Research Portfolio Assignment: Employee Turnover Research Summary
VerifiedAdded on  2022/09/09
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AI Summary
This report analyzes two pieces of basic business research focused on employee turnover. The first study, conducted in the Kenyan banking industry, examines factors such as training, development, mentoring, and reward systems and their impact on employee turnover at Imperial Bank Limited. The research utilized a structured questionnaire-based survey and simple random sampling to identify key influences on employee departure intentions, with the central research question being how career development, mentoring, and reward systems affect employee turnover. The second study investigates employee turnover in Malaysia's private sector, aiming to identify factors contributing to turnover rates. This research also used a structured questionnaire-based survey with quantitative data collection to assess the relationship between various factors and turnover. Both studies highlight the significance of organizational aspects such as overtime, work overload, workplace politics, career growth, and reward systems in affecting employee retention. The report concludes that effectively managing these factors is crucial for reducing employee turnover rates and enhancing organizational sustainability.
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