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Unformatted text preview: company profits. Good retirement program will influence employees to devote themselves to a company for several years. This devotion will increase profits through recruitment cost savings and inventive ideas from years of experience. Solid retirement programs can cost a company exponentially as economic downturns affect the economy. As the economy decreases and as stocks and bonds loose there value companies struggle to provide quality retirement programs. Some companies are forced to make adjustments to there retirement programs or force some of its employees into early retirement. This can cause employees to lose motivation and start looking to other companies for quick fixes. With out a good retirement benefits companies will struggle to keep devoted hard working The Impact of HRM employees creating high turnover and higher recruitment cost for human resource management....
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