Critical Thinking Assignment : Turnover Essay
Strategy for Reducing Management Turnover
In the case study regarding Bubba Gump Shrimp Company, where the company has shown to be successful, as in 2006 they were recognized as Best Company to work for in Orange County. The company contributes their success to the low turnover of 16%. For organizations, the turnover rate is important and in some cases can make or break an organization. In order to maintain a lower turnover rate, organization should implement a well thought out strategy plan which would include employee selection and adequate training program, growth and challenge opportunities as well as competitive pay and a benefits package.
Employee Selection & Training Program