What Impacts does Turnover Have on the Company
Year: 2024
Type: article
Abstract: This article aims to present the results of our study that aims to highlight the harm and possible benefits of staff turnover. Understanding the phenomenon of turnover is extremely important for organizations, as it has a significant impact on several aspects of performance and organizational culture. Organizations can use information about past turnover and future trends to predict hiring needs, plan successions and develop talent retention strategies. Ensuring the company has the right workforce to achieve its business objectives. Furthermore, studying turnover provides opportunities for learning and continuous improvement. By analyzing the reasons behind employee departures, organizations can identify areas that need improvement and adjust create a healthier, more productive work environment. This contributes to the development of more effective human resource management practices and the sustainability of organizations in a dynamic and competitive labor market. In short, understanding turnover is crucial to effective human resource management and the long-term success of organizations. It affects financial, cultural aspects, employee satisfaction, strategic planning, and competitiveness in the job market. For the study, a qualitative research methodology was adopted, based on information collected through interviews with people who have experience in people management, allowing analysis based on different experiences and perceptions.
Institution: São Paulo State Technological College
Language: English
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W6949199909
FWCI:
Cites:
Cited by:
Related to: