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Employee Rentention

In: Business and Management

Submitted By verybusy
Words 2045
Pages 9
Running head: EMPLOYEE RETENTION AND TURNOVER ANALYSIS

Employee Retention and Turnover Analysis
Sonja Mason-Vidal
Southern New Hampshire University
QSO-510 X 3154
March 28th 2015
Prof. Ware

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EMPLOYEE RETENTION AND TURNOVER ANALYSIS

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Abstract
One of the most valuable assets of a company are the employees. In order for the company to do well and maximize its performance, it needs to recruit and retain good employees. In other words, having an appropriate employee retention program will be essential for the success and sustainability of the company. This is why the National American Society of Animal Safety
(NASAS) has decided to conduct a study to address the issue of employee retention. The goal of this study is to find a way to attract and retain good employees. Some key factors that will be investigated will be stress management, employee training, mentoring, supervisor support, recognition and reward, performance appraisals with feedback, work-life balance, career development, job security and sense of belonging. The study will seek to determine the relationship of the various interrelated employee retention variables by analyzing the factors as a main method of research. A sample size of 60 respondents from 200 employee was used for the study. The data was collected mainly from a survey and exit interviews, then the results were compiled using excel. The results show that overall job security, employee empowerment, worklife balance and training has the most significant influence but not all factors evaluated have a strong impact on employee retention.
Keywords: employee retention, employee engagement, performance.

EMPLOYEE RETENTION AND TURNOVER ANALYSIS

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Retaining top talent is a primary concern for many companies. Crucial analysis of workforce trends points to a possibility of a shortage of highly-skilled

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