The Resources Boom in Western Australia: Implications for Employee Attraction and Retention
Promaco Conventions Pty Ltd
Business and Law
Retention is being seen as a major human resource management challenge for the new century and one that warrants urgent action. There is widespread acknowledgement amongst employers that employee turnover affects the bottom-line, and the ability of an organisation to remain competitive. Acknowledgement must however be accompanied with action in terms of providing a basis for the implementation of more effective strategies to ensure organisations are seen as attractive workplaces. This paper will consider additional challenges associated with employee attraction and retention in a buoyant economy, and for occupations seen as 'less desirable'.