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Question #1
1
One of the factors to consider is the size of the organization. The higher the number of
employees a company has, the higher is the rate of turnover expected. An organization that has a
37% turnover ratio and say 300,000 employees is different from an organization that has 20
employees and 37% turnover rate.
Another factor to consider is the reasons why this turnover rate is being observed. You might
find that in some companies, there is a high number of employees retiring from active duty each
year. These employees also add up to the turnover rate but they have come out of the company
because of the age factor. Others willingly leave the company in pursuit of greener pastures or
other ventures. They are still counted as part of the turnover rate. It is important to get this
information.
2
There are numerous factors to analyze to determine why employees leave a company. There are
four different types of employ...