Quelling Voluntary Employee Turnover
Samuel Berger, Martin Ellis, Samantha Harris, Ivan Ravinsen
Statistics and Research Methods for Managerial Decisions
QNT 544
Burt Hollis
November 27, 2005
Quelling Voluntary Employee Turnover
A popular business mantra quotes the quintessential CEO as stating, “My most important assets walk out the door every night, and my most important job is to be sure they all walk back in tomorrow morning.”
This elucidative narrative illustrates the importance of retaining quality employees to running a successful business. Thousands of dollars and an equally hefty number of man-hours are devoted to training employees to the standard at which they can contribute positively to the organization. The knowledge these employees receive either formally—through training programs—or informally—through years of experience—are of an immeasurable value. According to Bartel & Worstel (2000), companies are at risk of losing critical information by allowing......
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Approximate Word Count: 2758
Approximate Pages: 11 (260 words per double-spaced page) |