Solving Business Problems Caused by High Employee Turnover: A Study on TESCO

This study focuses on identifying and solving the two major problems faced by TESCO due to high employee turnover. The first problem is the loss of talented employees, which affects the company's competitiveness. The second problem is the higher cost incurred in recruitment and training. Solutions include talent management and creating a positive working culture to reduce costs and retain employees. The study recommends strategic employee planning, performance management, learning & development, career development, succession planning, etc. to retain employees. It also recommends creating a positive working culture based on values like respect, integrity, and higher compliance with ethical practices to reduce costs. The study concludes that these solutions can help TESCO achieve higher profitability and stability.

Research Skills

TABLE OF CONTENTS
Introduction ....................................................................................................................................3
Main Body.......................................................................................................................................3
Conclusion.......................................................................................................................................6
References........................................................................................................................................7

Introduction
There are distinct types of the problems which are faced business due to high employee
turnover so it becomes essential or the company to pay attention on having effective processing
in can be implemented. In the current era, having effectual identifying of problems is crucial in
turn making the appropriate evaluation of the prevailing circumstances in turn appropriate
decision-making can become possible. In recent investigation The current study is based on
having the depth understanding regarding the two crucial problems caused by the high turnover
which will be discussed. The present study is based on the another degree which is related with
business management that is concerned with having appropriate activities conducting in turn
accomplishing the objectives of solving the problems faced by TESCO can become possible. It is
one of the successful organization operating in the retail sector that faces the problem of
employee turnover that hampers its overall performance so that taking relevant action for
improvement is important. In addition to this, the current report will pay attention on having
solutions for the two problems in turn significant improvement can be achieved to have effectual
practice. It will allow to get the depth understanding regarding business problems caused by high
turnover of staff.
Main Body
Problem 1- There are different form of the problems which is faced by the company due
to higher employee turnover which is required to be emphasized by enterprise in turn
accomplishing the organizational objectives of greater profitability & sustainability (Kurniawaty,
Raml and Ramlawati, 2019). The one of the significant problem that is faced by firm due to
higher employee turnover is loss of talented employees. There are various reasons for which
company is required to face the distinct problems that involves job dissatisfaction, ineffective
remuneration facilities, irrelevant & disrespectful working culture, etc. the one of the major
problem that can be experienced by enterprise due to the higher staff turnover involves losing of
talented employee. It is concerned to one of the crucial problem as it tend to decline expertise in
turn which highly hampers its overall functioning as competitive edge is reduced (Ramlawatiand
et.al., 2021). For successful operating it is crucial for the firm to retain the talented employees in
turn accomplishing the relevant performance in order to get appropriate competitiveness can
become possible. It reduces the working efficiency of the organization which hampers the overall
processes of the company in negative manner that declined its quality performance which affect

organizational competitiveness (Bajrami and et.al., 2021). On the basis of this, it can be
interpreted that the one of the major issue that is experienced by particular firm is having
ineffectual operating capacity that ineffective working processing of business as it is bearing loss
of valuable knowledge and experience. Human resource is one of the important aspect that helps
firm to gain such competitiveness which increases its overall working quality pattern that can
incline its performance in sector.
Problem 2- In the current era, there are varied benefits which are needed to be
accomplished by firm so that proper operating in specified sector (Bajrami and et.al., 20210. For
successful operating it is important for the particular enterprise to pay attention on having such
relevant application activities that can reduce the cost prevailing in order to function in the
market so that profitability in good margin can be derived. Whenever, there is higher staff
turnover then firm is forced to get appropriate performance by having relevant talent in
company. For this purpose the organization needs to fill the position by possessing right
employee so that proper accomplishing of roles and responsibilities can become possible. This
enforces the company to incur higher expenses in recruitment procedure, training &
development, etc which impact the functioning of business in adverse manner (De Winne and
et.al., 2019). This diverts the attention of particular firm from performing quality that decreases
its efficiency and increases time to meet organizational goals. On the basis of this, it can be
articulated that firm get unfavorably affected which does not allow to increase the working
efficiency of particular organization. It results the company's capability of meeting deadline so
that as well impacts its competitiveness to meet leading position in sector. The main reason
behind this is that it affect the working of business in adverse manner which needs to make
certain improvements so that proper facility to increase working efficiency and effectiveness can
become possible. It can be interpreted that the firm get affected adversely as its cost of
recruitment, training & development, etc procedure enhances.
Solution 1- On the basis of this it can be mentioned that organization is required to
emphasized on certain actions so that higher focus on gaining competitiveness can be derived by
solving problems. Taking crucial actions is important so that attaining proper level of emphasis
on retention employees to have higher profitability & stability can be derived (Živković,
Franjković and Dujak, 2021). Talent management is one of the essential procedure so that
accomplishing relevant level of competitiveness can be done. It basically offers the various form

