “Retirement planning” is no longer just about helping current
employees slip into retirement. It should also help the employer to
retain the skills and brainpower of those who would normally retire
and leave the firm.
⮚ Retirement planning is a significant issue for employers.
⮚ Many have wisely chosen to fill their staffing gaps in part with
current or soon-to-be retirees.
⮚ Some techniques employers use to keep older workers include:
I. Offering them part-time positions.
II. Hiring them as consultants or temporary workers.
III. Offering them flexible work arrangements.
IV. Encouraging them to work past traditional retirement age.
V. Providing training to upgrade skills and instituting a phased
retirement program.
5. Explain each of the main grounds
for dismissal.
Managing Dismissals
Dismissal: Involuntary termination of an employee’s
employment with the firm.
Insubordination: Willful disregard or disobedience of the
boss’s authority or legitimate orders; criticizing the boss in
public
1. There are four bases for dismissal:
2. Unsatisfactory performance
3. Misconduct
4. Lack of qualifications for the job
5. Changed requirements of (or elimination of) the job.
Grounds for Dismissal
⮚ Unsatisfactory Performance
⮚ Misconduct
⮚ Lack of Qualifications for the Job
⮚ Changed Requirements of the Job
⮚ Insubordination
Managing
Retirements
⮚ “Retirement planning” is no longer just about helping current
employees slip into retirement. It should also help the employer to
retain the skills and brainpower of those who would normally retire
and leave the firm.
⮚ Retirement planning is a significant issue for employers.
⮚ Many have wisely chosen to fill their staffing gaps in part with
current or soon-to-be retirees.
⮚ Some techniques employers use to keep older workers include:
I. Offering them part-time positions.
II. Hiring them as consultants or temporary workers.
III. Offering them flexible work arrangements.
IV. Encouraging them to work past traditional retirement age.
V. Providing training to upgrade skills and instituting a phased
retirement program.
5. Explain each of the main grounds
for dismissal.
Managing Dismissals
Dismissal: Involuntary termination of an employee’s
employment with the firm.
Insubordination: Willful disregard or disobedience of the
boss’s authority or legitimate orders; criticizing the boss in
public
1. There are four bases for dismissal:
2. Unsatisfactory performance
3. Misconduct
4. Lack of qualifications for the job
5. Changed requirements of (or elimination of) the job.
Grounds for Dismissal
⮚ Unsatisfactory Performance
⮚ Misconduct
⮚ Lack of Qualifications for the Job
⮚ Changed Requirements of the Job
⮚ Insubordination
Fairness Safeguards
1. Allow a Full Explanation
2. Multistep procedure / Appeal process
3. Person who does the dismissal
4. Severance Pay
Avoiding Wrongful
Discharge Suits
Wrongful Discharge (or termination):
Occurs when an employee’s
dismissal does not comply with the
law or with the contractual
arrangement stated or implied by the
employer.
The Exit Process and
Termination Interview
1. Plan the interview carefully
2. Get to the point
3. Describe the situation
4. Listen
5. Review the severance package
6. Identify the next step
Adjusting to Downsizing and
Mergers
Downsizing means reducing, usually dramatically, the number of people employed by
a firm. The basic idea is to cut costs and raise profitability. Downsizings (some call
them “productivity transformation programs”) require careful consideration of several
matters:
❑ First is making sure the right people are let go; this requires having an
effective appraisal system in place.
❑ Second is compliance with all applicable laws, including WARN.
❑ Third is executing the dismissals in a manner that is just and fair.
❑ Fourth is security, for instance, retrieving keys and ensuring that those
leaving don’t take prohibited items with them.
❑ Fifth is reducing the remaining employees’ uncertainty and addressing their
concerns. This typically involves a post-downsizing announcement and
program, including meetings where senior managers field questions from
the remaining employees.
Any Questions?

