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Impact of High Employee Turnover on Business Performance: A Study on Amazon

   

Added on  2023-06-18

14 Pages4245 Words259 Views
Research Project

Table of Contents
Title of the Project...........................................................................................................................1
Introduction......................................................................................................................................1
Research Aim, Objectives and Questions........................................................................................2
Literature Review.............................................................................................................................3
Research Methodology....................................................................................................................5
Time Scale.......................................................................................................................................8
References......................................................................................................................................11

Title of the Project
The impact of high employee turnover on the performance of the business.
Introduction
Overview of the Research
The study aim to analyse the impact of high employee turnover over the performance of
the business. Therefore, high employee turnover is the major concern of the business as the
organisations are generally worry over dealing with the turnover to expanding the performance
of the business (Aibieyi and Henry, 2015). Employee turnover is termed as the circumstance
where workers leave the business willfully for grouped reasons or are soothed through the
endeavor or resign, in this manner influencing the business, most occasions adversely as far as
expenses and the ability to convey the base required administrations. Staff turnover defined to
how many workers leaves the business and need replacing within provided time duration. The
most of the staff which leave within those particular periods the turnover rate of business will
rise and it direct affects the operational ability of the business. high employee turnover can
negatively influences the business and its employee in many way like reducing performance,
decreasing employees morale, negative working environment, Deteriorating Product or Service
Quality, Reduction in Marketing Return on Investment and so on. In this particular project
analysis has been executing over the study of Amazon.com. Inc, therefore, it is a American
multinational technology business that is mainly focuses over online business, distributed
computing, advanced streaming and man-made reasoning (Dodds and Hess, 2020). The company
was founded in the year of 1994 by the potential efforts of Jeff bezos. The company is working
with around 1,298,000 employees who are investing their amounts of energy inside the
development activity of the business. The determination is hand-off over Amazon on the grounds
that the organization is likewise battle with high turnover rate among the bleeding edge laborers
which was at twofold the business normal during the underlying long stretches of COVID 19
pandemic, supporting the opinion in between of critics which the Seattle commerce giants churns
via the workers (Flick, 2015).
Rationale of the Research
The potential intention of executing research over the aspect of investigating the impact
of high worker turnover on the presentation of the business, is that, high representative turnover
1

is the most concern business and management issue which has direct effect over the activity and
movement of the business. Therefore, the study is imperative in providing detailed evaluation in
relation to the aspect of employee turnover and how it affects the operational ability of business
(Ahmad, 2015). The study is creating value for the business in terms of getting suitable
knowledge to handle the issue of high employee turnover and implementing effective measures
to resolve the challenges that are associated with high employee turnover. The another
explanation of executing the examination over the huge region is the individual premium of the
analyst, as the agent needs to upgrade knowledge about the aspect of employee turnover and the
management of the business to attain effective academic record and leads towards enhancing the
personal knowledge. The study is also effective in enhancing professional skills like dat
collection ability, time assessment, and performance management and so on, that would create
benefit in executing the future studies in more liable manner (Idowu, 2017).
Research Aim, Objectives and Questions
Research Aim
This is the pre defined statement which is effective in exploring the intention of executing
the research in suitable manner; therefore, the key aim of this research is “To investigate the
impact of high employee turnover on the performance of the business. A study on Amazon”.
Research Objectives
The
To understand the concept of employee turnover in the context of a business.
To identify the challenges faced by Amazon due to high employee turnover.
To study the impact of employee turnover on the performance of business.
To determine the ways, that could be opt by Amazon in mitigating the challenges of high
employee turnover.
Research Questions
What is the concept of employee turnover in the context of a business?
What are the challenges faced by Amazon due to high employee turnover?
What is the impact of employee turnover on the performance of business?
What are the ways, that could be opt by Amazon in mitigating the challenges of high
employee turnover?
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