Research on employee turnover

Assignment Help Operation Research
Reference no: EM13788181

Research on Employee turnover

It's time to write the 2-3-page section of your outline that incorporates your quantitative research. (Note that in some outlines, quantitative research may appear in more than one section - check your outline!) Whatever approach your outline takes, this is the part of your research report that covers numbers, data, facts, statistics, reporting-from academic-journals, questionnaires, surveys, experiments, and any other methods that collect measurable data, especially as found in academic journals.

Please include the following information:

Your chosen method(s) and resources for your quantitative research

Your hypothesis

Basic information (type of experiment, description of data collected, etc.)

Your interpretations of the data

How this research supports your thesis statement

If you refer to library resources, such as journals, books, etc. please include a tentative list of references in proper APA format. (If you

do this as you go along, it will be much easier for you to make your Annotated Bibliography and your final References Page in the later stages of your project.)

After you submit this "quantitative research" section of your report, save it in your folder as you will incorporate it later into your completed report.

This is my current paper that I need to add to.

Qualitative Research on Employee Retention

One of the most critical issues facing organizations today is how to retain the

Employees they want to keep. There are more than 1,000 published research articles on turnover and retention. Employees leave organizations for all sorts of reasons. Some find a different job, some go back to school, and some follow a spouse who has been transferred out of town. Others retire, get angry about something and quit on impulse, or never intended to keep working after earning a certain amount of money. Still others get fired or laid off, or they come into money (a lottery win, an inheritance) and decide they no longer need a job. All of these examples represent turnover, but they don't all have the same organizational implications. (Allen, 2014)
To manage voluntary turnover in an organization, one need an in-depth understanding of why employees leave or stay with organizations to begin with, as well as strategies for managing turnover amongst valued workers in your company. There is a big distinction between functional and dysfunctional voluntary turnover. Dysfunctional turnover is harmful to the organization and can take numerous forms, including the exit of high performers and employees with hard-to-replace skills, departures of women or minority group members that erode the diversity of your company's workforce, and turnover rates that lead to high replacement costs. By contrast, functional turnover does not hurt an organization. Examples of this type of turnover include the exit of poor performers or employees whose talents are easy to replace. (Allen, 2014)

If you organization is losing good workers and you're not sure why, the problem may lie with your organizations management style. However, small changes can be made that can incite huge differences when it comes to employee retention. It's tough when good employees leave: Productivity sinks, morale suffers and colleagues struggle with an increased workload until you find a replacement. On top of that, recruitment and search costs, training and on-boarding new hires can make for a difficult and expensive transition. The best solution, of course, is keep your workers happy so they don't want to leave. But before you can implement a plan to increase employee retention, you need to determine why valuable employees are leaving.
"Most people don't quit their jobs, they quit their managers," says Wendy Duarte, vice president of recruiting at recruiting, hiring, and consulting firm Mondo. (CIO,2013)

While that insight might be hard to swallow, understanding that your organization's management philosophy could be part of the problem is the first step to improving retention, she says. "When you lose your top talent, the first place to look is at management," Duarte says. "Managing teams as a whole is hard. You have to manage to each individual, and invest time into discovering what each member of a team needs both at work and outside of work to do their job to the best of their ability," she says. (CIO,2013)
While it may sound inconsequential, simply listening to employees' concerns and doing what you can to address those -- or at least explaining why they can't be addressed at the present time -- can go a long way toward keeping the best and brightest, she says. Having a strong set of corporate values, a mission statement and specific goals for the company, departments, teams and individuals, can help direct employees' energy and help them see how their individual contributions are part of a greater whole. (CIO, 2013)
There are many different ways in which an employer can reward a positive and productive employee. These ways can be a means for reducing overall employee turnover. Of course we all are aware of monetary rewards. Monetary awards are just that...money. Some people are motivated by money or would simply prefer to be rewarded with a cash bonus for a job well done. This isn't a bad thing. Money may not be the answer for rewarding all educators, but as I have said in previous posts, I do believe it should be considered as part of the discussion around strategies for how best to recruit, develop, reward, and retain highly effective staff.
Like a child being given a chocolate cupcake and a big hug after cleaning her room, rewards and recognition can be powerful tools for employee motivation and performance improvement. Many types of rewards and recognition have direct costs associated with them, such as cash bonuses and stock awards, and a wide variety of company-paid perks, like car allowances, paid parking, and gift certificates. Other types of rewards and recognition may be less tangible, but still very effective. These "non-monetary" rewards include formal and informal acknowledgement, assignment of more enjoyable job duties, opportunities for training, and an increased role in decision-making. This paper focuses on non-monetary rewards, and as we will see, these types of rewards can be very meaningful to employees and so, very motivating for performance improvement.

Reference no: EM13788181

Questions Cloud

Cultural change analogous to biological evolution : In order to fully answer this question, consider issues of cultural innovation and cultural evolution.
About cost behavior and assume labor cost : Walt's Woodworking Company's Yearly expenses. Make appropriate assumptions about cost behavior and assume labor cost vary directly with the number of units produced. How many units must the company sell in order to earn a pretax profit of $500,000?
Controversial issues concerning workplace rights : Briefly discuss at least two controversial issues concerning workplace rights (other than monitoring e-mail). Provide real-life examples to illustrate your answer
Aggressiveness builds up in people because of human nature : With respect to the theory of cognitive dissonance, people can hold contradictory ideas in their minds. If you become aware of the dissonance between two ideas, you could pursue which of the following strategies to reduce the dissonance?
Research on employee turnover : Research on Employee turnover
In what way is thewriters you have chosen in the eraheroes : In what way is thewriters you have chosen in the eraheroes, meaning; in what way are they heroes in their time,but also how have/did they reflect the society they lived in.
Describe development of a custom web-based application : Robin is available for 30 hours per week at $100 per hour. She was involved in the last two upgrades as a business analyst and has been trying to become involved in other systems and business areas. She was actively involved in the development of ..
Relevant costs for decision making : Why should decision makers focus only on the relevant costs for decision making?
Find the general equilibrium levels of the real wage : Find the general equilibrium levels of the real wage, employment, and output - find IS and LM. Then find the general equilibrium level of price, real rate of interest, consumption, and investment.

Reviews

Write a Review

Operation Research Questions & Answers

  Bioimetic vascular network design

What kind of material is needed for bioimetic vascular network design?

  Write a report on im operations governance

Write a report on IM operations governance

  Analyse the role of different stakeholders in tourism

Critically analyse the role of different stakeholders in tourism planning and policy

  Evaluate business value

How can internet technologies be involved in improving a process in one of the functions of business? Choose one example and evaluate its business value.

  Case study:the british airways story

Case study:The British Airways story

  Prepare a research proposal

Prepare a Research Proposal based on a business issue.

  Create the feasible solution space

Solve the following problem graphically and create the feasible solution space.

  Calculate annual rate of return

No additional fixed costs would be incurred if this proposal is accepted

  Compute the company''s predetermined overhead rate

Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year

  Determine the probability distribution

Determine the probability distribution for demand using the given data.

  Give both a high-level algorithm and an implementation

Give both a high-level algorithm and an implementation (\bubble diagram") of a Turing machine for the language

  Red brand canners

Red Brand Canners Gordon asked Myers about the demand for tomato products for the coming year. Myers replied that they could sell all of the whole canned tomatoes they could produce.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd