Recruitment Strategies and Employee Retention in Greece Manufacturing and Processing Firms
DOI:
https://doi.org/10.53819/81018102t5275Abstract
Recruitment strategies and employee retention are critical aspects of human resource management for any organization. Effective recruitment strategies involve attracting and selecting qualified candidates to fill job vacancies, ensuring a strong talent pool. Meanwhile, employee retention strategies focus on keeping the existing workforce engaged, satisfied, and committed to the organization, reducing turnover rates. A well-balanced approach to both recruitment and retention is vital for maintaining a skilled, motivated workforce and fostering long-term organizational success. The study adopted the descriptive research design. The target population was 170 manufacturing and processing firms in Crete Region, Greece. The study did sampling of 155 respondents that were chosen from the target population of 170 manufacturing and processing firms in Crete Region, Greece. Questionnaires were used to gather the data. In conclusion, recruitment strategies and employee retention are paramount for Greece's manufacturing and processing firms in a competitive and ever-changing business environment. The challenges posed by economic fluctuations, skills gaps, and cultural nuances underscore the importance of adapting HR practices to the unique Greek context. By investing in skills development, strengthening employee engagement, and offering competitive compensation packages, these firms can not only attract and retain the best talent but also foster growth and stability in their industries. Recommendations for Greece's manufacturing and processing firms include investing in skills development programs to address the skills gap and offering competitive compensation packages and benefits to attract and retain top talent in a competitive labor market. Fostering an inclusive work environment, embracing open communication, and encouraging employee engagement will also be crucial for improving retention rates and creating a positive workplace culture.
Keywords: Recruitment Strategies, Employee Retention, Firms, Greece
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