Determine The Ways to Reduce Employee Turnover Rate in an Organization

Abstract

Unpredictable employee turnover is a big problem for companies all around the globe. Significant costs associated with internal expertise in order loss and decreased production result from high staff churn. In order to foster employee engagement, learning, and commitment—the three pillars of strategic the improvement of human resources (SHRD)—it is essential that SHRD be deeply rooted in the organization's purpose and objectives. Organizational and individual capacities are both enhanced via performance management. Immediate outcomes are not necessary to achieve the long-term strategic objectives listed in the SHRD framework, which include societal benefits, organizational and human development, and training/learning transfer to workplaces. A common issue for many companies, frequent employee turnover is something we can assist with.