HRM440 Colorado State Solution to High Turnover Rates Assignment

Throughout the years, acceptable turnover rates have been debated. In 2007, Bernadette Kenny (Links to an external site.)Links to an external site., a writer for Forbes, stated that acceptable turnover rates are those that fall below 15%. This 15% turnover rate, even to date, has remained a good indicator of whether or not recruitment, selection, and retention efforts have been effective.

At the end of 2016, it was noted that your organization had a turnover rate of 40% among new hires. This turnover rate was extremely alarming and has in return cost your organization a great deal of money. The Chief Executive Officer of your company sees many problems with this turnover rate and thus would like you (the Human Resource Director) to provide a 2- to 3-page memo of the following:

  1. What improvements can be made to the hiring process, even before recruitment begins?
  2. What methods of recruitment can be utilized to effectively select the right candidates?
  3. What issues has your company run into in regards to recruiting employees?

Your paper should be 3-4 pages in length, not including the title or references pages, with support from 2-3 scholarly sources. The CSU-Global library is a good place to find these sources. Be sure your paper conforms to the CSU-Global Guide to Writing & APA. (Links to an external site.)Links to an external site.

Reference:
Kenny, B. (2007, April 25). The coming crisis in employee turnover. Retrieved from http://www.forbes.com/2007/04/24/employees-turnove…

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