Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ultas high employee turn over could negatively impact the company in the next few years. Ulta Beauty is in the Bottom 35% of similar sized

Ultas high employee turn over could negatively impact the company in the next few years. Ulta Beauty is in the Bottom 35% of similar sized companies in its ability to retain quality employees. 83% of employees would not leave Ulta Beauty if they were offered a job for more money while 58% are excited to go to work each day. Overall, 53% of Ulta Beauty's employees feel the company is doing what it should to retain them while 47% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important High employee turnover. When it comes to the capacity to keep talented people. According to the company's retention score, Ulta Beauty is in the bottom 35% of businesses of a comparable size. 58% of workers are eager to report to work each day, and 83% of staff members would not quit Ulta Beauty even if they were offered a position for greater money. While 47% of Ulta Beauty workers may be looking for other employment, overall, 53% of employees believe the company is doing enough to keep them on board. Keeping talented employees on board becomes even more important because they are

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Power Of Laws

Authors: Terence K Moloisane

1st Edition

B08Z7HTFTJ, B0CP2YDQDK

More Books

Students also viewed these General Management questions