Professional Documents
Culture Documents
company to another. Recently, it has come to light that turnover is a persistent problem for
business. Employee retention is a major concern for all businesses due to the enormous costs
involved in finding, hiring, and training new employees. Determining the likelihood of
employee turnover is, in fact, a crucial management factor that has long been taken into
account. The high level of competition in today's world makes turnover a significant problem
for businesses.
On the other hand, high employee turnover increases the chance of losing talented
relationship between the two is simple. A company can launch more ventures and complete
work more quickly the more employees it has on hand. However, a lack of qualified employees
prevents organizations from performing their duties. Reduced revenue and profit as a result of
low productivity may, in some cases, indicate that the company is no longer able to function.
According to Branham’s second published book, employee turnover occurs for several
reason. He identified seven specific reasons: (1) the job or workplace is not expected; (2) a
mismatch between job and person; (3) insufficient supervision and feedback; (4) a lack of
growth and opportunities; (5) a lock of recognition; (6) an increase in workload; and (7) a