of opportunities to employees that increases their job satisfaction and inclines retention in firm.
On the basis of this, it can be articulated that for successful operating having relevant level of
strategic employee planning, performance management, leaning & development, career
development, succession planning, etc turn significant functioning to operate successfully in the
company. With help of this particular talent management procedure the company can ensure that
all staff of firm are properly getting all required aspects so that significant meeting of objective
can become possible. The main reason behind the application of particular approach is to
enhance its competitiveness so that relevant a pattern of functioning to boost the organizational
growth and development can become possible (Al-Suraihi and et.al., 2021). It can allow the
enterprise to gain proper managing which will not only benefit firm but also inclines the
working efficiency of employee via increasing their skills, attributes, etc that ensure proper
personal development. This can allow company to overcome the problem of losing talent staff
which has major impact on working of business by ensuring higher competitiveness to operate
in particular industry.
Solution 2- It can be recommended to the company to take appropriate action that can
allow the firm to eliminate the problem of higher cost which involves using cost leadership
approach in order to conduct the training & development (Chakraborty and et.al., 2021). This is
related with possessing such organizational culture in firm that can help staff to get proper
learning & development which can boost their personal satisfaction level to stay in firm. The
working culture should be positive which is based on the values like respect, integrity, higher
compliance with ethical practices, etc so that attaining appropriate performance can be obtained.
It can help the firm to achieve such positive working culture that can enhance collaborative and
integrity to maintain supportive activities so that higher productiveness can be achieved to
increase proper working practice scan be attained. The main fact behind the application of this
strategy is to deal with the higher cost problems which is faced by firm due to higher employee
turnover (Zafar and et.al., 2022). It is for the firm to focus on gaining such culture by offering
training & development that reduces the chances of occurring employee turnover so that
achieving ability to concentrate on core practices of business can become possible. On the basis
of this, it can be mentioned that the company can achieve proper level of profitability and
stability so that attaining competitiveness in relevant pattern can be exerted. For successful
operating it is important for enterprise to get reliable approach of increasing personal

development of employees so that attaining retention for longer duration can become possible
which can help firm to get economies of scale.
Conclusion
On the basis of the above report it can be concluded that research is one of the crucial
skill that is required to be taken into the process so that accomplishing the organizational
objective of identifying the lacking areas can become possible. The main reason behind this is
that it is associated with possessing such competitiveness so that accomplishing the
organizational objectives of higher profitability & stability can be derived. The current study has
given the emphasis on identifying the two crucial problems which is faced by firm that involves
possessing higher cost and loss of knowledge & experience due to employee turnover in higher
rate. These are the major issues which are required to be taken into the procedure so that
accomplishing the objectives such as higher profitability, competitive benefits, etc. does not
become possible. The actions which is required to be taken into the consideration so that
effectual functioning to get the higher performance involves paying attention on creating positive
culture by focusing on offering the training & development to formulate positive workings
scenarios. Executing the taken management process can help firm to get the ability to offer
reliable level of employee satisfaction in turn significant capability to overcome the problem of
loss of knowledge possessing employee who serve expertise to company can be retained. These
both the mentioned actions can help in achieving good level of profitability in stability by
eliminating problems cause due to higher employee turnover.

References
Books and Journals
Al-Suraihi, W.A., and et.al., 2021. Employee turnover: Causes, importance and retention
strategies. European Journal of Business and Management Research. 6(3). pp.1-10.
Bajrami, D.D., and et.al., 2021. Will we have the same employees in hospitality after all? The
impact of COVID-19 on employees’ work attitudes and turnover intentions. International
Journal of Hospitality Management. 94. p.102754.
Chakraborty, R.,and et.al., , 2021, September. Study and prediction analysis of the employee
turnover using machine learning approaches. In 2021 IEEE 4th International Conference
on Computing, Power and Communication Technologies (GUCON) (pp. 1-6). IEEE.
De Winne, S., and et.al., 2019. The impact of employee turnover and turnover volatility on labor
productivity: a flexible non-linear approach. The International Journal of Human
Resource Management. 30(21). pp.3049-3079.
Kurniawaty, K., Ramly, M. and Ramlawati, R., 2019. The effect of work environment, stress,
and job satisfaction on employee turnover intention. Management science letters. 9(6).
pp.877-886.
Ramlawati, R. and et.al., 2021. External alternatives, job stress on job satisfaction and employee
turnover intention. Management Science Letters. 11(2). pp.511-518.
Zafar, R and et.al., 2022. So hard to say goodbye: Impact of punitive supervision on turnover
intention. Total Quality Management & Business Excellence. 33(5-6). pp.614-636.
Živković, A., Franjković, J. and Dujak, D., 2021. The role of organizational commitment in
employee turnover in logistics activities of food supply chain. LogForum. 17(1).