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Managing careers & retention 3

  • 2. Learning Objectives ❑ 10-1. Describe what employers and supervisors can do to support employees’ career development needs. ❑ 10-2. Explain why career development can improve employee engagement. ❑ 10-3. Describe a comprehensive approach to retaining employees. ❑ 10-4. List and briefly explain the main decisions employers should address in reaching promotion and other employee life-cycle career decisions. ❑ 10-5. Explain each of the main grounds for dismissal.
  • 3. 1. Describe what employers and supervisors can do to support employees career development needs
  • 4. Career Management Career: The occupational or professional positions a person hold over the years. Career management: The process for enabling employees to better understand and develop their career skills and interests, and to use these skills and interests more effectively. Career development: The lifelong series of activities that contribute to a person’s career exploration, establishment, success, and fulfillment. Career planning: The deliberate process through which someone becomes aware of personal skills, interests, knowledge, motivations, and other characteristics and establishes action plans to attain specific goals.
  • 5. psychological contract: psychological contract: is “an unwritten agreement that exists between employers and employees. "The psychological contract identifies each party’s mutual expectations about what the employer and employee expect of each other.
  • 6. The employee’s role in career management The employee, the manager, and the employer all have roles in the employee’s career development. ❑ Accept responsibility for your own career. ❑ Assess your interests, skills, and values. ❑ Seek out career information and resources. ❑ Establish goals and career plans. ❑ Utilize development opportunities. ❑ Talk with your manager about your career. ❑ Follow through on realistic career plans.
  • 7. The employer’s role in career management Along with the employee, the person’s manager and employer have career management responsibilities. These depend partly on how long the employee has been with the firm. ❖ Realistic job Interviews ❖ Challenging first jobs ❖ Career-oriented appraisals ❖ Job rotation
  • 8. The employer’s role in career management Reality Shock: Some refer to this as preventing reality shock, a phenomenon that occurs when a new employee’s high expectations and enthusiasm confront the reality of a boring, unchallenging job.
  • 9. ❑ Employer career management methods It pays to help employees improve their careers. Some of the methods that employer’s utilize are: 1. Career Development Training : Some employers create Web-based or offline libraries of career development materials, for employees to utilize. 2. A career planning workshop : Is “a planned learning event in which participants are expected to be actively involved, completing career planning exercises and inventories and participating in career skills practice sessions. 3. Career coaches : Generally help employees create 1- to 5-year plans showing where their careers with the firm may lead. The coaches help individual employees identify their development needs and obtain the training, professional development, and networking opportunities they require to satisfy those needs.
  • 10. The Manager as Mentor and Coach Mentoring: Advising, counseling, and guiding. Coaching: Educating, instructing, and training subordinates. Manager as mentor and coach should: 1. Set High Standards 2. Invest The Time 3. Requires Trust 4. Professional Competence 5. Consistency 6. Ability to Communicate 7. Share Control
  • 11. 2. Explain why career development can improve employee engagement
  • 12. Employee Engagement Guide for Managers ⮚ Career management Is the process for enabling employees to better understand and develop their career skills and interests and to use these skills and interests most effectively both within the company and after they leave the firm. ⮚ Commitment-Oriented Career Development Efforts Given the importance to most people of having a fulfilling and successful career, career planning and development can play an important role in engagement. Managed effectively, the employer’s career development process should send the signal that the employer cares about the employee’s career success.
  • 13. 3. Describe a comprehensive approach to retaining employees
  • 14. Managing Employee Turnover and Retention Turnover: defined as the rate at which employees leave the firm varies markedly among industries. ❑ Cost of turnover: ✔ The costs to employers of turnover are high. ✔ Reducing turnover requires identify and managing the reasons for both voluntary and involuntary turnover. Retention: refers to the various policies and practices which let employees stick to the organization for a longer period of time
  • 15. Managing Voluntary Turnover Employers ranked the top five reasons employees left as: ❑ Promotion ❑ Career development ❑ Pay ❑ Relationship with supervisor ❑ Work–life balance ❑ Health-care benefits ❑ Unfairness ❑ Not having their voices heard ❑ A lack of recognition
  • 16. 1. Describe what employers and supervisors can do to support employees career development needs
  • 17. Career Management Career: The occupational or professional positions a person hold over the years. Career management: The process for enabling employees to better understand and develop their career skills and interests, and to use these skills and interests more effectively. Career development: The lifelong series of activities that contribute to a person’s career exploration, establishment, success, and fulfillment. Career planning: The deliberate process through which someone becomes aware of personal skills, interests, knowledge, motivations, and other characteristics and establishes action plans to attain specific goals.
  • 18. psychological contract: psychological contract: is “an unwritten agreement that exists between employers and employees. "The psychological contract identifies each party’s mutual expectations about what the employer and employee expect of each other.
  • 19. The employee’s role in career management The employee, the manager, and the employer all have roles in the employee’s career development. ❑ Accept responsibility for your own career. ❑ Assess your interests, skills, and values. ❑ Seek out career information and resources. ❑ Establish goals and career plans. ❑ Utilize development opportunities. ❑ Talk with your manager about your career. ❑ Follow through on realistic career plans.
  • 20. The employer’s role in career management Along with the employee, the person’s manager and employer have career management responsibilities. These depend partly on how long the employee has been with the firm. ❖ Realistic job Interviews ❖ Challenging first jobs ❖ Career-oriented appraisals ❖ Job rotation
  • 21. The employer’s role in career management Reality Shock: Some refer to this as preventing reality shock, a phenomenon that occurs when a new employee’s high expectations and enthusiasm confront the reality of a boring, unchallenging job.
  • 22. ❑ Employer career management methods It pays to help employees improve their careers. Some of the methods that employer’s utilize are: 1. Career Development Training : Some employers create Web-based or offline libraries of career development materials, for employees to utilize. 2. A career planning workshop : Is “a planned learning event in which participants are expected to be actively involved, completing career planning exercises and inventories and participating in career skills practice sessions. 3. Career coaches : Generally help employees create 1- to 5-year plans showing where their careers with the firm may lead. The coaches help individual employees identify their development needs and obtain the training, professional development, and networking opportunities they require to satisfy those needs.
  • 23. Managing Employee Turnover and Retention Turnover: defined as the rate at which employees leave the firm varies markedly among industries. ❑ Cost of turnover: ✔ The costs to employers of turnover are high. ✔ Reducing turnover requires identify and managing the reasons for both voluntary and involuntary turnover. Retention: refers to the various policies and practices which let employees stick to the organization for a longer period of time
  • 24. Managing Voluntary Turnover Employers ranked the top five reasons employees left as: ❑ Promotion ❑ Career development ❑ Pay ❑ Relationship with supervisor ❑ Work–life balance ❑ Health-care benefits ❑ Unfairness ❑ Not having their voices heard ❑ A lack of recognition
  • 25. A Comprehensive Approach to Retaining Employees I. Exit Interviews II. Attitude Surveys III. Open door (Hotlines) IV. Stay Interviews
  • 26. A Comprehensive Approach to Retaining Employees I. Exit Interviews II. Attitude Surveys III. Open door (Hotlines) IV. Stay Interviews
  • 27. Job Withdrawal Withdrawal: separating oneself from one’s current situation, it’s a means of escape for someone who is dissatisfied or fearful. ❑ Voluntary turnover is just one way that employees withdraw. ❑ Absences and voluntary turnover are two obvious types of job withdrawal.
  • 28. 4. List and briefly explain the main decisions employers should address in reaching promotion and other employee life-cycle career decisions.
  • 29. Employee Life-Cycle Career Management ❑ Promotion: Advancement to a position of increased responsibility. ❑ Transfers: Reassignments to similar positions in other parts of the firm.
  • 30. Making Promotion Decisions ❑ Decision 1: Is seniority or competence the rule? ❑ Decision 2: How should we measure competence? ❑ Decision 3: Is the process formal or informal? ❑ Decision 4: Vertical, horizontal, or other?
