Employee Turnover Rates Report Executive Summary

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Employee Turnover Rates Report: Executive Summary
Every successful business needs a better employee turnover rate. Thus, firms must ensure
that labor and wage are proportionately equal so that staff members feel better to pay for their
services. Therefore, an organization must identify the best factors which will retain employees
for the betterment of the entity. Such elements may include: employee motivation, knowledge
assessment, providing bonuses, and empowering personnel. Firms have thus realized that
employee turnover is best accomplished when challenges which affect the individuals are
handled accordingly. Always, it involves providing benefits such as performance reviews, the
flexibility of work schedules, and giving workers adequate time for personal engagements like
holidays and off-duties. Also, there can be the provision of bonuses to employees to help boost
their morale which will make them high achievers and performers. The primary argument is that
the level of empowering personnel or motivating them can influence their general performance
capabilities. Individuals with better work-life balance always maintain devotion to an
organization. The research found various measures which should be used by the companies in
their systems to lengthen the stay of employees in their establishment. These elements include
external factors like work environment and individual aspects like inspiring and motivating the
personnel, offering bonuses, and creating healthy work-life balance. These factors will make the
employees feel motivated, thus having a better relationship with the organization making them
being fond of their job. It is highly recommended that the firms find efficient and effective ways
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to give extra benefit send-offs to their employees based on their hard work. Finally, the office
hours must be accommodating to staff members as they should not feel to be wholly tied to job.

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