Difference to the organizations success

Assignment Help HR Management

Reference no: EM133211635

Question: Employee turnover is on the rise, and the executive has asked you to look into the issue and make short-term, mid-term, and long-term recommendations on the type of rewards the company should be offering to help retain employees. The organizational goal is to reduce the overall turnover rate by 10% and reduce the turnover of employees with less than 1-year of tenure by 15% in the next 18-months.

You are given the following information.

The annual employee survey notes many employees do not feel as if their work makes any difference to the organization's success.

Turnover as a whole has risen 25% over the past 18-months. A good portion of this is due to retirements.

Time to hire replacement labor is steady, at 30-days.

Turnover for those with less than 9-months tenure has increased 40% in the last year. Exit interview data shows what was explained to them during the interview was different from what they experienced. In particular, comments point to little instruction and guidance past the first couple days of work.

The Operations Director has reported that 6 high-performing lead machine operators on both day and night shifts have expressed a desire to quit and needs recommendations on how to keep his high-performers happy.

Company pay is at market rate, as are healthcare benefits.

Reference no: EM133211635

Questions Cloud

Issues of the great resignation or quiet quitting : Looking for Public Administration issues of the Great Resignation or Quiet Quitting - identify a problem within the field of human resource management in today

Did blue coats product infringe finjan patent : Blue Coat argues that its profiles did not contain the 731 patents required list of computer commands. Did Blue Coats product infringe Finjan's patent?

Address the current state of recruitment : Explain rewards that likely will attract your target candidate pools and what changes you recommend be added to the Total Rewards Package to attract applicants

How to get more consumers : how do you think the tourism and hospitality industry move for it to bounce back and how to get more consumers/customers?

Difference to the organizations success : Lead machine operators on both day and night shifts have expressed a desire to quit and needs recommendations on how to keep his high-performers happy

Impose compliance obligations on healthcare organizations : Summarize one statute, one regulation, and one guidance document that impose compliance obligations on healthcare organizations.

What types of assessments are required in your classroom : What methods of instruction do you use most frequently in your classroom? What types of assessments are required in your classroom? What types you choose to use

Discussion on various entry modes : Discussion on various entry modes. Select any company of your choice and provide details of their strategy and what entry mode they use to gain access

Explain the elements of a valid contract : Explain the elements of a valid contract, and identify which contract elements, if any, exist between The Friendly Dawg and landlord Lou

User Account

All Pages