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Chapter 5

Risks of Employee Turnover

 

The section aims to:

  • Introduce the concept of employee turnover and risks associated with turnover and retention.
  • Stimulate discussion about staff turnover and retention in small medium enterprises for HRM.
  • Explain the main reasons associated with employee turnover and strategies for controlling churn.
  • Emphasize the importance of organisations in maintaining high retention and to develop productive working relationships that require constant engagement between line managers and employees and employee voice.

  

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Technical University in Liberec, Faculty of Economics