A Research Proposal on Employee Turnover of MGH Group

Prepared by:
Mir Hossain Ekram Kaisar Ahmed Majumder Ashfaq Ahmed Mubarraz Khan Md. Mahabubul Farook Khan Sk. Sabbir Ahmed

Introduction
y Employee turnover is a ratio comparison of the number of

employees a company replace in a given time period to the average number of total employees. job roles.

y Employee turnover is a costly expense especially in a lower paying y High turnover is a sign of low morale and dissatisfied employees. y Employees who are satisfied with their jobs, generally do not give

them up

y High turnover usually indicates a problem

Problem Statement
There are number of costs incurred for Employee Turnover:
‡ Recruitment of replacement (including administrative cost, screening

& interviewing etc.)
‡ Lost

Productivity associated with interim period before replacement and for a new worker to get up to speed on the job.

a

‡ Costs of Training including supervisory & coworker time spent in

formal training
‡ Public relations costs.

Purpose of the Research
The Purpose of the research is to:
- Identify the reason of employee turnover of MGH group. - Explore the relationship between Organizational mission, goal, direction & corporate culture with employee turnover rate. - Employee recognition, reward & compensation performance with employee turnover rate. and

Literature Review
VARIABLES 
Organizational mission, goals and direction (IV)
The purpose of a company that direct the actions of the organizations, spell out its over all goal, provide a sense of direction, and guide in decision making. 

Corporate culture (IV)
The workplace environment formed from the interaction of the employees in the workplace.

Literature Review
VARIABLES 
Employee recognition, rewards and compensation (IV)
Recognition is a judgment on employee·s contribution in terms of the work process as well as direction and motivation. Reward is a motivational tool that boosts the frequency of an employee·s action. Compensation is payment to employees in return for their contribution to the organization. 

Employee performance and assessment (IV)
Performance management is a process that company use to ensure its employees are contributing to produce a high quality product or service. 

Employee turnover (DV)

Literature Review«. Continued
IV & DV RELATIONSHIP Relationship between Organizational mission, goals, direction and employee turnover:
‡ A company·s strategy depends on its mission and vision. ‡ Involving employees in decision-making, goals, the direction of an

organization make employees satisfied resulting retention.
‡ Employees poorly communicated with company·s vision, mission and

direction generally fail to achieve their targets which tend high employee turnover.

Literature Review«. Continued
Relationship between recognition, rewards, compensation and employee turnover
‡ Companies providing incentive plans to employees are more likely to

experience lower turnover rates.
‡ Most significant reasons for employee turnover are compensation and

benefits.

Relationship between employee performance assessment and employee turnover
‡ Performance appraisals reflect the employees· performance resulting their

professional growth and financial benefits.
‡ Result oriented performance appraisals are strongly related to employee

turnover and retention.

Literature Review«. Continued
Relationship between corporate culture and employee turnover
‡ Monitory rewards, having a fun environment and flexible working

hours are motivators for employee retention.
‡ Job enrichment, workspace characteristics and socialization can

reduce employee turnover.

Conceptual Framework 

Organizational mission, goals and direction  Corporate culture  Employee recognition, rewards and compensation  Employee performance and assessment Employee Turnover

Hypothesis
y Organizational mission, vision and goals and direction are

negatively associated with employee turnover rate.
y Corporate culture is negatively associated with employee turnover

intention.
y Employee recognition, rewards and compensation are negatively

associated with employee turnover.
y Employee performance assessment and development negatively

influence employee turnover intention

Research Methodology
Research Design Co relational Study Sampling Method Survey via Personal Interview Data Collection Through Standard Questionnaire Data Analysis SPSS for Windows 12 version

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