Propsal Essay revison Example | Topics and Well Written Essays - 250 words

Propsal revison - Essay Example The immediate effects anticipated in these circumstances are extreme reduction in the ingenuity and creativity among the working group often leading to lower productivity levels. Such type of situations could also result in the lowering loyalty to their task that ultimately causes radical reduction in the profits. Various successful initiatives have been reported across the world towards the retention rate of the employees in the organizations, ex: study at NASA. The aerospace industry faces Herculean tasks of retaining a satisfied team with very few graduating into the employment scene from the schools. Therefore the committed and capable team being forced to look out for alternate employment the shortage of adequate talent and high pressures on meeting the specific business targets. The research on NASA Marshall Space Flight Centre shows that practicing appropriate and innovative ways to retain their employs is fruitful (Herdey et al, 2008). Ineffective understanding and communication are the reasons that often turn employees restless and lead to disastrous outputs. Such a scenario finally ends in job switching, where he hopes to have better environment of work. To take hold of such migration across organizations, different techniques are practiced to boost motivation. And from a large pool of different methods, incentive systems are found to be most widely practiced. But most often the incentive systems make the employees to orient them towards the inventive component rather than achieving organizational goal. Also, an effective incentive, that promotes retention, drastically varies across persons, teams, companies, organizations and customers (Pavla, 2002). Quanta Energized Services, largest electric service contractor which provides total system solutions to the new challenges emerging in the electrical utilities sector resulting from deregulation and open transmission. The major business activities are related to the maintenance,