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Employee retention: The secrets behind Wal‐Mart's successful hiring policies
Author(s) -
Peterson Coleman H.
Publication year - 2005
Publication title -
human resource management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.888
H-Index - 94
eISSN - 1099-050X
pISSN - 0090-4848
DOI - 10.1002/hrm.20044
Subject(s) - employee retention , excellence , corporation , business , compensation (psychology) , operational excellence , marketing , diversity (politics) , talent management , public relations , compliance (psychology) , management , finance , economics , political science , psychology , law , social psychology , psychoanalysis
Abstract One of the major concerns of any corporation, particularly a high‐growth business, is employee retention. Without minimizing the importance of roles such as compliance, diversity, compensation, and benefits, if the basic exercise of getting, keeping, and growing a company's talent is done well, the other HR functions will reflect this excellence. This article demonstrates Wal‐Mart's exceptional program for obtaining and retaining its employees and helping them grow within the company. © 2005 Wiley Periodicals, Inc.