The ability to retain talented employees should be a goal ofevery organization. Turnover, whether voluntary or involuntary, cancost an organization. However, there is an acceptable, evendesired, level of turnover in an organization. Choose twoindustries (e.g. military, retail, government, etc.), and detaileach industry’s employee turnover ratio/statistic. Is it desirablefor that industry? Why or why not? What are the general causesrelated to turnover/retention, and what is the single greatestfactor an organization can utilize to retain turnover at the mostdesirable level?
Expert Answer