Work

Employee Turnover Reduction Strategies of Small and Medium Enterprises

Year: 2025
Type: article
Abstract: Employee turnover negatively impacts small and medium enterprises (SMEs) sustainability. Grounded in the transformational leadership theory, the purpose of this qualitative multiple case study was to explore the strategies SME leaders in Nigeria used to reduce employee turnover. The participants were three SME business owners who successfully reduced employee turnover. Data were collected using semi structured interviews and a review of company documents. Through thematic analysis, four themes were identified: effective leadership practices, focus on employees’ working conditions, enhancing employees’ competence, and implementing attractive employee benefits. The findings from this study include workable strategies SME leaders could use to reduce turnover.
Institution: Babcock University
Language: English
Open Access status: diamond
OpenAlex ID: W4407809393
FWCI: 6.312
Cites:
Cited by: 1
Related to: 10