I can observe that there has been an alarming rise of the turn over rate in my company during this economic recession period. It is a hard time for the company especially when it failed to hold the quality employees.
Leader with appropriate mindset will recognise people as an essential asset to a company. Therefore, investing money in people should not be treated as an expenditure, which need to be kept to the minimum amount necessary. When employees are force to take unpaid leaves as a measure to cut cost, increased workload has arisen because of restructuring, downsizing, increased responsibilities etc.
Most importantly, contribution by staff should be recognised through attractive compensation to avoid staff dissatisfaction and high burnout rates . Afterall, good benefits plan encouraged people to work harder and perform better in a company.
I hope those leaders in my company can plan something to investigate the reason of high turnover and resolve human resource management related issue. Effort should be taken to provide opportunity for people in an organization to maximize his/her contribution.
8 comments:
lol...110% support^^
reformasi time!!!
keke.we shall see what happen this September. If no action is taken, then audit is in danger due to shortage of manpower..
the so-called top management is in disarray right now due to kopi o. u can see for yourself, who are the real workhorse and who are there just to fill their own pockets.
maybe there wont be anyone left when they finally realize what is going on in the real world.
High turnover rate is always not healthy. Hope things will turn ok for your organization.
just found your blog. gambatte!
The company should focus on retaining key personnel from leaving. It is normal for company to go through this phases, to conserve cash for survival of toughest time.
Well people leave and go.... but during economic downturn, majority will stay put.
Post a Comment