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Employee Turnover

Employee turnover is a subject that has received extensive attention from various researchers. Researches have been done with regard to the cost of turnover; the driving forces (antecedents, predictors, etc.) behind turnover; solutions to turnover problem; effects of turnover, etc. What interests me most is the research on the factors that drive turnover which answered the question why people leave the organizations they work for. This literature review is to find out why turnover has received so much attention; and the factors that drive turnover; 1. Why Turnover Has Received So Much Attention?In today's world, human resource becomes one of the most important resources an organization needs to succeed in its business, especially, in an era of information explosion and increasing instability, in which many knowledge-based industries would likely show a 30% to 40% rate of annual turnover. (Harkins, Philip J., 1998), [1]. Almost every organization in every industry faces the high turnover problem, which is persistent and expensive. Turnover has proved to be a drain on organizations' profit. What is turnover? According to Abbasi & Hollman (2,000), [2], "Turnover is the rotation of workers around the labour market; bet


A lot of Western researchers concentrated on the investigation of the antecedents and consequences of organizational commitment. [28] They studied turnover among retail salespeople using proportional hazards regression, which was described by Morita et al. ; recruitment costs which include costs of advertising, consultancy, administration, etc. , 2001, Managing Human Capital, Behavioural Health Management, 21: p. [12] However, this was denied by Wong; Hui; Wong; & Law (2001) [26] in their research which suggests that for Chinese employees, organizational commitment has direct effects on job satisfaction and turnover intention.

Common topics in this essay:
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Approximate Word count = 3353
Approximate Pages = 13 (250 words per page double spaced)

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