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Combating employee turnover

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Banker
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General public
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accounting
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SZABIST

About the document

Ahmed T.
Published date
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documents in English
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Type
case study
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2 pages
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General public
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  1. Introduction
  2. Work environment
  3. Participative management
  4. Job satisfaction
  5. Conclusion

A study done on employee turnover describes employee turnover as a gradual process. There are several factors that lead to employee turnover such as Job Characteristics, On-boarding, Relationship, Work Environment and Individual Differences. Once a person is exposed to turnover factors, he looks around for other opportunities and waits for changes to happen in the current turnover factors. If alternative opportunities are available and changes in the turnover factors do not occur, then the employee leaves the job.

If an organization sees that employees are unhappy with the work environment and there are some factors that may start the cycle of Employee's Turnover Model, then the organization should try to remove them from the environment. They may develop strategies that will improve the work environment, improve employee's relationship with others in the organization and try to focus on individual characteristics of workers to make them happy. These strategies will ensure that the employee does not leave the organization. Another idea suggested by Allen et al. study is that the organization should conduct employee's surveys at regular intervals and should develop evidence-based strategies based on the problems identified in these surveys to make sure that employee's turnover is reduced and this can be an effective way to combat the problem of high turnover in the large corporations and organizations. (Allen, Bryant & Vardaman 2011)

[...] This strategy is going to solve the fundamental problem of employee turnover. Managers should also try to create an atmosphere of work-life balance to increase the retention of their staff. Many times family commitments or lack of time given to the family also leads to employee turnover. Organizations should make sure that enough time is given to workers to meet their off-work duties and make sure that employees give enough time to their families to reduce the problem of job turnover. [...]


[...] Combating employee turnover A study done on employee turnover describes employee turnover as a gradual process. There are several factors that lead to employee turnover such as Job Characteristics, On-boarding, Relationship, Work Environment and Individual Differences. Once a person is exposed to turnover factors, he looks around for other opportunities and waits for changes to happen in the current turnover factors. If alternative opportunities are available and changes in the turnover factors do not occur, then the employee leaves the job. [...]

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