An Analysis of Strategies Adopted By MNCs - ‘STARBUCKS’ to Promote Employee Retention in Oman
Keywords:
Employee Retention, MNCs, Starbucks, Strategies, OmanAbstract
Retaining employees has become very important in today’s world. Companies nowadays prefer retaining employees than hiring new employees because is cheaper, and the previous employees are more reliable. However, employees often tend to shift workplaces when getting a better salary and job. This study aims at analyzing strategies that is adopted by Starbucks, a Multinational Corporation. The study will be conducted on the branch of Starbucks in Oman. A strong literature review is written with the help of existing literature in this topic. Journal articles, websites, and books are used as sources to get secondary information for this study.
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Achievers. (2021, March 30). 9 employee retention strategies for keeping your best talent. https://www.achievers.com/blog/employee-retention-strategies/
Half, R. (2022, May 5). 14 effective employee retention strategies. Roberthalf.Com. https://www.roberthalf.com/blog/management-tips/effective-employee-retention-strategies
Phillips, J. (2019). Strategic Staffing, 4e (4th ed.). Chicago Business Press. https://openlibrary.org/books/OL33061125M/Strategic_Staffing_4e
Starbucks. (2022). Benefits and Perks. https://www.starbucks.com/careers/working-at-starbucks/benefits-and-perks/
Takalpati, M. (2016, December 13). How Starbucks Beat Employee Turnover Issues. Recruiteze. https://recruiteze.com/starbucks-beat-employee-turnover-issues/
Whitten, S. (2019). How Starbucks went from a single coffee bean store to an $80 billion business. CNBC. https://www.cnbc.com/2019/01/07/starbucks-cafes-coffee-business.html
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Copyright (c) 2023 Muhammad Khuram Khalil, Syeda Umme Habiba, Mohammad Javad Hesam; Blossom Christina
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