Assessing the impact of employee turnover on organizational performance

Abstract

The automobile sector is a highly competitive industry, with companies continuously seeking to improve their performance and gain a competitive advantage. One crucial factor that impacts organizational performance is employee turnover. High employee turnover rates can result in reduced productivity, increased costs, and decreased employee morale, all of which can ultimately affect the overall success of the organization. Therefore, understanding the relationship between employee turnover and organizational performance is critical for managers in the automobile sector.