INTRODUCTION
When employees quit a company, that company may experience a loss in productivity, be required to recruit new employees, suffer from lower morale, miss out on sales opportunities, and be forced to deal with additional expenses that could have been avoided if they had simply kept the employee they had in the first place.Download project on organization profit and employee turnover.
A high staff turnover rate is not only expensive but may also be harmful to your company. Lack of communication, support, and culture inside the firm are the root causes of high employee turnover. It is possible to reduce employee turnover and boost employee engagement by taking steps to ensure that employees have positive experiences working for the company.
In order to complete your final semester assignment, download project on employee turnover for mba students ,the MBA project report. Requests for MBA project work may be sent. Free MBA project themes, synopses, and project proposals are available. Download organizational profit and influence of employee turnover ,the Master of Business Project Work in accordance with institution requirements. ready to submit project work for an MBA or BBA.
OBJECTIVES OF ORGANIZATIONAL PROFIT AND THE INFLUENCE OF EMPLOYEE TURNOVER
- One may get a better understanding of a firm, its workplace culture, remuneration, policies, and personnel processes by looking at employee turnover rates.
- It provides a doorway into learning about the employee experience of the business, as well as their typical length of stay with the organization, etc.
- When employees leave a company, that company may experience a loss in productivity, be required to recruit new employees, suffer from lower morale, miss out on sales opportunities, and be forced to deal with additional expenses that could have been avoided if they had simply kept the employee, they had in the first place.
- The term “employee turnover” refers to the overall number of personnel who leave an organization within a certain amount of time.
CONCLUSION
A high staff turnover rate is not only expensive but may also be harmful to your company. Lack of communication, support, and culture inside the firm are the root causes of high employee turnover. It is possible to reduce employee turnover and boost employee engagement by taking steps to ensure that employees have positive experiences working for the company.
Any company worth its salt should make lowering employee turnover one of its top priorities. It is estimated that the cost of recruiting, hiring, and training a new employee might be up to twice as much as the pay of the individual who is being replaced. The morale of your existing workers may suffer as a result of turnover, which may also lead to a fall in production and make it more difficult to recruit fresh talent.
| Project Name | : The Organization and the Influence of Employee turnover |
| Project Category | : MBA Dissertation |
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