Thursday, September 26, 2019

Turnover Essay Example | Topics and Well Written Essays - 8750 words

Turnover - Essay Example If the turnover continues to increase with new employment, then it becomes similar to losing the assets of the company. There is a link between the rate of turnover that occurs in a company and the level of empowerment within the organization, the organizational environment, and elements associated with the dynamics of the workforce. The importance of turnover rates also creates a question of what an organization should do to decrease the rate. Specific changes can help reduce the rates of organizational turnover, specifically so that human assets continue to assist with the increase of production and growth within an organization. Knowledge distribution is a main factor that contributes to organizational turnover rates (Chow, Choy and Lee, 2007). This is on the perspective of the amount of knowledge provided. The knowledge distribution has a direct impact on the motivation of employees to complete specific tasks and projects. It also provides guidance and direction for the growth and expectations of the company. Knowledge distribution from management systems helps in defining the tasks and movement toward achieving the goals of the company. The imbalance of knowledge distribution can change the levels of motivation and the ability to complete specific tasks within the workforce. This results in higher turnover rates (Chow, Choy and Lee, 2007). This study identifies the factors that contribute to high turnover in distribution and third party logistics (3PL) organizations, specifically in terms of how turnover relates to dynamics such as knowledge distribution in an organization. The 3PLs are the essential or fundamental highest levels of knowledge distribution to that can complete tasks. At the same time, there are gaps within the knowledge distribution, which leads to higher levels of organizational turnover (Fugate and Stank, 2009). The research will investigate new ways of looking at the organization, and how

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