EMPLOYEE TURNOVER term papers and essays

Employee turnover typically refers to the proportion of employees who depart from an organization over a set period of time. The numbers are expressed as a percentage of the total number of employees in the organization. Employees who leave a company are defined in the broadest sense of the term and encompass those who retire, resign or are asked to leave. Employee turnover can also be calculated in more specific terms, such as breaking down the data to reflect resignation levels or redundancy levels. A high employee turnover usually reflects dissatisfaction among workers, although it could also mean that the work environment is unsafe or unhealthy. Low employee turnover, on the other hand, means that employees are generally happy with their working conditions due to many reasons, including salaries, career opportunities and corporate culture. Specific benefits such as health insurance and discounted home loans, which could be lost if employees leave their organizations, act as an incentive to keep employee turnover low. Companies are always on the lookout for ways to prevent turnover, and these include promoting a good work environment, continual training and reinforcement, networking and motivation. Employee turnover has triggered thousands of research articles and the promulgation of models relating to the subject.

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