  • 31. Managing Transfers A transfer: is a move from one job to another, usually with no change in salary or grade. ❑ Employers may transfer a worker to vacate a position where he or she is no longer needed, to fill one where he or she is needed, or more generally to find a better fit for the employee within the firm. ❑ Many firms boost productivity by consolidating positions. Transfers are a way to give displaced employees a chance for another assignment or some personal growth. ✔ Employees seek transfers for many reasons: ✔ Including personal enrichment ✔ More interesting jobs ✔ Greater convenience better hours ✔ Location of work ✔ Jobs offering greater advancement possibilities.
  • 32. 1. Describe what employers and supervisors can do to support employees career development needs
  • 33. Career Management Career: The occupational or professional positions a person hold over the years. Career management: The process for enabling employees to better understand and develop their career skills and interests, and to use these skills and interests more effectively. Career development: The lifelong series of activities that contribute to a person’s career exploration, establishment, success, and fulfillment. Career planning: The deliberate process through which someone becomes aware of personal skills, interests, knowledge, motivations, and other characteristics and establishes action plans to attain specific goals.
  • 34. psychological contract: psychological contract: is “an unwritten agreement that exists between employers and employees. "The psychological contract identifies each party’s mutual expectations about what the employer and employee expect of each other.
  • 35. The employee’s role in career management The employee, the manager, and the employer all have roles in the employee’s career development. ❑ Accept responsibility for your own career. ❑ Assess your interests, skills, and values. ❑ Seek out career information and resources. ❑ Establish goals and career plans. ❑ Utilize development opportunities. ❑ Talk with your manager about your career. ❑ Follow through on realistic career plans.
  • 36. The employer’s role in career management Along with the employee, the person’s manager and employer have career management responsibilities. These depend partly on how long the employee has been with the firm. ❖ Realistic job Interviews ❖ Challenging first jobs ❖ Career-oriented appraisals ❖ Job rotation
  • 37. The employer’s role in career management Reality Shock: Some refer to this as preventing reality shock, a phenomenon that occurs when a new employee’s high expectations and enthusiasm confront the reality of a boring, unchallenging job.
  • 38. ❑ Employer career management methods It pays to help employees improve their careers. Some of the methods that employer’s utilize are: 1. Career Development Training : Some employers create Web-based or offline libraries of career development materials, for employees to utilize. 2. A career planning workshop : Is “a planned learning event in which participants are expected to be actively involved, completing career planning exercises and inventories and participating in career skills practice sessions. 3. Career coaches : Generally help employees create 1- to 5-year plans showing where their careers with the firm may lead. The coaches help individual employees identify their development needs and obtain the training, professional development, and networking opportunities they require to satisfy those needs.
  • 39. Managing Employee Turnover and Retention Turnover: defined as the rate at which employees leave the firm varies markedly among industries. ❑ Cost of turnover: ✔ The costs to employers of turnover are high. ✔ Reducing turnover requires identify and managing the reasons for both voluntary and involuntary turnover. Retention: refers to the various policies and practices which let employees stick to the organization for a longer period of time
  • 40. Managing Voluntary Turnover Employers ranked the top five reasons employees left as: ❑ Promotion ❑ Career development ❑ Pay ❑ Relationship with supervisor ❑ Work–life balance ❑ Health-care benefits ❑ Unfairness ❑ Not having their voices heard ❑ A lack of recognition
  • 41. A Comprehensive Approach to Retaining Employees I. Exit Interviews II. Attitude Surveys III. Open door (Hotlines) IV. Stay Interviews
  • 42. A Comprehensive Approach to Retaining Employees I. Exit Interviews II. Attitude Surveys III. Open door (Hotlines) IV. Stay Interviews
  • 43. 4. List and briefly explain the main decisions employers should address in reaching promotion and other employee life-cycle career decisions.
  • 44. Managing Transfers A transfer: is a move from one job to another, usually with no change in salary or grade. ❑ Employers may transfer a worker to vacate a position where he or she is no longer needed, to fill one where he or she is needed, or more generally to find a better fit for the employee within the firm. ❑ Many firms boost productivity by consolidating positions. Transfers are a way to give displaced employees a chance for another assignment or some personal growth. ✔ Employees seek transfers for many reasons: ✔ Including personal enrichment ✔ More interesting jobs ✔ Greater convenience better hours ✔ Location of work ✔ Jobs offering greater advancement possibilities.
