The Effectiveness of Human Resource Management in Handling Employee Turnover Free Essay Example, 2000 words

Employees feel like having fun at their work. These strategic approaches have helped the organization to curb its employee turnover rate by reducing their stress level and making them satisfied with their jobs (ICMR, 2004). Activities that ascertain employee care and development also create a strong bond between the employees and employers. Such a cordial work environment also enhances the performance of the organization. Increased workload and stress has often led many employees to switch their employers voluntarily after they have failed to cope up with the tremendous workload and unsatisfactory work culture of the organizations. This has increased the employee turnover and attrition rate in the victim organization. It has become a major challenge for most of the organizations to retain their efficient workforce and control the rate of employee turnover. Irrespective of industry in which one is functioning, almost all organizations have realized the gravity of the accelerating emp loyee turnover. Though it varies with the industry, its presence is felt in almost all the sectors irrespective of their private or public affiliation. The private sector has found the issue more challenging because of the competitive business environment in which they operate. We will write a custom essay sample on The Effectiveness of Human Resource Management in Handling Employee Turnover or any topic specifically for you Only $17.96 $11.86/page Strategic approaches towards human resource have enabled organizations to identify various reasons responsible for the increasing rate of employee turnover. Optimization of the human resource strategies which will ensure the well being of work-life balance can support the organization in controlling the rate of employee turnover.