Analysis of High Turnover Rate

High turnover analysis Analysis Introduction In the United States, the high turnover rate of ethnic and female employees is a serious problem. The country has formed many races, but male Anglo-Saxons account for the majority of the labor force. It is not uncommon for ethnic and female employees to quit the company after just a few years of work. Why is this behavior a trend? To stop this trend, companies have to ask several questions. For example, what is the problem leading to high turnover rate?

To determine why an organization is experiencing high turnover rates, management needs to look for potential causes. Perform cause analysis to determine factors that contribute to high turnover rate and organizational impact. Examine the current turnover rate of the organization and compare the results with the results of surrounding organizations to determine the effect (high career turnover rate). In order to identify the cause of this effect, investigate the reason why the employee left the organization. After the employee is dismissed, the employee fills in the post-retirement questionnaire and declines the interview with the personnel staff. Through these, the organization can confirm the reasons for the departure of the staff and make plans to prevent further employees from leaving.

The reason for the high turnover rate of the hotel industry is the reason for the high turnover rate of the hotel industry. A high turnover rate indicates that employees in the hotel industry are less motivated to stay in their own organization. Why is this? It can be divided into three factors: individual factors, company factors, and industry factors. To work in the hotel industry, it is always necessary for employees to work for a long time. Overtime will always happen. Employees paying more attention to home life and freedom are no longer willing to work in the hospitality industry because they need to spend too much time or even need to influence their lives You will notice. Even for employees who do not have these personality, instability and long-term work can weaken their enthusiasm for work.

The average turnover rate of the hotel industry is 50 to 400% for employees and 25 to 200% for managers. It is considerably higher than other industries. For example, in the electronics industry (known for high sales), sales are only about 27%. High turnover rates are associated with high turnover costs, rather than losing the vacancies before the new candidates are chosen, the hotel needs to spend a lot of money to recruit new employees and managerial positions .