How to Avoid High Turnover Essay

Employee upset is a ratio comparison of the come of employees a company must replace in a assumption time period to the average number of total employees. In the recent years consummation de go badment of Caulfield Racecourse experienced difficultys associated with high turnover, which is a pervasive and serious issue resulting in high direct pulmonary tuberculosis as well as intangible costs, low exploit aim and job dissatisfaction.Operation department is looking after large poem of employees event managers and supervisors, administration and operation assistants, staff coordinators, caterers, set up teams, cleaners. The hassle is not the lack of job appli weedts the company encounters endless stream of applications. The problem is that the quality employees are hard to keep. The talented employees do not roost for long before they get employed well-nighwhere else. As an Operation Manager Executive Assistant the author has been asked to examine and analyse factors tha t whitethorn impact on staff turnover.Applying a combination of quantitative and soft techniques (form of structured questionnaire) to determine the reasons why workers leave their jobs at Operation department, this look tries to identify the root causes of job dissatisfaction leading to turnover and provides managerial implications that may assist managers in dealing with labor-related risks. 1. 1 Objectives This report is identified to attain the following objectives 1. To identify general factors that may cause high turnover within Operation department. 2. To examine and analyse levels of staff job satisfaction. 3.To pop the question rough measures in order to improve overall job satisfaction, performance and reduce high turnover. 1. 2 Methodology * Structured questionnaire (consist of multiple choices, be and descriptive questions). The survey method was selected to gather primary selective information by administering the structured questionnaire among the employee in Op eration department of Caulfield racecourse. The questionnaire is chosen because of its simplicity and reliability. We derriere expect a straight answer, which is directly related to the questions asked. Interpretation of data under this butt end also be done correctly.An organisation perceive to be in economic difficulty will also pitch the specter of impending layoffs. Workers believe that it is rational to seek other employment. 3. The organisational culture. untold has been written about organisational culture. It is sufficient to note here that the reward system, the volume of leadership, the ability of the organisations to elicit a sense of commitment on the part of workers, and its development of a sense of shared goals, among other factors, will trance such indices of job satisfaction as turnover intentions and turnover rate. . The characteristics of the job. several(prenominal) jobs are intrinsically more attractive than others. A jobs attractiveness will be affected by some an(prenominal) characteristics, including its repetitiveness, challenge, danger, perceived importance, and capacity to elicit a sense of accomplishment. A jobs status is also important, as are many other factors. 5. impractical expectations. Another factor is the unrealistic expectations and general lack of knowledge that many job applicants pee-pee about the job at the time that they receive an offer.When these unrealistic expectations are not realised, the worker becomes disillusioned and decides to quit. 6. Demographics. Empirical studies have demonstrated that turnover is associated in particular situations with demographic and biographical characteristics of workers. exclusively to use lifestyle factors (e. g. smoking) or past employment history (e. g. many job changes) as an explicit basis for screening applicants, it is important for integrity and fairness to job applicants to verify such biodata empirically. 7. The person. In addition to the factors listed abo ve, on that point are also factors specific to the ndividual that can influence turnover rates. These embarrass both personal and trait-based factors. Personal factors include things such as changes in family situation, a desire to learn a new skill or trade, or an unsolicited job offer. In addition to these personal factors, on that point are also trait-based or personality features that are associated with turnover. These traits are some of the same characteristics that predict job performance and counterproductive behaviors such as loafing, absenteeism, theft, substance abuse on the job, and sabotage of employers equipment or production.These traits can be measured and used in employee screening to identify individuals wake lower probability of turnover. It is important to note that the factors we have listed above can be classified as being within or beyond the control of the employing organisation. In order to actively participate in simplification costs associated with tur nover, organisations need to identify those factors over which they do have some control and initiate necessary changes to reduce turnover attributable to these manageable factors.