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3 years ago

What are some strategies employees employed to limit turnover?

Business

1 answer:

yan [13]3 years ago

6 0

Seven main reasons why employees leave a company:

>Employees feel the job or workplace is not what they expected.
>There is a mismatch between the job and person.
>There is too little coaching and feedback.
>There are too few growth and advancement opportunities.
>Employees feel devalued and unrecognized.
>Employees feel stress from overwork and have a work/life imbalance.
>There is a loss of trust and confidence in senior leaders.

Here are some Retention Methods:

>Training
>Mentoring
>Instill a positive culture
>Use communication to build credibility
>Show appreciation via compensation and benefits
>Encourage referrals and recruit from within
>Coaching/feedback
>Provide growth opportunities
>Make employees feel valued
>Lower stress from overworking and create work/life balance
>Foster trust and confidence in senior leaders

Hope this helps!

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So you can retire early, you have decided to start saving $500 a month starting one month from now. You plan to retire as soon a

Mashcka [7]

Answer:

It will take him 45 years

Explanation:

In this question, we are asked to calculate the number of years it would take to accumulate $1,000,000 if there is a plan to save $500 per month at an interest rate of 5%.

To solve this, we use the following mathematical formula:

Future value of annuity = Annuity payment * {(1+r)^n - 1}/r

Where r is the monthly interest rate and n is the number of months it will take.

From the question, we can identify the following;

Since he earns 5% interest on savings, the actual monthly interest rate will be 5%/12 = 0.4167% = 0.004167

Annuity payment = monthly payment = $500

Future value of annuity = $1,000,000

We substitute these values into the equation:

1,000,000 = 500 * [(1+0.004167)^n - 1]/0.004167

8.334 = (1.004167)^n - 1

1+8.334 = (1.004167)^n

9.334 = (1.004167)^n

To get n, we simply take the log on both sides of the equation

Log 9.334= nLog 1.004167

n = Log9.334/Log1.004167

n = 537 months

Question asks to calculate in years

there are 12 months in a year. The number of years it will take will be 537/12 = 44.76 years and that’s approximately 45 years

8 0

3 years ago

A sole proprietor has ______ personal liability for all business debts and obligations.

andreev551 [17]

A sole proprietor has unlimited personal liability for all business debts and obligations.

<h3>Who is a sole proprietor?</h3>

A sole proprietor is the owner of a sole proprietorship. A sole proprietorship is a type of business that is owned by one person.

A sole proprietor and the business are regarded as a single person under the law. Thus, a sole proprietor has an unlimited liability. An unlimited liability means that in event of default, both the e property of the business and the sole proprietor can be seized.

To learn more about sole proprietorship , please check: brainly.com/question/1428023

#SPJ1

4 0

2 years ago

Which of the following is the riskiest choice for your money? A. Savings account B. Government bonds C.CDs D REI

Vikki [24]

D., REI. hope that helped

7 0

3 years ago

Read 2 more answers

Next week, super discount airlines has a flight from new york to los angeles that will be booked to capacity. the airline knows

Setler79 [48]

The cost of underestimating the demand is considered a revenue loss that arises due to cancellation of flight costing $134. Hence, cost of underetimating the demand is $C_u=\$134$ .

The cost of overestimating the demand is known as rewards. For example, free round trip ticket worth $263. Hence, the cost of overestimating the demand is $C_o=\$263$ .

$\frac{C_u}{C_u+C_o} = \frac{134}{134+263} \\ \\ = \frac{134}{397} =0.3375$

The z-score that yields a p-value of 0.3375 is -0.4193.

Thus, super discount airlines should overbook the flight by 35 + (-0.4193 x 24) = 35 - 10.0632 = 24.9368 = 25 seats.

Therefore, super discount airlines should overbook the flight by 25 seats.

4 0

3 years ago

Kubin Company’s relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average cos

erastovalidia [21]

Answer:

a. $142,500

b. $86,250

Explanation:

a. The computation of the total direct manufacturing cost is shown below:

= (Direct material per unit + direct labor per unit) × number of units manufactured

= ($7.20 + $4.20) × 12,500 units

= $142,500

b. The computation of the total indirect manufacturing cost is shown below:

= (Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit) × number of units manufactured

= ($1.70 + $5.20) × 12,500 units

= $86,250

8 0

3 years ago