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Definitional aspect of employee turnover

   

Added on  2022-10-04

7 Pages1383 Words42 Views
Running Head: Employee Turnover
Employee Turnover
Name of the Student:
Name of the University
Author’s Note

EMPLOYEE TURNOVER1
Problem statement: Definitional aspect of employee turnover
In this particular report the literature review is been discussed stating the problem of
employee turnover in the organisation. It a common problem that the companies are facing these
days as there is attrition of employee turnover. The report will further discuss about the problems
faced in the scenario of employee turnover, the reasons behind the cause of turnover, methods of
prevention and the strength and weakness of the theories related to the employee turnover.
Employee turnover can be defined as the number or percentage of employee who leaves
or resigns from the organization and later the space are filled by the new employees. Measuring
employee turnover can be an assistance to the employers who examines the reasons for turnover
and estimate the cost of hiring the new recruits for budget purpose.
The problem statement lies with the reason of high employee turnover that serves several
impact on the business, in terms of finances and emotionally. If the turnover is an issue for a
business then necessary steps should be taken to recognize the problem and the cause of
turnover, measure the rate of turnover and determine cost and then address the problem of
turnover. The cause of the problem is due to inefficient hiring process. Industries like in
accounting is always a problem. Revolving work force, poor morale, increased training cost and
inconsistent production (Carnahan, Kryscynski and Olson 2017).
Reasons behind employee turnover
Chosen article-
1. Arokiasamy, A.R.A., 2013. A qualitative study on causes and effects of employee turnover in
the private sector in Malaysia. Middle-East Journal of Scientific Research, 16(11), pp.1532-
1541.

EMPLOYEE TURNOVER2
2. Thomas, J., 2013. Study on causes and effects of employee turnover in construction industry.
International Journal of Science and Research (IJSR), pp.2319-7064.
The main reason behind employee turnover is caused due to high employee turnover in
taxing. Time and money is lost as a result and at the end the morale of the staff is mislaid. The
reputation of the employee can also be tarnished with the contorted in the organisation. In the
first journal according to Arokiasamy 2013 it is discussed that the causes of employee turnover
is due to job satisfaction, payroll, career promotion, job related factors, fringe benefits,
personality, managerial issue and due to the influence of the co-workers. The reasons are
described where there is no job satisfaction because the organisation was facing problem with the
current employee as they had a dissatisfaction with the work and resigned from their post. The
relation between the employee turnover and job satisfaction are reciprocal to each other and the
relationship is high when the rate of unemployment is less I the society (Buzeti, Klun and Stare
2016).
In the second journal article according to Thomas, 2013 it is said that the cause of
employee turnover is due to the reason perceived alternative employment opportunity. It is
referred to as easy movement in the perception of job alternatives. The issue of the employee
turnover is due to closely related external surrounding, reveals significant relationship between
voluntary turnovers and convenience of jobs. In market condition the academic background can
have a perception of ever-changing the duty and employment opportunities (Queiri Yusoff, and
Dwaikat 2015).

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