Concepts for Understanding Labor Markets

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 Concepts for Understanding Labor Markets

Discussion Assignment Requirements: Please respond to the question with 250 words and support with four academic references or peer-reviewed journals by Wednesday at 11:59 pm CT. One may be the textbook. Please use four academic references or peer-reviewed journals.

Describe the role of a training needs assessment in developing individualized training plans for each employee? How can employers measure to impact of training and its benefit to the organization?

Complete Assignment Requirement: Write a minimum of 1500 words for the total assignment response excluding references. Please make sure you answer all questions and distribute your responses evenly within the answers. A minimum of four scholarly/ EBSCO external sources references behind the textbook.

For this assignment, write a narrative essay (minimum 1500 words) in which you address and discuss the questions and statements listed below. Use at least four scholarly sources and remember to demonstrate a thorough understanding in your essay. Cite your sources in APA format.

  • What three concepts must be considered when understanding labor markets? What five key questions should employers ask when using recruitment advertisements in the media? Identify and describe the five key elements of the selection process.
  • Describe three of the biggest factors affecting the individual/organizational relationship. Identify and discuss the four reasons why employee retention has become a primary concern in healthcare organizations. Describe the five retention determinants.
  • Discuss the three primary phases of the retention management process. Describe the four most common areas to include in a turnover costing model.