MGT726: Employee Turnover Impact on Organizational Performance USC

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Added on  2023/06/10

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This project report examines the impact of employee turnover on organizational performance, focusing on the causes, effects, and potential solutions to mitigate high turnover rates. The research employs a descriptive research design, utilizing both qualitative and quantitative data collected through interviews and surveys from various organizational levels. The study identifies factors such as poor leadership, lack of job satisfaction, and inadequate reward systems as key drivers of employee turnover. It further analyzes the U-shaped relationship between turnover and performance, highlighting how moderate turnover can introduce fresh perspectives and improve overall organizational efficiency. The report concludes with recommendations for improving employee retention, including recognizing employee achievements, providing competitive remuneration, and fostering a supportive work environment. The research acknowledges limitations such as time constraints and data collection scope and suggests future research directions for a more comprehensive understanding of employee turnover dynamics. Desklib provides access to similar assignments and study tools.
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THE IMPACT OF EMPLOYEE TURNOVER ON THE
PERFORMANCE OF AN ORGANIZATION
Presented by
(Name of the
Student)
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Worker turn over rate
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Introduction
Research purpose:
To outline the impact of
employee turnover on the
performance of an
organization and how the
effects of the impact can be
managed
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Background
Huge rate of employee turnover
due to the lack of organizational
behavior, culture and policy
Lack of business profitability
Lack of organizational reputation
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Management problem identified
High employee turnover rate in organization
Reduced employee morale at the work place
Employees not being flexible with work and family balance
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Management problem caused by
Poor leadership in the organization
Better working environments elsewhere
Poor reward and recognition policy
Poor appreciation policy
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Lack of job satisfaction and motivational
factors
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Rationale of the Research
Most of the companies find out
that employee turnover rate can be
limited when employee morale is
boosted
High employee turnover in an
organization has a negative impact
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Benefit of the research
Low employee turnover in
organization leads to high
productivity
Reducing high employee turnover
will result to success of the
organization financially
Productive wise and it will be
more competitive in its respective
area.
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Research aims and
objectives
To evaluate the causes of high employee turnover
To evaluate how employee turnover affects the
performance of an organization
To evaluate how high employee turnover can be
reduced in an organization
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Research questions
What are the cause of high employee turnover in an
organization?
How can high employee turnover be reduced in an
organization?
How does the rate of employee turnover rate affect
performance of an organization?
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Research areas
Prevalently applicable within
Australia
Key organizations include
government institutions,
established private institutions,
both private and public sectors
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