Retention

You are an HR Generalist for Scuba Enterprises. The
company employees approximately 250 people. The company sells diving equipment
throughout the country. Throughout the
last year and some changes have happened throughout the organization. In the
past year, there has been an increase in employee resignations.
Within the past year, Scuba Enterprises hired 70 new
employees. However, there have also been 63 resignations in the same timeframe.
Currently, there are 30 open positions to fill. You will need to brief senior leadership on
this trend, along with some recommendations to reduce turnover.
On a Word document and using APA formatting, create a
750-word essay. Your essay must include at least four scholarly references and answer
the following prompts:
·
Through research, determine the average
employee turnover cost.
·
Analyze the 63 resignations and how they
impact the organization. (Hint: take the
average employee turnover rate and multiply by 63).
·
Explain three intrinsic costs that Scuba
Enterprises may encounter due to the turnover and new hire of employees.
·
Provide three recommendations supported with
research to reduce employee turnover rate.

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