Question
In spite of the current local employment market being the employer market:, the employee turnover rate is still generally high, especially in the Greater Klang
In spite of the current local employment market being the "employer market:", the employee turnover rate is still generally high, especially in the Greater Klang Valley area. The trend of job-hopping-at-will among Generation Y makes it harder for local organizations to retain these most valuable assets.
Based on the above,
1) Identify the typical causes for employees leaving the organizations
2) Discuss in detail the related costs arising out of employee turnover
3) Suggest ways to reduce the employee turnover in the workplace in general (retention plan)
4) Relate these to your organization (or any other organization that you are familiar with) with specific examples and related costs.
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