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One Way to Hold Line Managers More Responsible for the Retention

question 85

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One way to hold line managers more responsible for the retention and development of their staff would be to include measures like employee turnover and employee satisfaction on the line managers' performance evaluations.


Definitions:

Insurance

A contract by which the insurer promises to reimburse the insured or a beneficiary in the event that the insured is injured, dies, or sustains damage to property as a result of particular, stated contingencies.

Insurable Interest

A requirement in insurance policies that the policyholder must have a financial interest in the insured item or person that would cause financial loss if damaged or lost.

Appliance Corporation

A company that specializes in producing electrical or mechanical devices intended to perform certain tasks, typically domestic ones.

Cash Discount Stores

Retail outlets offering goods for sale at lower prices due to immediate payment instead of credit purchase.

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