Research Methodology Literature Review 2022

Running head: RESEARCH METHODOLOGY
Employee Turnover Issues at the Workplace and its Impact on Business
Name of the Student:
Name of the University:
Author’s Note:

1RESEARCH METHODOLOGY
Table of Contents
Element 010: Research evidence review.........................................................................................2
Introduction..................................................................................................................................2
Main body....................................................................................................................................3
Concept of employee turnover.................................................................................................3
Factors affecting employee turnover.......................................................................................3
Necessity of business growth...................................................................................................5
Impact of employee turnover issues on business growth........................................................6
Technique of reducing employee turnover rate.......................................................................7
Conclusion...................................................................................................................................8
References..................................................................................................................................10

2RESEARCH METHODOLOGY
Element 010: Research evidence review
Introduction
The literature review aims towards reviewing the past researches and studies in respect to
the research topic. Reviewing the past researches allows considering, comparing and contrasting
the perspectives and information shared by different authors thereby developing data enriched
chapter that can be used for future researches successfully. Employees are a widely researched
topic in the past as in management and business the role of the employees is of utmost
significance. Hence, having an understanding about the employees’ rate of attrition and the
reasons followed by determining its impact on business growth ensures significant contribution
in socially.
The role of employees for the success of business organizations and their growth is
beyond imagination. The employees are the pillars or the building blocks whose effectiveness
and efficiency is reflected as business growth and success. Highly dedicated, engaged, motivated
and satisfied employees’ results in achieving business mission and vision thereby, increasing
profit and generating higher revenue. The experience, skills and qualifications of the employees
allows business organizations to gain competitive advantage that strengthens the position in the
market. However, employee turnover is a major concern and challenges that business
organizations encounter that have negative impact on the overall growth.
Increased rate of employee turnover occurs due to various reasons due to which business
organizations lose their highly skilled and experienced employees whose contribution largely
influenced business growth. The decision of the employees to leave might be individual or
personal but the business organizations also add to it. For instance, the existence of negative

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working atmosphere, failure of the jobs to meet the expectations of the employees, lack of
motivation, job dissatisfaction, insufficient rewards and benefits and inadequate career growth
forces the employees to leave an organization and look for another that fulfills their job needs
and desires.
Main body
Concept of employee turnover
Employee turnover is a common phenomenon encountered by business organizations
every now and then due to various reasons. As mentioned by Hom et al. (2017), employee
turnover is defined as the number of workers or employees those leave an organization within
specific time frame and is replaced by new employees. However, as argued by Collini, Guidroz
and Perez (2015), employee turnover is said to be individual decision of the employee to leave or
organizational circumstances that enforces them to leave the organization and look for
alternatives that satisfies their job desires and requirements. Though voluntary or involuntary,
employee turnover is not a benefit to the organizations and measuring it is necessary because it
helps in identifying the reasons due to which employees take such a decision along with
predicting the cost-to-hire for budgeting purposes (Han, Bonn and Cho 2016).
Factors affecting employee turnover
The factors affecting employee turnover might differ but the impact of it is negative and
detrimental for the business organizations in either ways. The different factors affecting
employee turnover that affects business growth are lack of recognition at workplace, conflicts,
unfeasible expectations, job saturation and paying less. Hence, with time, the business