Question
You are an HR Generalist for Scuba Enterprises. The company employees approximately 250 people. The company sells diving equipment throughout the country. Throughout the last
You are an HR Generalist for Scuba Enterprises. The company employees approximately 250 people. The company sells diving equipment throughout the country. Throughout the last year and some changes have happened throughout the organization. In the past year, there has been an increase in employee resignations.
Within the past year, Scuba Enterprises hired 70 new employees. However, there have also been 63 resignations in the same timeframe. Currently, there are 30 open positions to fill. You will need to brief senior leadership on this trend, along with some recommendations to reduce turnover.
On a Word document and using APA formatting, create a 750-word essay. Your essay must include at least four scholarly references and answer the following prompts:
- Through research, determine the average employee turnover cost.
- Analyze the 63 resignations and how they impact the organization. (Hint: multiply the average employee turnover rate by 63).
- Explain three intrinsic costs that Scuba Enterprises may encounter due to the turnover and new hire of employees.
- Provide three recommendations supported with research to reduce employee turnover rate.
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