Small Business Hiring and Retention Research Paper by Writing Specialists

Small Business Hiring and Retention
This paper reviews literature regarding hiring and retaining employees for small businesses.
# 92419 | 2,087 words | 12 sources | MLA | 2007 | US
Published on Feb 20, 2007 in Business (Small) , Business (Human Resources)


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Description:

The paper discusses how smaller businesses have very different needs compared to their larger, corporate counterparts. The paper looks at articles that discuss the challenges facing small business, with an emphasis on those in the public sector. The paper explores the factors that make it difficult for small businesses to find qualified employees and then retain them. The paper discusses globalization, salaries psychological contracts, job training and job advancement prospects. The paper explains that small businesses could also use personal attention to attract employees and prevent turnover. The paper emphasizes that employees with high levels of job satisfaction are also more productive and loyal. To a small business, they certainly constitute the most important resource.

From the Paper:

"A study conducted by Arthur Anderson (2000) highlighted the changing nature of small business. As expected, small business faced challenges in acquiring adequate capital, meeting state and federal regulations and in keeping afloat in times of economic uncertainty. However, the majority of small businesses found that finding and retaining qualified workers was their biggest challenge in ensuring their survival. One of the changes wrought by globalization is the constant "restructuring" in industry. To keep up, many businesses find that they need to be agile in accommodating the needs of their workforce (Capelli 1999)."

Sample of Sources Used:

  • Aldrich, H., and E.R. Auster. 1986. "Even Dwarfs Started Small: Liabilities of Age and Size and Their Strategic Implications," Research in Organizational Behavior. Ed. B. Staw and L.L. Cummings. Greenwich, Conn.: JAI Press.
  • Aldrich, H., and N. Langton. 1997. "Human Resource Management Practices and Organizational Life Cycles," Frontiers of Entrepreneurship Research. Wellesley, Mass.: Babson College Center for Entrepreneurial Studies
  • Arthur Andersen and National Small Business United. 2000. Survey of Small and Mid-Sized Businesses Trends for 2000, n.d., http://nsbu.org/survey/results/ (September 20).
  • Boress, Allan S. 1999. "Stopping brain drain." Journal of Accountancy. September. Vol. 188, Iss. 3
  • Cappelli, P. 1999. The New Deal at Work. Boston, Mass.: Harvard Business School Press.

Cite this Research Paper:

APA Format

Small Business Hiring and Retention (2007, February 20) Retrieved April 20, 2024, from https://www.academon.com/research-paper/small-business-hiring-and-retention-92419/

MLA Format

"Small Business Hiring and Retention" 20 February 2007. Web. 20 April. 2024. <https://www.academon.com/research-paper/small-business-hiring-and-retention-92419/>

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