Describe the Attraction-Selection-Attrition framework and apply it to the process of recruiting new applicants to an organization.
Attraction-Selection-Attrition framework
3. Attrition - Once selected, you must retain talented new hires who are best suited for their positions over time by providing good wages and benefits packages that encourage them to stay with your company long term. Retaining a high quality workforce helps ensure that your business runs smoothly over time and reduces costs associated with frequent employee turnover rates or training new staff members all of the time; this phase of attraction selection attrition focuses on keeping employees engaged in order to maximize return on investment from hiring them initially (ROI.)