What Are The Costs Of This Turnover

Essay, Human Resources (HR) Unit 8 Application 2 Name Institution Is the loss of 30 managers out of 120 in one year a cause for concern Yes, the 30 turnover rate for managers should be of concern due to various reasons. Each management should be careful with the issue of employees turnover since valuable employees may be lost in this process. In turn, HCLC should be concerned with the loss of 30 managers since they can be leaving because of lack of job satisfaction (Gully and Phillips, 2010). Research should be carried out in order to find out why employees tend to leave HCLC. Although the turnover affects a small fraction of the managers in the organisation, finding out and putting on record the reasons why managers are leaving should be a concern so that the information can be used to analyse turnover in the future. The exit of a manager must be categorised as downsizing, voluntary or discharge exit so that the calculation of turnover rates in the end becomes possible. Factors contributing to leaving HCLC may be low motivation or external factors in relation to what HCLC offer. It is important to analyse so that the organisation knows