Human Resource Case:

You have been hired to be the assistant director of human resource. The director of human resource has been with the company 30 years. The director indicated to you in a conversation at lunch that, if you can stem this exodus of workers and get this under control, there is a good chance you will become the new director of human resources when they retire in six months. There are 12 new startup companies that are expanding in the area. Your turnover rate has gone from 4% to 22% and the director is alarmed at this trend. The costs to hire new employees has increased by 50% due to broader job searches, interviews, travel costs etc. You are to research the topics of employee satisfaction in work and employee turnover and conduct a statistical analysis of the situation. Please prepare an executive summary of your analysis and submit it to the director of human resource and the chief executive officer. Once you have researched the topic, please use the research to build a recommendation strategy that will reverse this trend and lower the turnover rate to below 5%. You can assume that your recommendations worked and that a recent statistical analysis indicated, that currently, there are 500 employees and only 12 have left the company over the past six months for employment at other firms. You will need a hypothesis test to see if this has resulted caused the turnover rate to be below 5%.

Harvard Business Review Articles to Use In Case:

1. Volunteer Programs That Employees Can Get Excited About