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?

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

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