Assessing the impact of employee turnover on organizational performance in the automobile sector: A case study of XYZ Motors

Abstract

This paper examines the relationship between employee turnover and organizational performance in the automobile sector, using XYZ Motors as a case study. The study employs a mixed-methods approach, including surveys and interviews, to gather data from employees and management. The study finds that employee turnover has a significant negative impact on organizational performance, including reduced productivity, increased costs, and decreased employee morale. Additionally, the study identifies factors that contribute to high turnover rates, including poor management practices, low job satisfaction, and inadequate compensation. The paper concludes by providing recommendations for reducing employee turnover and improving organizational performance in the automobile sector, including improving management practices, increasing employee engagement, and offering competitive compensation packages.