In: Economics
A fast -food restaurant such as ARBY'S would benefit from reducing turnover of cooks and cashiers.High restaurantb turnover leads to management spending valuable time hiring and training staff members and also a less experienced staff,which can affect quality and customer service.
WAYS TO ENCOURAGE EMPLOYEES TO STAY:
1) Make them sure that they get better payment in future .
2)create a positive work place and environment .Having a strong employee handbookand keeping your finger on the pulseof STAFF ENGAGEMENT as much as guest engagement will help to avoid any conflicts in the bud and retain a harmonious and collabrativework envionment.
3) Check in within your employees: Make sure that the
employees ,mainly the top employees are happy in their role.Company
should find what they love and don't love about their role and try
to make adjustments to make sure they are happy and thriving.A
happy employee is likely to churn ,saving you time,money and
headache of finding replacements.
4)Offer professional development at all levels by delivering clear
and actionable feedbacks on their job perfomance.
PROBLEMS WHEN EMPLOYEES STAYED FOR LONGER PERIODS OF TIME:
1)LONG TERM EMPLOYEES WERE EXPENSIVE
2)NOT READY TO ADAPT AND CHANGE IN THE FAST GROWING WORLD.
3)THEYB MAY NOT BE FORWARD LOOKING
4)BEING IN LEADERSHIP POSITIONS INCREASES THEIR NEGATIVE IMPACTS.
5)THEIR SPEED MAY DECLINE.
6)THEY MAY BE SATISFIED WITH THE PAST SUCCESSES.