Term Paper on Employee Turnover:
Employee turnover is the rapid change of the employees of the company because of their dissatisfaction with the working conditions and the employer’s dissatisfaction with the quality of the employee’s work. It is quite obvious that nowadays the problem of the employee turnover is quite relevant, because people change their occupation quite often.
There are many reasons of the employee turnover. The most obvious one is the working condition and the employee’s duties. If the job is difficult and one wastes too much energy and efforts on it, he will not be able to stand such a job long. Then, the employee simply has health and family problems and wants to give up the job for the certain period of time. Finally, the employee is not enough qualified and trained to fulfill the required duties in the appropriate way.
The impact of employee turnover on the company and its success is extremely negative. Every firm requires a constant number of employees who would fulfill their job in the right way, but if the qualified and experienced employees give their job up, the novice employees will not be able to cope with their duties in the same way and the result of the turnover is the reduction of the quality of work and the reduction of the company’s profit. Moreover, the company loses money and time wasting resources on the novice employees and their training, which lasts several weeks. The wisest solution to the problem is to follow the employees’ requirements and provide them with the quality conditions of work in order to attract talents and well-educated experienced people who would work hard for the common good of the company.
The problem of employee turnover can be an interesting topic for the research, because the student is able to observe the issue from all sides and define the main reasons and consequences of employee turnover on employees and the condition of the company. The student’s task is to prepare an informative and interesting paper which would investigate and analyze the minuses of employee turnover, its types and the methods of the defeat of the problem. One can provide the professor with the examples from the real life demonstrating the impact of employee turnover on the quality of the work and achievements of the famous companies.
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