COST-EFFECTIVE WAYS TO REDUCE EMPLOYEE TURNOVER

Prepared for:
American Nutrition

Prepared by:
Anita Moayer

February 7, 2016

CONTENTS

PAGE
LIST OF ILLUSTRATIONS.....................................................................................................1

INTRODUCTION……………………………………………………………………………...2 Purpose…………………………………………………………………………………..2 Description……………………………………………………………………………….2 Scope……………………………………………………………………………………..2

DISCUSSION................................................................................................................................2 Assessing Cultural Fit…………………………………………………………………….2 Evaluating Risk Factors…………………………………………………………..2 Evaluating Compatibility…………………………………………………………3 Company Culture…………………………………………………………………………3 Employee Engagement…………………………………………………………....3 Employee Recognition…………………………………………………………….4 Offering Flexibility………………………………………………………………………..4

CONCLUSIONS AND RECOMMENDATIONS……………………………………………..5 Conclusions………………………………………………………………………………..5 Recommendations…………………………………………………………………………5

REFERENCES…………………………………………………………………………………...6

ILLUSTRATIONS

FIGURES 1. Sample Turnover Risk Index 2. Impact of FWAs on Turnover and Retention

INTRODUCTION This document presents cost-effective recommendations to reduce voluntary employee turnover at American Nutrition. This introduction provides the purpose, description, and scope of study for this report.

PURPOSE The purpose of this report is to recommend cost-effective strategies departmental managers at American Nutrition can use to reduce employee turnover. DESCRIPTION American Nutrition is currently experiencing high employee turnover rates. The company is losing a substantial amount of money because of increased employee turnover. The