  • 45. Managing Retirements ⮚ “Retirement planning” is no longer just about helping current employees slip into retirement. It should also help the employer to retain the skills and brainpower of those who would normally retire and leave the firm. ⮚ Retirement planning is a significant issue for employers. ⮚ Many have wisely chosen to fill their staffing gaps in part with current or soon-to-be retirees. ⮚ Some techniques employers use to keep older workers include: I. Offering them part-time positions. II. Hiring them as consultants or temporary workers. III. Offering them flexible work arrangements. IV. Encouraging them to work past traditional retirement age. V. Providing training to upgrade skills and instituting a phased retirement program.
  • 46. 5. Explain each of the main grounds for dismissal.
  • 47. Managing Dismissals Dismissal: Involuntary termination of an employee’s employment with the firm. Insubordination: Willful disregard or disobedience of the boss’s authority or legitimate orders; criticizing the boss in public 1. There are four bases for dismissal: 2. Unsatisfactory performance 3. Misconduct 4. Lack of qualifications for the job 5. Changed requirements of (or elimination of) the job.
  • 48. Grounds for Dismissal ⮚ Unsatisfactory Performance ⮚ Misconduct ⮚ Lack of Qualifications for the Job ⮚ Changed Requirements of the Job ⮚ Insubordination
  • 49. Managing Retirements ⮚ “Retirement planning” is no longer just about helping current employees slip into retirement. It should also help the employer to retain the skills and brainpower of those who would normally retire and leave the firm. ⮚ Retirement planning is a significant issue for employers. ⮚ Many have wisely chosen to fill their staffing gaps in part with current or soon-to-be retirees. ⮚ Some techniques employers use to keep older workers include: I. Offering them part-time positions. II. Hiring them as consultants or temporary workers. III. Offering them flexible work arrangements. IV. Encouraging them to work past traditional retirement age. V. Providing training to upgrade skills and instituting a phased retirement program.
  • 50. 5. Explain each of the main grounds for dismissal.
  • 51. Managing Dismissals Dismissal: Involuntary termination of an employee’s employment with the firm. Insubordination: Willful disregard or disobedience of the boss’s authority or legitimate orders; criticizing the boss in public 1. There are four bases for dismissal: 2. Unsatisfactory performance 3. Misconduct 4. Lack of qualifications for the job 5. Changed requirements of (or elimination of) the job.
  • 52. Grounds for Dismissal ⮚ Unsatisfactory Performance ⮚ Misconduct ⮚ Lack of Qualifications for the Job ⮚ Changed Requirements of the Job ⮚ Insubordination
  • 53. Fairness Safeguards 1. Allow a Full Explanation 2. Multistep procedure / Appeal process 3. Person who does the dismissal 4. Severance Pay
  • 54. Avoiding Wrongful Discharge Suits Wrongful Discharge (or termination): Occurs when an employee’s dismissal does not comply with the law or with the contractual arrangement stated or implied by the employer.
  • 55. The Exit Process and Termination Interview 1. Plan the interview carefully 2. Get to the point 3. Describe the situation 4. Listen 5. Review the severance package 6. Identify the next step
  • 56. Adjusting to Downsizing and Mergers Downsizing means reducing, usually dramatically, the number of people employed by a firm. The basic idea is to cut costs and raise profitability. Downsizings (some call them “productivity transformation programs”) require careful consideration of several matters: ❑ First is making sure the right people are let go; this requires having an effective appraisal system in place. ❑ Second is compliance with all applicable laws, including WARN. ❑ Third is executing the dismissals in a manner that is just and fair. ❑ Fourth is security, for instance, retrieving keys and ensuring that those leaving don’t take prohibited items with them. ❑ Fifth is reducing the remaining employees’ uncertainty and addressing their concerns. This typically involves a post-downsizing announcement and program, including meetings where senior managers field questions from the remaining employees.