Job embeddedness and the importance of retaining small firm employees
Coetzer, Alan, Redmond, Janice, & Barrett, Rowena (2014) Job embeddedness and the importance of retaining small firm employees. In Proceedings of the 28th Australian and New Zealand Academy of Management Conference (ANZAM 2014): Reshaping Management for Impact, ANZAM, Sydney, Australia.
Small firms identify retention of staff as a significant problem. Voluntary turnover of talented staff can be costly, especially in small firms where there are few slack resources. However, there is scant research on retention in small firms. We use the concept of Job Embeddedness to understand why small firm employees stay. The concept refers to the totality of forces that embed employees in their jobs and it consists of three dimensions: fit, links, and sacrifice. Seven propositions are outlined comparing the ways fit, links and sacrifice might play out for small and large firm employees. Through testing these propositions small firm owner-managers may have a better understanding of what can be done to retain employees and maintain firm performance.
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|Item Type:||Conference Paper|
|Keywords:||Recruitment, Retention, Talent Management, Turnover|
|Subjects:||Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Human Resources Management (150305)
Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Small Business Management (150314)
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
|Copyright Owner:||Copyright 2014 [Please consult the Authors]|
|Deposited On:||18 Dec 2014 04:51|
|Last Modified:||21 Jan 2015 05:35|
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