You have prepared your credentials and researched the company you want to work with. It is...

You have prepared your credentials and researched the company you want to work with. It is time to look at the specific human resource issue facing the company. Review the article for the company you have selected and answer the following questions:

1)What is the human resource issue facing the organization?

2)How does this issue affect the company’s bottom line?

Solutions

Expert Solution

1.
The specific human resource issue faced by the organization is that there is a high employee turnover ratio in the organization. The organization pays the compensation that is at par with the industry benchmark, but the attrition rate among the employees is higher than the industry average rate. It is an alarming situation for the organization and weak organization culture, lack of feedback in measuring the effectiveness of the training & development program and poor motivational initiatives, have contributed to the HR issue of high turnover rate in the organization.

2.
Due to the high employee turnover rate, there are a poor productivity, poor efficiency, higher recruitment, training and orientation costs. Besides, there is a poor quality of the team bonding and employees get demotivated. All these factors contribute to the increase in expenses and profitability of the organization suffers. As a result, the bottom line (net income) decreases.

keosha answered 1 year ago

Next > < Previous

Related Solutions

You want to have $62,000 in your savings account 3 years fromnow, and you're prepared...

You want to have $62,000 in your savings account 3 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.9 percent interest, what amount must you deposit each year?

You want to have $42,000 in your savings account 8 years from now, and you're prepared...

You want to have $42,000 in your savings account 8 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 7.7 percent interest, what amount must you deposit each year? Multiple Choice $7,233.09 $3,991.63 $3,234.01 $5,250.00 $3,233.99

You want to have $51,000 in your savings account 7 years from now, and you're prepared...

You want to have $51,000 in your savings account 7 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.7 percent interest, what amount must you deposit each year? Multiple Choice $5,947.47 $3,416.98 $9,374.98 $3,417.01

You want to have $44,000 in your savings account 4 years from now, and you're prepared...

You want to have $44,000 in your savings account 4 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 7.7 percent interest, what amount must you deposit each year? Multiple Choice $11,000.00 $12,997.70 $9,807.92 $3,388.03 $3,387.97

You want to have $54,000 in your savings account 5 years from now, and you're prepared...

You want to have $54,000 in your savings account 5 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 7.3 percent interest, what amount must you deposit each year? Multiple Choice $10,800.00 $3,941.97 $9,334.06 $3,942.02 $13,155.56

Describe a time when a change initiative at your company (or a previous one, or one you have researched) failed.

Describe a time when a change initiative at your company (or a previous one, or one you have researched) failed. Describe ways that could have been used to overcome this resistance to change and choose and discuss an approach that could be used to managing this organizational change such as Lewin's Three Step Model, Kotter's eight-step plan, action research or organizational development. Also, discuss how the organization can embrace change by creating a culture of change by using one of...

Choose one (1) of the two (2) countries that you have researched, and give your opinion...

Choose one (1) of the two (2) countries that you have researched, and give your opinion on the degree to which the chosen country manages its economy and monetary policy well. Provide support for your opinion. Compare and contrast the economies and monetary policies of the two (2) countries that you have researched. Make at least two (2) recommendations as to the primary manner in which both countries could improve their economy and / or monetary policies. Analyze the impact...

What is your investment position? Now that you have researched, would you invest in stocks, bonds, or both?

You work for a gold mining company and you want to hedge the risk of a...

You work for a gold mining company and you want to hedge the risk of a large drop in gold prices over the coming year. Explain one possible strategy to implement this hedge using options. Provide an example to demonstrate your strategy. What are the advantages and disadvantages of using options for this hedge as opposed to a forward contract?

assume you work for TTW Company and you have disability insurance of 75% of your annual...

assume you work for TTW Company and you have disability insurance of 75% of your annual salary of $50,000 with CCC Insurance Inc. You have a life insurance policy of 3.6 times your salary with CCC Insurance Inc. paid by the employer. You also have insurance policies of $85,000 in your name, $50,000 in your spouse's name, and $15,000 each in your three children's names with CCC Insurance Inc. TTW's health and dental plans, with a life-time payout of $100,000...

Subjects