Imagine that you are a senior executive in the human resources group of a large organization faced with an alarming number of retirements of critical employees over the next three years. How might you deal with this situation to avoid losing valuable expertise needed for the organization's continued growth and success? What reasonable kinds of incentives/ motivation might you offer reluctant employees to share their highly valuable tacit knowledge before retirement?

Answer rating: 100% (QA)

When speaking about financial motivators it means that the employer spends money a lot on the reward directly or the employee receives some kind of monetary reward Financial rewards are shortterm moti... View the full answer