Business 325 Strategies to Reduce Expatriate Turnover - 275 Words

Business 325: Strategies to Reduce Expatriate Turnover (Other (Not Listed) Sample) Content: Strategies to reduce expatriate turnovernameinstitutionTo: ManagerFrom: HR ManagerSubject: strategies to reduce expatriate turnoverDate: 31/07/2016The high cost of turnover can result to bankrupting of an organization especially in cases where employees leave, and the process of pre-employment develops a revolving door. Organizations that are associated with high rates of turnover are not limited to fast service hotels and temporally businesses such as amusement parks. According to the statistics from the US Bureau of Labor retail stores, construction companies, transport services, and professional services organizations are faced by voluntary resignation of employees thus resulting in high rates of turnover.Various strategies that are meant to reduce the rate of expatriate turnover has been Identified. First, to reduce the turnover rates in prominent organizations involves having a look at the current workforce. This includes an examination of the skills, characteris tics and employees qualifications. In addition, there is great need to develop a benchmark that can evaluate future jobs applicants and obtain candidates who have similar attributes. As a manager, it is important to have an introspective look at the current employees and their qualities since it is important to acquire talented employees who can work with the company.Secondly, the management should ensure that both the managers and the supervisors receive the best leadership training. From the research conducted it was found that poor...