HRMT20024: Employee Retention and Turnover Analysis - Week 11 Report

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HRMT20024 ASSESSMENT
1
WEEK 11
Name:
Student number :
Campus:
Lecturer/tutor :

Article Title and full
reference
 Title- Managing employee retention and
turnover with 21st century ideas
 Reference- Lee, T. W., Hom, P., Eberly,
M., & Li, J. J. (2017). Managing employee
retention and turnover with 21st century
ideas. Organizational Dynamics.

Article - objective
Objective-The major objective is to identify the cause of
employee turnover in the company.
Aim-To identify the key ideas responsible for employee
turnover
Research question
Primary
 To identify the strategy best suited for employee
turnover structure.
Secondary
 Managing reluctant stayers
 Studying the turnover rates

Article - method
The research was based on two methods
one was survey method and the other was
the application of management theory to
see the response:
Survey- The sample size of 100 has been
taken on the employees with respect to
Millennial, mostly working in US army.
Theory- In SAP the company used
stratified sampling technique to identify
major factors associated with employee
turnover.

Article - findings
 33% of the employees are the ones engaged in
work place
 For 60% of the employee job satisfaction is most
important
 For 51% job needs to include flexible working hours
 For Millennial the need of coaching is more than
pay check.
 Communication and conversation is important for
all the employees
 The long terms and short term objectives of the
employees creating employee turnover

Article - conclusion
 In order to retain the employee in an
organization it is necessary to identify the job
satisfaction, organizational commitment, job
creativity, willingness to stay with the
organization
 Implementation of best HR practices has to be
done
 There should be construction of systematic
retention process
 Frequent check-ins with the employees can
develop better understanding

Article –Contribution to employee turnover
and retention
 This article has helped in identifying the cause of
employee turnover
 The key concept and ideas involved in the
employee turnover
 The major HR practices involved in the analysis
of employee retention and development of
retention techniques
 Construction of employee retention best
practices to be used in the organization
 This article helped in development an
understanding of employee’s perception.