IGCSE, A Level Business Student Forum

Q5 Analyse how business can reduce its labour turnover. [5]

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Possible Structure:
[KN]
[AN]
[AN+]

[KN]
[AN]
[AN+]

KN: employee development in business
AN:employee development leads to employee feeling an important part of the organization
AN+: And thus gets more engaged in the business as there is a sense of responsibilty now.

A QUESTIONS SIR...in further analysis do we have to do adv for business here OR how does employee development lead to less labour turnover

KN: Providing workers with recognition and rewards
AN: employee development leads to employee feeling an important part of the organization
AN+: And thus gets more engaged in the business as there is a sense of responsibilty now.

ANOTHER QUESTION!!!! Is it okay to keep diff knowledge point but same analysis and further annalysis like the ones i did here

[KN] Hiring the right people for the right job. [AN] This means that most workers tend to leave if they are hired for the job that does not suit them. [AN+] This may be possible through the creation of a detailed job description and specification. As a result, the hired employees may be the ones needed by the business and they are less likely to leave.

[KN] Providing a work life balance. [AN] HR department woking to provide employees a work life balance while reducing stress and also increasing efficiency may reduce labour turnover. [AN+] This is because the employees may feel less distracted at work and may feel more committed and dedicated to their work if they feel that they are more valued to the organization.

[KN]: Recognize and Reward Employees
[AN]: Happy employees are more productive than unhappy employees. When your employees do something to go above and beyond, give them the congratulations they deserve.
[AN]: This creates a positive work environment allows employees to feel acknowledged and stay motivated.
[KN]: Offer flexibility and maintain work life balance.
[AN]: Employees stay satisfied with their jobs .

[KN] Labour turnover can be decreased through having a democratic management
[AN] feedback will be taken from employees and good communication between managers and employees should b e established
[AN+] Employees will feel heard and a valued part of the organization and so labour turnover will decrease
[KN] Fulfill basic needs of the employees like salary, job security and hygiene needs
[AN] employee dissatisfaction levels will be decreased
[AN+] Eliminating or lowering dissatisfaction is the first step towards creating a productive workplace environment

[KN]: hiring the employees according to their specialization and skills
[AN]: if not done so, the workers would look for opportunities according to their skills
[AN+]: therefore, efficient hiring would result in decreased labour turnover as employees would be satisfied

[KN]: follow a democratic management style
[AN]: consulting the employees while making decisions creates a sense of self-recognition for the employees
[AN+]: thus, it fulfills the self-esteem needs of the employees therefore, they don't intend on leaving

KN: Supporting employee's personal needs and flexible scheduling.
AN: higher job satisfaction.
AN+: Reduced labor turnover.
KN: Provide opportunities for continuous learning and advancement.
AN: Employees who feel they have opportunities to enhance their skills and knowledge will be more committed to their jobs.
AN+: Less interested in employment in other organizations.

[KN]Offering competitive salaries and benefits can be beneficial for retaining employees.
[AN]Regularly reviewing and adjusting compensation packages to align with industry standards helps ensure that employees feel fairly compensated for their contributions.
[AN+]Enhances employee satisfaction and loyalty.

[KN]Employees are more likely to stay with a company that offers opportunities for professional development and career growth.
[AN]Implementing training programs and career advancement pathways demonstrates a commitment to employees' long-term success.
[AN+]This can motivate employees to stay and invest in their own development.