Case: TURNOVER ANALYSIS You recently completed your companys new compensation plan. You are happy with the results but know there is more to retaining the employees than just pay, and you dont currently have a retention plan. Your organization is a large staffing firm, consisting of several offices on the West Coast. The majority of employees are staffing recruiters, and they fill full-time and temporary positions for a variety of clients. One of the challenges you face is a difference in geographical areas, and as a result, there are differences in what may motivate employees. As you initially look at turnover numbers, you have the sense that turnover has increased over the last six months. Your initial thoughts are the need for a better retention strategy, utilizing a bonus structure as well as other methods of retention. Currently, your organization pays a straight salary to employees, does not offer flextime or telecommuting options, focuses on individual performance (number of staffing placements) rather than team performance, and provides five days of vacation for every two years with the organization. Month Separated Employees Total Number of Employees Midmonth February ______ March 11 __________________ 12 550 __________________________________ 552 April 14 541 May 16 539 June 20 548 July 22 545 Chapter Case Reference Video Resources: Patrick Dixon discusses employee motivation: https://www.youtube.com/watch?v=bMandjuFsz0 (Links to an external site.) Sharon Mikrut discusses protecting your most important assetemployees: https://www.youtube.com/watch?v=U5lzF-xhDuM&feature=related (Links to an external site.) Mary Kay OConnor interviews Jim Bird about Work-Life Balance programs: https://www.youtube.com/watch?v=__nNjCA1tbc&feature=related (Links to an external site.) The Role of the HR Manager in Retention: https://www.youtube.com/watch?v=3baXZuyV7HM (Links to an external site.) https://www.youtube.com/watch?v=pZxHQakyBmg (Links to an external site.) Retention for different generations: https://www.youtube.com/watch?v=X3MzyyrBsgQ (Links to an external site.) Use of company branding for retention: https://www.youtube.com/watch?v=acwAB2CLgxI (Links to an external site.) Theory X and Y (produced by students): https://www.youtube.com/watch?v=hpgVsl0o7zI&feature=related (Links to an external site.) Discussion Forum Instructions A maximum of 25 points will be awarded for the assigned questions AND a fellow classmate analysis posting. The points will be totaled together for a total score for this discussion forum assignment. The points will be totaled together for a total score for the Dforum assignments. It is in your interest to submit answers for every assigned question/posting to avoid any zeros. A minimum of 80 words per answer or response is required. Identify question number(s) however it is not required to re-type or insert the questions unless it is helpful to your work completion. Prepare your responses to the discussion questions or classmate analysis using the information presented in the text and in the course study materials. Your thoughtful reasoning for addressing a question in a particular way is expected. Please be sure to provide your best work by editing your responses for cohesiveness of thought, spelling and grammar. You may also add specific and relevant personal work experience that is directly related to the question. Your grade will be based upon thorough and concise content and not volume. In addition to your own posting, you must analyze and respond to at least two (2) of your classmates postings by the weekly assignment deadline.
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